Thursday, July 2, 2026
FG slashes JV stake to 40% to boost revenue
The federal government has taken some steps to boost revenue receipts in the face of the state of the nation’s...
Read moreDetails2019 budget: FG may borrow more to close N102.8bn funding gap
The federal government may increase the level of borrowing this year to address the N102.8bn funding gap that has been...
Read moreDetails2019 Budget: NASS’ increase created funding gap of N102.83bn, Udoma reveals
Senator Udoma Udo Udoma, Minister of Budget and National Planning, has said that the nation’s 2019 budget has a funding...
Read moreDetailsOil mixed as trade fears weigh despite tight supply
Oil prices were mixed on Tuesday as prices were caught between concerns over global supply and fears that the U.S.-Chinese...
Read moreDetailsWe’ve not spent N2.18trn from 2018 budget, says Udoma
Udo Udoma, minister of budget and national planning, says the federal government has spent only N6.938 trillion of the 2018...
Read moreDetailsFIRS budgets N160 million for 850 drivers’ uniforms, N825 million for refreshment
The National Assembly Joint Committee has raised concern over Federal Inland Revenue Service’s (FIRS) 2019 projected estimate of non-oil revenue...
Read moreDetailsFG has approved N47bn for Nigeria Air —Sirika
The Federal Government has approved N47.43bn for the Nigeria Air project in the 2019 budget, the Minister of State for...
Read moreDetailsPort Harcourt electricity distributor threatens Calabar teaching hospital with disconnection over N60m debt overhang
…resorts to load-shedding as supply drops Port Harcourt Electricity Distribution Company (PHED), the key electric power distribution (Disco) outfit in...
Read moreDetailsNPDC, Seplat short-changed FG by $1.8bn, N8.8bn —Presidential panel
The Special Presidential Investigation Panel for the Recovery of Public Property says the Nigerian Petroleum Development Company Ltd and one...
Read moreDetailsNational Assembly ‘padded’ N578 billion projects in 2019 budget — Buhari
President Muhammadu Buhari on Monday signed the 2019 appropriation bill of N8.92 trillion into law but said adjustment of the...
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