Rice smuggling: Court orders CBN to freeze 45 bank accounts

Rice smuggling: Court orders CBN to freeze 45 bank accounts A Federal High Court, on Monday, in Abuja, ordered the temporary freezing of 45 bank...

FAAC Shares N619bn for FG, States, LGCs in March 2019

FAAC Shares N619bn for FG, States, LGCs in March 2019 A total of N619.857 billion has been distributed as Federal Allocation for the month of...

AGF Seeks World Bank’s Support on Economic Reforms

AGF Seeks World Bank's Support on Economic Reforms The Accountant-General of the Federation (AGF), Mr. Ahmed Idris has received the World Bank team of financial...

UAE Establishes 300MW Renewable Power Plant In Lagos

A 300MW renewable energy power plant has been establihed and ready to generate power in Lagos soon. This was revealed when the United Arab Emirate Ambassador...

FAAC Shares N462bn for May 2017

FAAC Shares N462bn for May 2017 A total of N462.359 billion has been distributed as Federal Allocation for the month of May, 2017 to the...

Otuwa Must Lead The Diversification Of Ecowas Economy – Ngige

The Minister of Labour and Employment, Sen. Chris Ngige has urged the Organisation of Trade Union of West Africa (OTUWA) to lead the vanguard for the diversification of the economy of the ECOWAS sub-region in view of the adverse effects of the global economic downturn. Sen. Ngige who spoke at the opening of the three-day Workshop of OTUWA, which opened today in Abuja, said the mono-economic base of the West African countries is largely responsible for their current economic woes.

Fashola Says 50,000 Nigerians working in 127 Construction Sites

Fashola Says 50,000 Nigerians working in 127 Construction Sites The Minister of Works, Power and Housing, Mr. Babajide Raji Fashola, has disclosed that over 50,000...

CBN Does not Use Private Chartered Flights- Spokesperson

In response to the economic downturn and the cost-cutting stance of Government, CBN Governor, Emefiele ordered the stoppage of the use of chartered flights by the Bank. Since then, neither Mr. Emefiele nor any of the Deputy Governors has used the services of private chartered flights and the CBN has not paid a kobo for private jet services.

CBN Retains MPR at 14%, Urges Quick Passage of 2018 Budget

CBN Retains MPR at 14%, Urges Quick Passage of 2018 Budget The monetary policy Committee(MPC) of the Central Bank of Nigeria(CBN) has urged the National...

FG Commends Nigeria Liquified Natural Gas Company

The Federal Government has commended the Nigeria Liquefied Natural Gas Company for having 95% of its workforce as Nigerians and presently ranked as the 4th largest in the world including the company’s ability in the last 16 years to deliver $33 billion revenue to government through the Nigerian National Petroleum Corporation (NNPC) with also payment of $13 billion straight into the Federation account.

FG Reiterates call for Investment in the Power Sector

.. says Abundant opportunities yet to be tapped  In the quest for regular reliable electricity supply nationwide, the Federal Government has called on the Corporate...

Africans Should Be Bold To Rethink Economic Ideas, Says Vp Osinbajo

Time has come for Africans to re-think some of the time-worn economic ideas and myths that have held its people and policy makers bound...

Federal Allocation: FG, States And Lgc’s Share N389.936 Billion For...

The Federal Government, State Governments and Local Government Councils have shared a total of N389,936  as Federal allocation for the month of September, 2015. A...

Ghana Reopens Nigerians’ Shops

Ghana Reopens Nigerians' Shops All the locked up shops owned by Nigerian traders in Ghana have been reopened except few ones whose owners were not...

FEDERAL ALLOCATION: F.G, States, L.G Share #299.747 Billion For...

The Federal Government, State Governments and Local Government Councils have shared a total of #299.747 Billion as Federal Allocation for the month of March, 2016.

NCS Generates ₦81bn Revenue from Customs Port Harcourt Command

NCS Generates ₦81bn Revenue from Customs Port Harcourt Command The Nigeria Customs Service (NCS), Area II Command Onne Port has generated a total revenue sum...

AGF Urges Integration Of Reform Initiatives

The Honourable Attorney General of the Federal Ministry of Justice, Abubakar Malami, SAN, has emphasised on the need to harmonize and integrate the various...

IMF Supports OAGF on Cash Management

Mr. Idris made this remark today at an interactive session between the management of the Office of the Accountant-General of the Federation (OAGF) and a team from the IMF, who were at the Treasury on Technical Assistance Mission, aimed at strengthening Cash flow forecasting and Cash Management. AGF noted that the mission has been very enriching and mutually beneficial for both the OAGF team, the IMF, saying that while the capacity and skills of the OAGF team have been enhanced in the area of cash management, cash forecasting and TSA, the IMF team on their part have equally gained a lot: learning from the unique experiences of Nigeria as a developing economy with its own challenges in the area of cash management and forecasting. Speaking further, the Accountant-General assured of the commitment and determination of the Treasury, to do all within its powers to religiously implement the recommendation and agreed timelines, promising to bring other issues to the appropriate authorities. In a remark, the leader of the IMF Technical Team, Mr. Amine Mati, a Senior Resident Economist, Africa Department, who gave a report of their activities these past ten (10) days expressed their satisfaction with the work being done by the Accountant-General and his team and urged them strengthen the Cash Management Unit.

Jonathan urges more women involvement in Nigeria’s economy

President Goodluck Ebele Jonathan has harped on the need for women empowerment, as well as involvement more women in the social-economic development of the...

FG, States And Lgs Share N418.452 Billion For May 2015

The three tiers of government in the country have shared a total of N418.452 billion federal revenue for the month of May 2015. A communiqué...

Popular News

Live Covid-19
United States 1,334,240
Cases: 1,334,240
Deaths: 79,299
Recovered: 224,633
Active: 1,030,308
Spain 262,783
Cases: 262,783
Deaths: 26,478
Recovered: 173,157
Active: 63,148
Italy 218,268
Cases: 218,268
Deaths: 30,395
Recovered: 103,031
Active: 84,842
United Kingdom 215,260
Cases: 215,260
Deaths: 31,587
Active: 183,329
Russia 198,676
Cases: 198,676
Deaths: 1,827
Recovered: 31,916
Active: 164,933
France 176,079
Cases: 176,079
Deaths: 26,230
Recovered: 55,782
Active: 94,067
Germany 171,021
Cases: 171,021
Deaths: 7,525
Recovered: 143,300
Active: 20,196
Brazil 148,670
Cases: 148,670
Deaths: 10,100
Recovered: 59,297
Active: 79,273
Turkey 137,115
Cases: 137,115
Deaths: 3,739
Recovered: 89,480
Active: 43,896
Iran 106,220
Cases: 106,220
Deaths: 6,589
Recovered: 85,064
Active: 14,567
China 82,887
Cases: 82,887
Deaths: 4,633
Recovered: 78,046
Active: 208
Canada 66,783
Cases: 66,783
Deaths: 4,628
Recovered: 30,640
Active: 31,515
India 62,769
Cases: 62,769
Deaths: 2,089
Recovered: 18,672
Active: 42,008
Peru 61,847
Cases: 61,847
Deaths: 1,714
Recovered: 19,012
Active: 41,121
Belgium 52,596
Cases: 52,596
Deaths: 8,581
Recovered: 13,411
Active: 30,604
Netherlands 42,382
Cases: 42,382
Deaths: 5,422
Active: 36,710
Saudi Arabia 37,136
Cases: 37,136
Deaths: 239
Recovered: 10,144
Active: 26,753
Mexico 31,522
Cases: 31,522
Deaths: 3,160
Recovered: 20,314
Active: 8,048
Switzerland 30,251
Cases: 30,251
Deaths: 1,830
Recovered: 26,100
Active: 2,321
Ecuador 29,071
Cases: 29,071
Deaths: 1,717
Recovered: 3,433
Active: 23,921
Pakistan 28,736
Cases: 28,736
Deaths: 636
Recovered: 7,809
Active: 20,291
Portugal 27,406
Cases: 27,406
Deaths: 1,126
Recovered: 2,499
Active: 23,781
Chile 27,219
Cases: 27,219
Deaths: 304
Recovered: 12,667
Active: 14,248
Sweden 25,921
Cases: 25,921
Deaths: 3,220
Recovered: 4,971
Active: 17,730
Ireland 22,760
Cases: 22,760
Deaths: 1,446
Recovered: 17,110
Active: 4,204
Singapore 22,460
Cases: 22,460
Deaths: 20
Recovered: 2,296
Active: 20,144
Belarus 22,052
Cases: 22,052
Deaths: 126
Recovered: 6,050
Active: 15,876
Qatar 21,331
Cases: 21,331
Deaths: 13
Recovered: 2,449
Active: 18,869
United Arab Emirates 17,417
Cases: 17,417
Deaths: 185
Recovered: 4,295
Active: 12,937
Israel 16,454
Cases: 16,454
Deaths: 247
Recovered: 11,376
Active: 4,831