naira

Naira Appreciates, Gains Big Against Euro, US Dollars And British Pounds

Thursday was a good day for the Nigerian currency, Naira as it appreciated against the U.S dollars in both the official and unofficial market. The...
federal Executive council

FEC Approves N895.5Bn Supplementary Budget For Military, Covid-19

THE Federal Executive Council, FEC, Wednesday approved the draft 2021 supplementary budget of N895,842,462,917. The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed,...

FG Seeks Fresh N5.9tn Loan From British Bank

The Nigerian government is currently negotiating a fresh $14.4 billion loan which is about N5.9 trillion to finance two rail lines in the country. Minister...
finance minister

Finance Minister Reveals Why Naira Has Been Devalued 3 Times within One Year

The Federal Government has explained why the Nigerian currency was devalued again, the third time in just a year. According to Zainab Ahmed, Minister of...
RMAFC

New Revenue Sharing Formular Will Be Ready Before End of 2021 – RMAFC

THE Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, has revealed that a new Revenue Allocation Formula among the three tiers of government (federal, states...
NLC

NLC Declares Indefinite Strike in Nasarawa

The Nigeria Labour Congress (NLC), and Trade Union Congress (TUC), in Nasarawa State, on Monday, declared a trade dispute with the State Government over...
UDOM

Give States Powers To Generate and Distribute Electricity – Gov Udom Urges FG

Governor of Akwa Ibom State, Udom Emmanuel, has blamed policies of the Federal Government for hindering his investments in the state’s power sector, saying...
buhari

Senate Approves $8.325m and €490m External Loans Request for President Buhari

The Senate on Thursday approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 and €490,000,000 under the 2018-2020 External...
CBN BOSS

Free Fall of Naira: PDP Demands Resignation of Emefiele

The Peoples Democratic Party (PDP) has demanded the immediate resignation of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The PDP’s National...
dollars

Naira Collapses To All-Time Low Against U.S Dollar

The value of the Nigerian currency is opening the week at an all-time low at the official market against the U.S dollar. Data from the...

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