The Federal Government spent N1.25 trillion between January and May 2020 on debt servicing, the Minister…
Category: Economy
Buhari signs revised 2020 Budget
President Muhammadu Buhari has signed into law the revised N10.8 trillion budget passed by the National…
Minister says FG can no longer subsidize fuel cost
The Minister of State for Petroleum Resources, Timipre Sylva has clarified the price regulation policy of…
NDDC slams Senate Committee for budget distortion
The Acting Executive Director, Projects, Interim Management Committee, IMC, of the Niger Delta Development Commission, NDDC,…
FIRS gives more time to tax defaulters
The Federal Inland Revenue Service, FIRS, has extended the closing date of its waiver of penalty…
7 die at Warri oil plaftorm
Seven people have been killed in an explosion at Gbetiokun, OML 40, an oil platform operated…
Reps may probe NLNG withdrawals
The House of Representatives has resolved to investigate an alleged illegal withdrawal of $1.05 billion from…
FG grants debt relief to Radio,Tv houses
To cushion the effects of COVID-19 pandemic, the Federal Government has offered 60 percent debt forgiveness…
Lagos Third Mainland Bridge will close for six months
The Federal Government is set to shut the Third Mainland Bridge for six months starting from…
NNPC shakes top management cadre
The Nigerian National Petroleum Corporation has made new appointments and redeployments of its top management staff.…
