just in: Senate passes ₦7.441tn 2017 budget

Finally, the Senate has passed the 2017 Appropriation Bill with total budget estimates of ₦7.441 trillion. Details shortly…

FITCH AFFIRMS LAGOS STATE AT ‘B+’ WITH NEGATIVE OUTLOOK

Fitch Ratings has affirmed Lagos State's long-term foreign and Local Currency Issuer Default Ratings (IDRS) at 'B+' with negative outlook and short-term foreign currency...

GOV. UGWUANYI LAUDS FG FOR LOCATING ICT VARSITY CAMPUS IN ENUGU

Governor Ifeanyi Ugwuanyi of Enugu State has commended the Federal Government for locating one of the six campuses of the proposed ICT University in...

HOSTCOM SAYS FG HAS FULL KNOWLEDGE OF CABALS STEALING NIGERIA’S CRUDE OIL

Mike Enuh, National Chairman, Host Communities of Nigeria Producing oil Gas, HOSTCOM Wednesday disclosed that the Federal Government has full knowledge of cabals...

How Senegal’s gold rush fuels human trafficking from Nigeria

Huddled together in the corner of a dimly-lit bar in southeast Senegal while men swig beer, smoke and shout over the blaring music, Grace...

NIGERIAN IMMIGRATION TO RECRUIT 1,112 OFFICERS

Muhammad Babandede, the Comptroller General of the Nigerian Immigration Service (NIS) has concluded plans to hire 1,112 officers in its ongoing recruitment exercise. Babandede in...

ADEOSUN SAYS FG RECEIVED OVER 5,000 WHISTLE-BLOWING TIP

Kemi Adesoun, Nigeria’s Minister of Finance has revealed that the Federal Government has received over 5,000 whistleblowing tips, but only 365 were considered actionable. Adeosun,...

Ministry names board, management of Development Bank of Nigeria

The Federal Ministry of Finance yesterday unveiled members of the board and management of the newly licensed Development Bank of Nigeria (DBN). A statement by...

NIGERIA’S FEDERALLY COLLECTED REVENUE DECLINES BY 13.42 PERCENT IN MAY

Nigeria’s crude oil and non-oil income has cut its gross federally collected revenue in May by 13.42 percent to N458.42 billion. Nigeria’s crude...

NIGERIA NEEDS TO LOWER INTEREST RATE AND CUT DEBT TO BOOST GROWTH

Nigeria needs to lower its interest rate and cut domestic debt to stimulate lending for private sector investment, in order to boost growth after...