Allocation to FG, states, LGs drops by N66bn
The Federation Account Allocation Committee on Wednesday allocated the sum of N635.82bn to the three tiers of government as revenue ...
Wednesday, June 10, 2026
Tag: Nigeria
Senate will pass Buhari’s $29.96bn loan request, says Lawan
Ahmad Lawan, president of the senate, on Monday, confirmed that the red chamber would approve the $29.96bn loan request of ...
Nigeria has lost $400bn to foreign havens, says Malami
Nigeria has lost over $400bn to offshore havens, said Abubakar Malami, the attorney-general of the federation and minister of justice ...
Foreign reserves drop by $558.68m in two weeks
The country’s foreign exchange reserves continued its downward trend as it dropped from $39.8bn on November 11 to $39.24bn on ...
Nigeria LNG, partners sign Train 7 gas supply agreements
The Nigeria LNG Limited (NLNG) and its joint venture partners, including the Nigerian National Petroleum Corporation (NNPC), on Friday moved ...
National Assembly transmits 2020 budget to Buhari
The National Assembly has transmitted the 2020 Appropriation Bill to the President, Major General Muhammadu Buhari (retd.) for assent. The ...
NLC gives govs Dec 31 deadline for new minimum wage implementation
The Nigeria Labour Congress (NLC) says it will not “guarantee industrial peace and harmony in states which fail to conclude ...
Ihedioha signs Imo State Hotel, Restaurant Occupancy tax law
By Dikachi Franklin, in Owerri. Governor Emeka Ihedioha of Imo State has signed into law the controversial Imo State ...
Moody’s changes Nigeria’s ratings from stable to negative
Moody’s Investors Service, one of the global credit rating agencies, Wednesday changed its outlook on Nigeria’s ratings to negative from ...
National Assembly raises own 2020 budget by N3bn
The National Assembly has raised its budget for 2020 from the N125bn to N128bn. The House of Representatives Committee on ...
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