The Nigerian Government announced it is launching a policy with the World Bank to reduce desertification in Nigeria’s remediate wetlands. The policy would be called…
View More Climate Change: FG with World Bank to launch scheme to reduce desertification, environmental challengesCategory: Business
Nigeria’s budget deficit hits N30.58tn in seven years
Budget deficit has risen to at least N30.58tn in the last seven years. This is according to data from budget implementation reports for the third…
View More Nigeria’s budget deficit hits N30.58tn in seven yearsFG disburses over N66 billion to 1.258 million Nigerians under MSMEs Survival Fund
The Federal Government says that it has disbursed over N66 billion to 1.258 million Nigerians under its Micro Small and Medium Enterprises (MSMEs) Survival Fund…
View More FG disburses over N66 billion to 1.258 million Nigerians under MSMEs Survival FundBank borrowing from CBN rises 27% to N4.5tn
Amid a rising liquidity crunch, banks operating in Nigeria borrowed a whopping sum of N4.5tn from the Central Bank of Nigeria in July, an increase…
View More Bank borrowing from CBN rises 27% to N4.5tnBreaking: Kerosene hits over N800/litre, Nigerians face hard times
The price of kerosene used by several families have jumped to N800 per litre just as the market is beginning to adjust to the newly…
View More Breaking: Kerosene hits over N800/litre, Nigerians face hard timesLosses from BUACEMENT sees NGX losing N226 billion at the start of the week
The Nigerian stock exchange started the bearish, losing over N226 billion in capitalization today, attributable majorly to losses seen from the industrial sector, particularly cement producer,…
View More Losses from BUACEMENT sees NGX losing N226 billion at the start of the weekElectricity distribution companies accuse FG of shortchanging power firms, list areas of government’s failures
Electricity Distribution Companies (DisCos) have slammed the Federal Government over the recent takeover/restructuring of 5 distribution companies, claiming that the 11 Discos were shortchanged by BPE…
View More Electricity distribution companies accuse FG of shortchanging power firms, list areas of government’s failuresBlack Market Dollar To Naira Exchange Rate Today 1 August 2022
Black market dollar to naira exchange rate today 1 August 2022 can be accessed below. IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends…
View More Black Market Dollar To Naira Exchange Rate Today 1 August 2022BDC operators urge central bank to abandon offical rate as Naira continues to fall
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to abandon the official exchange rate and…
View More BDC operators urge central bank to abandon offical rate as Naira continues to fallNigerian police says security intelligence is not for public consumption
The Nigerian Police Force (NPF) has said that security intelligence is not for public consumption, noting that it detests sharing intelligence in the news or…
View More Nigerian police says security intelligence is not for public consumption