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, decried that the government might be unable to provide for treasury funded capital projects next year, especially due to…
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…
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 statement, during the company’s youth empowered programme in Owerri, Imo State, NBC said that the initiative was part of the…
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…
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 2023 general elections, they predicted that political spending worsening exchange rate and other factors would keep…
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…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) yesterday denied the engagement of a consultant to collect money at loading depots and highways.
Its President, Alhaji Debo Ahmed, issued the rejoinder in Abuja.
He noted that the statement has placed security agencies to be on the alert to avert any resultant crisis and scarcity of product.
The statement reads: “The attention…
