Finance
Naira drops to N707/$1 at black market
The Nigerian naira, on Wednesday, continued its downward slide to close at N707 a dollar at the parallel section of...
Nigeria’s excess crude account plunges as economy bleeds
Nigeria’s rainy day fund from oil revenue has plunged to $376,655.09 at the end of June, from $35.37m in May,...
FAAC: FG, states share N802bn
The federal, state and local governments shared N802.407 billion as federation allocation for the month of June, 2022. The decision...
How Nigerian gov’t delayed Industrial Processing Loan -AfDB official
An official of the African Development Bank (AfDB), Prof. Banji Oyelaran-Oyeyinka, has given an account of how the federal government...
90% of Abuja residents don’t pay tax – Official
The Federal Capital Territory Internal Revenue Service (FCT-IRS), on Tuesday, warned residents of the territory who do not file tax...
Naira gains against dollar at Investors, Exporters window
The Naira on Monday appreciated at the Investors and Exporters window, against the dollar, exchanging at N427.17 to the dollar....
RMAFC seeks mainstream role in PIA implementation
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has said that its role was not properly considered while enacting the...
Naira records marginal gain against dollar
The naira gained marginally against the dollar on Thursday at the Investors and Exporters’ window, exchanging at N426. The figure...
Food inflation rises to 20.60% in June
Prices of food items have maintained a steady increase as Nigeria’s food inflation figures recorded an upward move from 19.50...
DMO raises N123bn in July FG bond auction
The Debt Management Office (DMO), has disclosed that it raised N123.85 billion in its July Federal Government of Nigeria (FGN)...