Economy
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FG Asks Supreme Court To Extend Old Notes Validity After December 31
The Federal Government on Wednesday asked the Supreme Court to grant an extension of time for old naira notes to…
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Nigeria Lost N1.3trn To Waivers, Concessions — Customs Boss
The Nigeria Customs Service (NCS) has disclosed that the country lost about N1.3 trillion due to granting of waivers and…
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NNPC Restores Production of 275,000bpd Production
The Nigerian National Petroleum Company Limited (NNPCL), on Sunday, brokered a peace deal between the Management of TotalEnergies, operator of…
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Saudi Govt Pledges To Invest In Nigeria’s Refineries, Support CBN – FG
The Saudi Arabian government has promised to invest in the revamping of Nigeria’s refineries, according to the Minister of Information…
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Tinubu Launches Geospatial Digital CRVS System
President Bola Tinubu on Wednesday launched the electronic Civil Registration and Vital Statistics System (CRVS) and the Geospatial Data Repository.…
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CBN Warns Against Panic Withdrawals, Says Old Notes Remain Legal Tender
The Central Bank of Nigeria (CBN) has again assured Nigerians of sufficient naira notes in the country, and warned against…
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NASS Passes N2.17trn 2023 Supplementary Budget
The Senate and the House of Representatives, on Thursday, passed the N2.17trn 2023 Supplementary Appropriation Bill after third reading. Before…
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Reps Invite CBN Gov Over FX Ban Lifted On 43 Items
The House of Representatives is to invite the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, over the…
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FG Proposes N26.01trn 2024 Budget, Wants Passage, Signing Before Year End
The Federal Executive Council (FEC) on Monday proposed N26.01 trillion for the 2024 fiscal year for submission to the National Assembly.…
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IMF Downgrades Nigeria’s Economic Growth Forecast For Year 2023 To 2.9%
The International Monetary Fund (IMF) has downgraded Nigeria’s economic growth forecast for the year 2023 to 2.9%. This is against…
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