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FG seeks increased revenue from mining

The Federal Government is seeking the collaboration of stakeholders in the mining sector to generate more revenue from the country’s solid mineral deposits. Minister of...

External reserves sink to five-month low of $43.67bn

The nation’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29 days, latest data obtained from the Central...

10 million pupils benefiting from school feeding – FG

The Federal Government has said about ten million pupils are currently benefitting from its homegrown school feeding programme.   The Special Adviser to the President on...

FG takes delivery of $8.5m calibration aircraft

The Federal Government on Thursday evening took delivery of a calibration aircraft worth $8.5m that will serve in the calibration of navigational aids across...

PWC: Diaspora remittances to hit $25.5b

Nigerians in diaspora constitute a significant proportion of immigrants worldwide.   According to the Federal Government, there are over 17 million Nigerians in the Diaspora.   To underscore...

Good management can end insecurity, corruption – NIM

The President, Nigerian Institute of Management, Prof Olukunle Iyandan, said that insecurity could be brought to an end with good management.   He said this during...

Nigeria becomes India’s third biggest oil supplier

Nigeria improved its ranking by a notch and emerged as the third-biggest oil supplier to India in July, replacing Venezuela, which slipped to number...

CBN sets lending limits for banks, others

The Central Bank of Nigeria has set lending limits for banks and other financial institutions under its regulation to reduce their exposure to risks. The...

FG’ll roll 60% 2019 budget into 2020 –Ngige

The Minister of Labour and Employment, Dr Chris Ngige, on Thursday said that lack of aggressive implementation of the 2019 budget meant that 60...

FG injects N600bn into power sector

The power sector is going to get N600bn intervention from the Federal Government very soon.   President Muhammad Buhari has signed for the release of the...
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