The Vice President, Professor Yemi Osinbajo, SAN, said it was unfitting to compare the realities of the Nigerian economy with those of other smaller African states.
He argued that at least 10 Nigerian states “have bigger GDPs than those countries.”
Osinbajo also noted that the violent reports emanating from the country did not reflect the reality of the entire country which, he said, was too…
The Federal Government is proposing a budget with estimates totalling N19.76tn, while the deficit will hover between N11.30tn and N12.41tn in the 2023 fiscal year.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, who made this known in Abuja on Monday…
Six international oil companies are to remit a total of N442.37bn in August 2022, being proceeds from the sale of domestic crude oil in May 2022, figures obtained from the Nigerian National Petroleum Company Limited on Monday showed.
NNPC explained that the N422.37bn was for…
The National Bureau of Statistics says prices of selected food items increased in July.
It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday.
The NBS stated that the average price of 1kg of white beans rose by 23.22 per cent from N444.21 in July 2021 to N547.38 in July 2022.
“On a month-on-month basis, the price increased by 2.09 per cent…
The Nigerian Bottling Company said it has empowered over 22, 000 youths across 10 cities, seven campuses within the digital space in partnership with international business machines, between 2017 when the company started its youth empowerment program till date.
In a…
The contractor handling the construction of the MKO Abiola International Airport at Ido Osun in Osun State, JM & AS Limited, has written the state government to demand immediate payment of N570.2m debt expended on the project or be ready for court action.
The firm…
The National Pension Commission has vowed to go tough on relatives, workers and retirees who fake deaths of contributors to the Contributory Pension Scheme in order the get the benefits entitled to deceased persons.
To ensure that a worker is truly dead apart from other means of verification, PenCom has also asked the banks to close the accounts of reported dead persons so that they would not be…
Economists have advised Nigerians to brace for higher inflation in the coming months.
They said that political spending as preparations for the 2023 general elections heightens, worsening exchange rate and other factors would keep inflation high.
As the country prepares for…
The CEO, MTN Group Ralph Mupita, has declared that the 5G licence won by MTN Nigeria will usher in a new world of opportunities.
He spoke on Arise TV’s Global Business Report and gave an indication of what the telco would achieve with the spectrum licence.
“We have often…
An agribusiness giant, Heifer International, has spent $1 billion to increase investments in agricultural capacity and resilience across Africa, its Country Manager, Yusuf Idris has said.
He made this known yesterday in Lagos during the launch of its Africa Tech Challenge christened AYuTe Africa Challenge.
AYuTe Africa Challenge, an agritech contest for young entrepreneurs run by Heifer…
