The Senate had last week Thursday approved the request of President Bola Tinubu to borrow $800m loan from the World Bank. It also amended the 2022 Supplementary Appropriation Act to accommodate the provision for N500billion for palliatives to mitigate the…
The Organised Private sector has urged the Federal Government to formulate an export policy that would boast economic growth in the non-oil sector. The Director-General, Manufacturing Association of Nigeria (MAN), Mr Segun Kadir made the call at the closing of…
By Matthew Denis The Federal Government through the Debt Management Office (DMO) has redeemed a total of $500 million Eurobond on its due date on July 12, 2023. This was contained in a statement made available to Nigerian NewsDirect on Wednesday. The…
The Lagos Chambers of Commerce and Industry (LCCI) has called on the Federal Government to halt over $5 billion paid as freight to foreign ship owners. In a letter addressed to President Bola Ahmed Tinubu, the President of the Chamber, Dr. Michael…
By Seun Ibiyemi The House of Representatives has tasked the Federal Government to lift the ban on the sale of fuel in border communities, following the removal of fuel subsidy. This followed the adoption of a motion by Rep. Adegboyega…
The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Mr Olumide Adeosun, has commended the deregulation of the petroleum downstream sector and the unification of foreign exchange rates by the Federal Government. The Chief Executive Officer of Ardova…
The Lagos Chamber of Commerce and Industry (LCCI) has commended the efforts of the Federal Government in formulating policies, national plans, and sectoral interventions toward creating an enabling environment for enhanced national prosperity. President, LCCI, Dr Michael Olawale-Cole in a statement…
The Federal Government in collaboration with Oyo State Government on Tuesday, inaugurated a new software application National Animal Disease Information System (NADIS) Mobile Application, to track and report animal disease outbreak in Oyo State. This is contained in a statement…
By Omolola Dede Adeyanju The President, National Chamber for Commerce, Industry and Mines Association (NACCIMA), Dele Kelvin Oye has written to the federal government on implications and suggestions on the current economic reform. According to the proposal, “The June 2023…
Following the discourse to revamp Nigeria’s economy from the prevailing strains, the new President Bola Tinubu led Federal Government has been urged to harness the potentials of Small Businesses in the Country, to achieve its 6 percent GDP growth rate…
