NNPC Incurred N623bn Fuel Subsidy Cost In 2018

The summary of the monthly estimates of the expenditure by the Nigerian National Petroleum Corporation (NNPC) has shown that the Nigerian government incurred N623.17 billion on petroleum products supply...

Nigerian Government, MTN Settle $8.13bn Issue

Lagos, Nigeria  - Nigeria said it has resolved a dispute with Africa's largest mobile operator over $8.13 billion (6.96 billion euros) which it accused MTN of illegally repatriating to South Africa.

Bankers Warehouse demands apology from EFCC over seized $2.8m

Bankers Warehouse, the company whose officials were arrested by the Economic and Financial Crime Commission on Thursday with $2.8 million cash, said the anti-graft EFCC agency erred in intercepting the money. EFCC...

New Minimum Wage: Labour To Shut Down Nigeria January 8

Due to the lingering wage crisis between the organised labour and the Federal government of Nigeria, the Nigeria Labour Congress (NLC) has declared January 8, 2019, a national...

Osinbajo Hits Asaba, Warri To Market TraderMoni

On Friday, the Nigerian Vice President Yemi Osinbajo visited Warri and Asaba to inaugurate the TraderMoni programme as well as felicitate and enlighten traders on the government’s Enterprise and...

Farmers Boosts PMB’s Re-Election With N1.7bn

The re-election bid of President Muhammadu Buhari has received a boost as Rice Farmers Association of Nigeria and the Fertilisers Producers and Suppliers Association of Nigeria donated N1.7 billion...

Labour Rejects Technical Committee On Minimum Wage

Labour leaders have rejected Federal Government’s plan to set up another high-powered technical committee on the new national minimum wage. The leaders of the union, comprising...

Excess Crude Account Drops From $2.319bn To $631m In Three Weeks

Permanent Secretary, Ministry of Finance, Mahmoud Dutse while explaining the decline told journalists in Abuja that withdrawals were made by the Federal Government from the ECA to settle the last tranche...

NASS Members Boos Buhari As He Presents 2019 Budget.

The Nigerian President Gen. Muhammadu Buhari presents 2019 budget of the Federal republic of Nigeria to the joint section of the  National Assembly and the House of representative.

Osinbajo Jets Out To Austria, To Speak At Africa-Europe High-Level Forum

Nigeria’s Vice President, Yemi Osinbajo on Sunday night left for Austria, to participate in the Africa-Europe High Level Forum with other African and European Heads of States and Government...

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