Implementing budgets through loans unsustainable — Kalu
The Deputy Speaker of the House of Representatives, Benjamin Kalu, says the system of sustaining budgets through loans by the...
Month: October 2023
First naira denominated infrastructure fund, NIDF lists on NGX
First local currency-denominated infrastructure investment trust fund in Nigeria and Sub-Saharan Africa, Nigeria Infrastructure Debt Fund (NIBF) has been listed...
Customs FOU unit A intercepts N1.8bn worth of cars, trailers of foreign rice, others
The Nigerian Customs Service, Federal Operations Unit Zone 'A' Ikeja, have intercepted cars, eight trailer loads of foreign parboiled rice...
FG’s targets N150bn Sukuk 53 road projects nationwide
In a move to accelerate infrastructure development, the federal government has unveiled plans to raise N150 billion through an Islamic...
CBN records N912bn interest income from W&Ms loans to FG in 1Q
The Central Bank of Nigeria (CBN) earned a total of N912.32 billion from interest payments in the first quarter of...
Multiple taxation discouraging investments in telecom industry—ATCON
Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) Engr. Gbenga Adebayo has said that the challenge of...
Despite difficulties path to limiting global warming narrows – IEA
Driving greenhouse gas emissions from the world’s energy sector to net zero and limiting global warming to 1.5 °C remains possible...
Nigeria’s capital importation falls to $1.03bn in Q2 2023 – NBS
In the second quarter of 2023, total capital importation into Nigeria stood at $1,030.21 billion, lower than $1,535.35 billion recorded...
IMF commits to stronger collaboration with members to address global headwinds
The International Monetary fund has said it is collaborating with 190 countries across the world to facilitate international trade, contribute...
IPMAN raises alarm over inferior petrol at filling stations
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has blamed the Nigerian Midstream and Upstream Regulatory Authority (NMDPRA) for low...
