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JUST IN: FG, states, LG share N640b

Nigerian Flag The FG, States and LGCs share N640.310 billion for the month of January, 2021. The Federation Accounts Allocation Committee (FAAC), today at its meeting through Virtual Conference shared to

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Why Buhari approved N34 billion for rural roads — Minister of Budget

By Chinonso Alozie, Owerri The Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, yesterday said that President Muhammadu Buhari had approved N34 billion, to tackle road

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Global stocks mostly fall amid angst at inflation risk

Global stock markets mostly fell Wednesday, with investors worried about high-flying share prices and the potential for inflation to spiral. The post Global stocks mostly fall amid angst at inflation

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IMF Backs CBN, Cautions against Cryptocurrency Transactions

The International Monetary Fund (IMF) has cautioned against transacting in cryptocurrency, saying regulating the digital currency remains a concern not just to the Central Bank of Nigeria (CBN) but to

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Investors raise concern as artisanal miners flee sites

Following the recent crisis across the southwest between herdsmen and their host communities, northern artisanal miners in Ondo State have abandoned their trade for fear of being attacked. The post

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Online fraud rising as more Nigerians fall victims

Increasing number of Nigerians count their losses as activities of cybercriminals continue to rise year-on-year (Y-o-Y) basis. The post Online fraud rising as more Nigerians fall victims appeared first on

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CBN sells $10.3bn at FX market in six months

The Central Bank of Nigeria (CBN) sold a total of $10.3 billion at the foreign exchange (FX) market in the first half of last year, the 2020 half-year activity report

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Shareholders move to stop FG from borrowing unclaimed dividend

The Palm Wealth Shareholders Association (PWSA) has instituted a case against the government at Federal High Court of Nigeria, Abeokuta Division, Ogun State, asking the court to void the plan

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FG targets 500,000 employees under survival fund scheme

The Federal Government has announced a plan to support over 500,000 employees with a N30,000 one-off grant, noting that the initiative is to cushion the effects of COVID-19 on the