Tag Archives Finance

Obasanjo Scores Buhari Low on Foreign Direct Investment, Security
Obasanjo Scores Buhari Low on Foreign Di...

Obasanjo Scores Buhari Low on Foreign Direct Investment, Security

Former President Olusegun Obasanjo has once again rated the Muhammadu Buhari administration low on intervention security and foreign direct investment, saying that a lot is desired if the country were to impact reasonably on its citizenry. Obasanjo disclosed this at a virtual parley of former heads... read more »

Atiku Abubakar Berates Buhari Over 2021 Proposed Budget  
Atiku Abubakar Berates Buhari Over 2021 ...

Atiku Abubakar Berates Buhari Over 2021 Proposed Budget  

Former Vice president Atiku Abubakar has taken a jibe 2021 budget proposal submitted to the National Assembly by President Muhammadu Buhari on Thursday. He said the N13.08 trillion 2021 budget proposal contravened the Fiscal Responsibility Act. The flagbearer of the Peoples Democratic Party (PDP),... read more »

Okonjo-Iweala Makes Final Two in WTO Race
Okonjo-Iweala Makes Final Two in WTO Rac...

Okonjo-Iweala Makes Final Two in WTO Race

  Former Minister of Finance Ngozi Okonjo-Iweala has made it to the final stage of the race to the office of the Director General of the World Trade Organisation (WTO). Mrs. Iweala made the final cut with South Korea’s Yoo Myung-hee, Bloomberg reports. Okonjo-Iweala has experience working at... read more »

Breaking: Nigerian FEC Approves N13.08tn Budget for 2021
Breaking: Nigerian FEC Approves N13.08tn...

Breaking: Nigerian FEC Approves N13.08tn Budget for 2021

  The Nigerian Federal Executive Council (FEC) has projected a N13.08 trillion budget for the 2021 fiscal year. Speaking to State House Correspondents after the weekly virtual FEC meeting presided over by President Muhammadu Buhari, the Minister for Finance, Budget and National Planning, Mrs.... read more »

BREAKING: Buhari to Present 2021 Budget Next Week
BREAKING: Buhari to Present 2021 Budget ...

BREAKING: Buhari to Present 2021 Budget Next Week

  President Muhammadu Buhari will present the 2021 Appropriations Bill to a joint session of the National Assembly next week. Senate President, Ahmad Lawan, made the disclosure in his opening remarks to welcome Senators back from their eight- week annual vacation in Abuja.   Details... read more »

Subsidy not Sustainable with 60% Revenue Reduction, says Osinbajo

Subsidy not Sustainable with 60% Revenue Reduction, says Osinbajo

Vice President Yemi Osinbajo has said federal government can no longer afford to sustain fuel subsidy with 60 percent reduction in revenue generation. Osinbajo made the remark at a virtual... read more »

FG, Labour to Meet Thursday Over Strike Action to Protest Electricity Tariff, Fuel Price Hike

FG, Labour to Meet Thursday Over Strike Action to Protest Electricity Tariff, Fuel Price H...

The Federal Government is set to meet with the Nigeria Labour Congress (NLC), and Trade Union Congress (TUC), on Thursday in an attempt to avert the planned indefinite strike by the... read more »

CBN Disburses N3.5tr COVID-19 Intervention Cash

CBN Disburses N3.5tr COVID-19 Intervention Cash

  The Central Bank of Nigeria (CBN) says it has disbursed N3.5 trillion to various sectors of the economy to assist in cushioning the effects of the Coronavirus pandemic. The Apex bank... read more »

Photos: Public Complaints Commission Staff Embark on 7 Days Warning Strike, Stage Protest at Headquarters   

Photos: Public Complaints Commission Staff Embark on Warning Strike, Stage Protest at Head...

Staff of the Public Complaints Commission (PCC) have embarked on a 7 days warning strike to drive home their demand for payment of minimum wage. Staff members staged a protest at the... read more »

NESG vs CBN Faceoff: Prospects for SMEs

NESG Vs CBN Faceoff: Prospects for SMEs

Most Nigerians were startled and bemused by the recent revelations by the Nigerian Economic Summit Group (NESG), against Nigeria’s apex Bank, Central Bank of Nigeria. The NESG is a non-profit... read more »