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People & Money
25,000MW deal: Scope of works on FG, Siemens Power Deal Expanded with additional 22 transmission substations.
Determined to ensure that there is a complete overhaul of the transmission network in the country, the Federal Government has…
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People & Money
Fuel Subsidy: Nigeria May Face New Bout of Petrol Scarcity
Africa’s largest oil producer could experience yet another scarcity of Premium Motor Spirit, popularly known as petrol, as talks between…
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Uncategorized
Investor Signs Agreement with FG over Nigeria’s Gold Industry
In addition to being Africa’s biggest oil producer, Nigeria has huge untapped deposits of several minerals including gold, iron ore,…
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People & Money
Nigeria Enters “Technical Recession”, Deepest Since 1987
A technical recession is often caused by a single event e.g. the fall in oil prices or an outbreak of…
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People & Money
FGN, 2020 Finance Bill Will Not Increase Taxes
“As experts have frequently pointed out, the solution to increasing Nigeria’s tax revenue is to widen the tax base rather…
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People & Money
Nigeria Recorded N409bn Fiscal Deficit in August – Report
The Nigerian government recorded a fiscal deficit of N409.39bn in August, a report by the Central Bank of Nigeria (CBN)…
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People & Money
Nigeria Begins Payment of N30,000 Grant to Artisans – FG
The Nigerian government on Tuesday said the payment of N30,000 one-time grant to 330,000 artisans across the country under the…
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People & Money
Nigeria to Invest N198bn on Power Generation in 2021
The Nigerian government would invest a total of N198.28bn on various capital projects in the power sector in different parts…
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Uncategorized
Why State Govts Cannot Control Mineral Deposits – Nigerian Govt
The Nigerian government on Thursday explained why state governments cannot control the mineral deposits in their various jurisdictions. The Minister…
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People & Money
FG Launches N75 Billion “Survival Fund” Scheme for Artisans and Transporters
The Federal Government has launched a new track for the N75 billion MSME Survival Fund and Guaranteed Off-Take Stimulus Scheme.…
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