Nigerian Govt reveals why it’s seeking fresh $2.5bn World Bank loan
The Minister of Budget and Economic Planning, Atiku Bagudu, says the proposed 2024 supplementary budget would be partly financed with the N50 billion Presidential...
NNPCL denies fuel price hike
The Nigerian National Petroleum Company Limited, NNPCL, has assured Nigerians that there is no imminent increase in the cost of Premium Motor Spirit, PMS,...
BUA Cement reduces ex-factory cement prices to N3,500
The management of BUA Cement PLC has announced the reduction of the price of its cement to N3,500 per bag.
This was contained in a...
Nigeria customs remitted N343bn to FG in two months – CGC, Adeniyi
Nigeria Customs Service says it remitted N343 billion in revenue to the federation account in July and August 2023.
The Acting Comptroller General of Customs,...
FG eyes $20m power sector investment, targets 20,000MW in three years
Adebayo Adelabu, the Minister of Power, says the government is targeting a $20 million investment to ramp up power generation to 20,000 megawatts by...
Nigeria’s debt servicing gulped N2.34trn in six months – DMO
The Debt Management Office (DMO) says Nigeria spent N2.34 trillion on debt service within six month of 2023.
DMO disclosed this in its latest data...
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