Budget deficits, low revenue responsible for rising debt – DMO
Budget deficits, low revenue responsible for rising debt – DMO The Debt Management Office (DMO) says decades of operating budget deficits by successive governments
Author : Editor
Subsidy: Nigeria spends N50bn daily to service the rich
Subsidy: Nigeria spends N50bn daily to service the rich The Chief Executive Officer of Connected Development, Malam Hamzat Lawal, has condemned the continued payment of
States paying outgoing govs jumbo pensions owe N3tn debt
States paying outgoing govs jumbo pensions owe N3tn debt No fewer than 18 outgoing state governors will retire into lives of luxury with generous pension
NNPCL nab 6 suspected crude oil thieves, destroy barge
NNPCL nab 6 suspected crude oil thieves, destroy barge The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has intercepted an illegal Crude Oil
Operators shun gas investments over lingering fuel subsidy
Operators shun gas investments over lingering fuel subsidy The lingering subsidy regime of the Federal Government on Premium Motor Spirit, popularly called petrol, has stalled
CBN expresses commitment to forex expansion
CBN expresses commitment to forex expansion The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the banking sector was committed to expanding
Popular actor Saint Obi dies after protracted illness
Popular actor Saint Obi dies after protracted illness Popular actor Saint Obi has reportedly died at 57. The actor breathed his last on Monday
FG: Nigeria Not Seeking Another $800m World Bank Loan
FG: Nigeria not Seeking another $800m World Bank loan The federal government has clarified that it was not seeking another $800 million loan from the
IGP orders arrest of Fela’s son for slapping policeman
IGP orders arrest of Fela’s son for slapping policeman The Inspector General of Police, IGP Alkali Baba Usman has ordered the arrest of Fela’s son,
FG airlifts 2,371 stranded Nigerians from war-torn Sudan
FG airlifts 2,371 stranded Nigerians from war-torn Sudan The Federal Government has so far evacuated 2,371 Nigerians stranded in war-torn Sudan. Dr Onimode Bandele,
