FG plans N12tn fresh borrowing, public debt to hit N50tn by 2023

Govt borrowing plan focuses on domestic bonds, concessional external loans The Federal Government hopes to push its public debt stock to N50.22tn by 2023, with domestic debt at N28.75tn and…

Passport scarcity affects 1.5 million Nigerians in Italy —NIDO

The Nigerians in Diaspora Organisation, Europe, Italy Chapter, says about 1.5 million out of its three million registered members in Italy are affected by the scarcity of Nigerian passports. Chairman…

Review forex ban on 40 items to save naira, economists tell CBN

The Centre for the Promotion of Private Enterprise, an economic think tank, has advised the Central Bank of Nigeria to review its ban on some of the over 40 items…

N556bn crude oil lost to vandalism, others in three months – NNPC report

Nigeria lost crude oil valued at about N556bn between August and October this year due to pipeline vandalism, community interferences, sabotage of oil facilities, among others, latest industry data obtained…

Ikpeazu releases N3.5bn to workers, pensioners for Christmas

Governor of Abia State, Okezie Ikpeazu, has assured the people of the state that his administration has taken critical steps to ensure that they were able to take part in…

Air Peace: FG has changed our negative narrative about Buhari, says Igbo group

A socio-political organisation, under the aegis of Igbo Centre for Education and Cultural Advancement, on Friday said the Federal Government had changed the negative narrative of the South-East about the…

Threat of water-borne ailments rises as ‘pure water’ producers jerk price to N20

THREAT of water-borne diseases may be rising in Taraba State following the sudden hike in the price of locally-produced water popularly known as ‘pure water.’ Pure water, which was hitherto…

Omicron: UAE suspends flights from Nigeria and three other African countries over spike in COVID19 cases

The United Arab Emirates has again directed the suspension of all inbound flights for national and international carriers and transit passengers from Nigeria and three other African countries. UAE’s National…

Nigerian Economy Loses About N500billion As Twitter Ban Hits 200 Days

The Nigerian economy has lost N499.32billion to the shutdown of micro-blogging site, Twitter, since it came into effect on June 4, 2021. On June 4, the Federal Government announced the…

Twitter, Facebook, Google, Others To Now Pay Tax In Nigeria As Senate Passes Finance Bill

The Nigerian Senate yesterday passed the Finance Bill 2021, which was transmitted to the National Assembly by President Muhammadu Buhari, on December 7, 2021. According to The Nation, the passage…