Africa is home to some of the world’s largest gold reserves, with several countries holding more than 100 metric tons of the precious metal. These reserves represent a significant source of wealth and potential for economic development for the...
The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August.This is contained in a communiqué issued by the FAAC at its September meeting.The communiqué...
The Plateau State Governor, Caleb Mutfwang, issued the appeal on Thursday while briefing State House Correspondents shortly after the NEC meeting at the Presidential Villa in Abuja.The National Economic Council (NEC) has said the organised labour should be patient...
Director-general of World Trade Centre, Dr Ngozi Okonjo-Iweala has called on Southeast governors to eschew bitterness, and embrace togetherness to boost the economy of the region.Okonjo-Iweala made the call yesterday when she addressed stakeholders as the keynote speaker at...
The Federal Government is planning to overhaul the nation’s tax system to shift more of the burden to wealthy citizens while cutting corporate taxes.The move — part of President Bola Tinubu’s reforms to overhaul the beleaguered economy – aims...
Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have asked their members to join the national strike billed to start October 3.NUPENG’s decision to join...
The Nigerian Export Promotion Council (NEPC), says that improved export remains the solution to the free fall of the Naira to the dollar.The Executive-Director of NEPC, Dr Ezra Yakusak, said this at a news conference heralding the Council’s second...
The continued rise in the price of crude oil at the international market has raised anxiety about a further petrol price hike in Nigeria.Reports have it that the product sold at $93.55 per barrel on Monday,The development comes in...
AN analysis of Nigeria’s public debt stock, released by the National Bureau of Statistics, has shown that each Nigerian currently owes N396,376.19 in terms of debt per capita.The NBS published that the country’s total public debt increased by 75.27...
Opeyemi Bamidele, majority leader of the senate, says the upper legislative chamber will screen Olayemi Cardoso, acting governor of the Central Bank of Nigeria (CBN), and deputy governor nominees on Tuesday. The deputy governor nominees are Emem Nnana Usoro,...
