Economy
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Diaspora remittances rise 130% to $553m – CBN
The Central Bank of Nigeria, CBN, today said diaspora remittances increased year-on-year by 130 percent to $553 million in July…
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FG Reduces Debt Owed to Power Generation Companies by N205bn from N1.3tn.
The federal government announced yesterday that it has allocated N205 billion from the N1.3 trillion debt owed to Generation Companies…
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NNPC Ltd denies owing $6.8bn
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has debunked story that the company is owing $6.8b. Olufemi Soneye, the…
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FIRS to forward bill to overhaul revenue collection, regulate cryptocurrency landscape
Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji (fifth from right) with the House of Representatives Committee on…
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NCAA: FG working to make acquisition of aircraft easier for local airlines
The Nigeria Civil Aviation Authority (NCAA) says the federal government is working to make the acquisition of aircraft easier for…
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FAAN to set up magistrate courts to prosecute violators of airport rules
The Federal Aviation Authority of Nigeria (FAAN) has concluded plans to set up magistrate courts in airport premises across the…
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Lagos LGAs received highest FAAC revenue in H1 2024
Data from the Nigeria Bureau of Statistics (NBS) shows that all 774 local government areas (LGAs) across the 36 states…
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Tinubu Inaugurates 30 Hybrid Compressed Natural Gas (CNG)-Powered Buses
President Bola Tinubu on Monday in Abuja inaugurated 30 hybrid Compressed Natural Gas (CNG)-powered buses with the capacity to transport…
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CBN Reaffirms Commitment to Provide Liquidity Support to FX Markets
In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the…
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EFCC Gives us Hope”- MD, Port Harcourt Refining Company
“ The Managing Director, Port Harcourt Refining Company Limited, Mr. Ibrahim M. Onoja, has commended the Economic and Financial Crimes…
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