CBN: From January to April 2023, the FG spent $894 million to service foreign debts.
According to data supplied by the Central Bank of Nigeria (CBN), the federal government spent $894 million servicing foreign debt…
Day: May 29, 2023
Nigeria: President Tinubu, Pledges an Economic Revival.
At his inauguration on Monday, Nigeria’s new President Bola Tinubu pledged to develop the economy by at least 6% per…
The FG Hopes to Earn N7.01 billion from Train Passengers by 2025.
The Federal Government expects train passengers to generate N7.01 billion in revenue by 2025. This was stated in the recently…
House of Rep Increase the Cap on CBN Loans.
Despite opposition, the House of Representatives passed an amendment to the Central Bank of Nigeria Act, boosting the cap of…
NNPCL Subsidiary Earns N256 billion in Sales – Report
The Nigerian National Petroleum Company Retail Limited, a retail component of the NNPC Limited group, earned N255.6 billion in revenue…