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NDIC to Commence Sale of Assets of the Defunct Banks
Nigeria Deposit Insurance Corporation (NDIC), has said it will commence sales of assets of the defunct banks as well as...
FG Deduct N78bn from Allocations Made to States
The Federal Government deducted over N78bn from allocations made to the states for external debt servicing. According to data from...
Farmers Loses N1.3 billion and 300 hectares to Tomato Ebola
Farmers in parts of the country have reportedly lost N1.3 billion as well as 300 hectares to Tomato Ebola. The situation...
Nigeria Emerges Top for Venture Capital Investments in 2022
Nigeria has emerged as the top country for venture capital investments in 2022. According to a report by the Africa...
CBN Reveals; Currency Outside Bank Vaults Rises to N843.311
The Central Bank of Nigeria, CBN, has revealed that the currency outside the bank vaults as at the end of...
Federal Government Approves e-Customs Modernization Project
The Federal Government has approved an e-Customs modernisation project worth N142.24bn. Minister of State, Budget and National Planning, Clem Agba,...
Federal Government to Increase Excise Tax on Tobacco Products
The Federal Government says it will increase excise tax on tobacco products from 30 per cent to 50 per cent....
NRC Generates N715.09 million in Revenue
The Nigerian Railway Corporation generated N715.09 million in revenue from passengers in Q3 of 2022. According to the National Bureau...
Nigeria’s Constant Fiscal Deficit Worsens
The World Bank has revealed that Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per...
SON Reveal Number of Tyres Destroyed in Six Months
The Standard Organisation of Nigeria, SON, says it has destroyed 10 million substandard tyres in six months. A statement issued...
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