FG revenue fell by N388bn in November – CBN
Businessam StaffDecember 24, 2019
Federally-collected revenue dipped by N388bn in November, latest statistics from the Central Bank of Nigeria have revealed. Part of
CBN imposes N2m fine, others on banks over depositors’ complaints
Businessam StaffDecember 24, 2019
Any bank that failed to acknowledge the complaints from depositors, will pay a fine of N2m, guidelines from the Central Bank of
No date yet for border reopening – FG
Businessam StaffDecember 23, 2019
The federal government had yet to decide a terminal date when the country’s border would be reopened to neighboring countries. The
FG to give out N20bn Traders Moni loan in 2020
Businessam StaffDecember 22, 2019
…to spend N2bn for TSA operations The Federal Government plans to distribute N10 billion as Trader Moni loan to petty traders
Ex-governors, deputies get paid jumbo pensions including houses, cars, medical treatments and vacation travels
Businessam StaffDecember 22, 2019
States paying former governors and their deputies jumbo pensions, including houses, vehicles, fully-paid vacation, medical insurance
FG to begin implementation of 2020 budget on Jan 1
Businessam StaffDecember 20, 2019
The federal government Thursday signified its intention to start the implementation of the 2020 Budget, which President Muhammadu
World Bank doubts Nigeria’s ability to sustain debt
Businessam StaffDecember 20, 2019
The World Bank has raised doubts over the sustainability of Nigeria’s public debt. Nigeria’s total public debt, which stood at
FG generates N4.25tn, stops 2019 capital budget releases
Businessam StaffDecember 20, 2019
The federal government has ruled out any possibility of releasing additional funds to finance the capital components of the 2019
ExxonMobil contributes N160bn to NDDC, pays N7bn tax to Akwa Ibom, says company chief
Businessam StaffDecember 19, 2019
Ben Eguzozie, in Port Harcourt
President Buhari promises adequate funding for Nigeria police
Businessam StaffDecember 19, 2019
Jacob Ajakaiye, in Kano