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Banks’ credit to govt hits 60-year high

…Analysts blame hike in borrowing on revenue shortfall …Govt borrowing from bank is less productive — Former President, CIBN By Uthman Salami & By Ogaga Ariemu, Abuja On the heels of government borrowing to finance budget, the Central Bank of…

Nigerian passport ranks 101 among 199 countries

The Nigerian passport is ranked 101st out of 199 countries, according to the ranking done by the Henley Passport Index, described as the original, authoritative ranking of all the world’s passports. The index ranks passports, according to the number of…

NAF debunks military plane crash report

The Nigerian Air Force (NAF) has denied reports that one of its aircrafts crashed on Sunday. This follows viral reports, claiming that a NAF fighter jet crashed around Kaduna on Sunday. But the Director of Public Relations and Information, NAF,…

FIRS Board Dissolves Moribund Junior Staff Union

The Board of the Federal Inland Revenue Service (FIRS) has announced the dissolution of Nigeria Civil Service Union (NCSU), FIRS Unit whose Exco was purportedly made up of senior staff of FIRS, for reasons outlined in an official announcement circulated…