Senate commends Buhari for assenting to CAMA Bill
The Senate has commended President Muhammadu Buhari for assenting to the Companies and Allied Matters Bill passed by the National Assembly. The Senate Spokesman, Senator Ajibola...
Category: Business
Commercial banks cut down interest on deposits as loans to businesses hit N18.90tr
A Central Bank of Nigeria (CBN) report released at the weekend, indicated that the average prime and maximum lending rates rose by 0.02 per cent...
MAN okays CBN’s forex unification
The President, Manufacturers Association of Nigeria (MAN), Engr. Mansur Ahmed, has said the unification of the country’s Foreign Exchange (forex) windows by the Central Bank...
Arik Air to commence domestic flight operations
The Chief Executive Officer, Arik Air, Capt. Roy Ilegbodu, has said that the airline will commence domestic flight operations with resumption of services to four...
FCT Minister gives new directives on market operations
Minister of Federal Capital Territory (FCT), Muhammad Bello has extended the operational days of markets to seven days of the week as against the three...
Lawan urges Executive on timely presentation of 2021 budget
President of the Senate, Ahmad Lawan, on Wednesday urged the Executive arm of Government to work on the estimates for the 2021 budget to ensure...
Lawan urges Executive on timely presentation of 2021 budget
President of the Senate, Ahmad Lawan, on Tuesday urged the Executive arm of Government to work on the estimates for the 2021 budget to ensure...
Finance Minister says Buhari to sign revised 2020 budget Friday
…President to present 2021 budget in September Nigeria’s Minister of Finance, Budget and National Planning, Dr. Zainab Shamsuna Ahmed on Thursday met with the leadership...
Senate decries MDAs’N288bn debt to power firms
The Senate decries lack of financial resources in the power sector, stating that ministries, departments and agencies (MDAs) are owing Distribution Companies (Discos) over N98...
FG, States and LGCs share N547.309bn for the month of May 2020
The Federation Accounts Allocation Committee (FAAC), today at its meeting via Virtual Conferencing, chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National...
We’re ready to defend any query -AGF
The saying that goes, ‘if you don’t have anything to hide, you don’t have anything to fear’ was deduced from the response of the Accountant...
COVID-19: NCAA issues rules for international flights
The Nigerian Civil Aviation Authority (NCAA) has issued post COVID-19 protocols for Nigerian based crew operating international flights, as the country prepares for the reopening...
Buhari wants NASS approval to borrow $5.513 bn to finance revised 2020 budget
The Federal Government is seeking approval of the National Assembly to borrow a sum of $5.513 billion from external sources to finance the revised 2020...
NBC fines three stations over COVID-19 report
The National Broadcasting Commission (NBC) has sanctioned three broadcast station for infractions in their reports on COVID-19 described inappropriate.Twenty five (25) other stations were also...
FG to decontaminate 125 aircraft and 15 airports
As part of measures to curb the spread of Coronavirus (COVID-19) spread, the Federal Government said on Wednesday, that one hundred and twenty-five aircraft and...
