Breaking: N15trn Infrastructure Fund for launch in October -CBN
The Central Bank of Nigeria (CBN) has announced that InfraCorp Plc, the N15tr Infrastructure Fund which will boost funding for
Read More
ECONOMY
ECA, African Union project continent’s diaspora remittances to drop by $3bn in 2021
The Economic Commission for Africa (ECA) and African Union Commission (AUC) have projected remittances to African countries to fall by
Read More
FEC approves N89.6bn for projects under Works, Aviation ministries
•As council okays draft national policy on IDPs The Federal Executive Council (FEC) on Wednesday approved about N89.6 billion worth
Read More
Finance Minister defends FG, says “we are borrowing sensibly and responsibly”
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Monday defended the Federal Government, saying it
Read More
NBS forecasts 5% GDP growth by year-end
Nigeria’s Gross Domestic Product (GDP) may witness 5 per cent growth by the end of the year if agriculture and
Read More
Nigeria’s economy grew by 5.01% in second quarter -NBS
The National Bureau of Statistics (NBS) has disclosed that the Nigeria’s Gross Domestic Product grew by 5.01 per cent,
Read More
AfDB fund provides $7.3m for youth empowerment
The African Development Bank (AfDB), through its Youth Entrepreneurship and Innovation Multi-Donor Trust Fund, has provided more than 7.3
Read More
Developing countries to receive $275bn as IMF commences distribution of $650bn SDRs –MD
Developing countries are expected to receive $275 billion dollars out of the International Monetary Fund’s (IMF) $650 billion dollars Special
Read More
FG, states, LGs share N760.7bn for July
The Federation Accounts Allocation Committee (FAAC) has shared N760.717 billion as federation allocation for the month of July. This is
Read More
NNPC Ltd: FG to hold equity in trust for federation – Minister
The Minister of State for Petroleum Corporation, Chief Timipre Sylva, says the Federal Government will hold equity stake in trust
Read More