FG cuts 2020 budget by N318bn

The Federal Government has sent a proposal to the National Assembly seeking to reduce the 2020…

COVID-19: FG seeks $3.4bn loan from IMF

The International Monetary Fund on Tuesday said its executive board would soon meet over a fresh…

COVID-19: FG approves N5,000 monthly stipend for vulnerable households

The Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development on Wednesday distributed N20,000 each…

FG relaxes lockdown in Lagos, Abuja and Ogun

The Federal Government has relaxed total lockdown it imposed on the Federal Capital Territory, Lagos and…

FG fears recession should COVID-19 pandemic persist for six months

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has warned that the Nigerian…

Economists urge CBN to reduce lending rates as MPC meets

Some finance and economic experts on Monday urged the Central Bank of Nigeria to compel the…

Group urges FG to remove fuel subsidy

Social Integrity Network (SINET) yesterday asked President Muhammadu Buhari to discontinue payment of subsidy on Premium…

Manufacturers may run out of raw materials as pandemic lingers

The Nigerian Association of Small and Medium Enterprises (NASME), has stated that the manufacturing sector is…

Oil price drops to lowest level in 16 years

The price of Brent crude, the international benchmark, tumbled on Wednesday to the lowest level in…

Inflation rate rises to 12.20%-NBS

The National Bureau of Statistics on Tuesday said that the consumer price index, which measures inflation,…

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