Politics
General news on the economy and politics.
States lose N35.51 billion to bail-out
State governments have lost N35.51 billion of their allocation to the federal government over their external debt servicing
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Closure of border petrol stations : Nigeria’s fuel consumption reduces by 30%
The closure of the border petrol stations by FG has cut down the consumption of Premium Motor Spirit (PMS), known...
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Why you should be worried about the latest drop in external reserves
The CBN confirmed the external reserves stood at $39.8 billion, the first time it has dropped below $40 billion in...
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Government reviews stamp duty charge
Federal Government has reviewed the N50 stamp duty charge on electronic payments in the country following public outcry.
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Border Closure: Nigeria short of N338 billion worth of rice
Nigeria has recorded N338.6 billion shortage of rice at the Malaysian price of $421 per tonne as a result of...
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Audited Reports: CBN, FIRS, others flout Senate’s 7-day ultimatum
The CBN, FIRS and other government MDAs have flouted the 7-day ultimatum for the submission of audited reports issued by the...
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Buhari seeks speedy approval of the 2016/2018 external borrowing plan
President Muhammadu Buhari is seeking the approval of the House of Representatives on the 2016/2018 external borrowing plan.
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Revenue from petroleum resources not enough for Nigeria – Buhari
President Muhammadu Buhari has disclosed that the needs of Nigeria cannot be catered for by earnings from rich petroleum resources.
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Manufacturers lament over N5 billion loss of goods
Nigerian manufacturers have disclosed that over N5 billion had been lost in respect of imported materials waiting to enter the...
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The diaspora holds the key to improvement in Africa
The staggering revenues and the Human Capital bring to the table the value of the Diaspora to Nigeria.
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