Nigeria’s government plans to convert at least 20 trillion naira ($45.4 billion) of loans taken from the central bank to 40-year bonds, the first time it’s resorted to such a…
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Category: Economy
FG reverses 10% tariff increases on data, voice services
Our reporter| The Nigerian Communications (NCC) on Wednesday ordered the reversal of the implementation of the newly approved 10% hike in tariff for voice and data services. The directive was…
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Buhari signs Nigeria startups Bill into law
Our reporter| President Muhammadu Buhari on Wednesday signed Nigeria’s Startups Bills into law, activating the Nigeria Startups Act 2022. Minister of Communication and Digital Economy, Professor Isa Ali Pantami, who…
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FG provides N470bn for upward adjustment of lecturers’ salaries
Our reporter| The federal government has provided N470bn Special Fund in the 2023 budget for university revitalisation and upward adjustment of lecturers’ salaries. The Minister of Finance, Zainab Ahmed, who…
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Second Niger bridge completed, ready for use – FG
Our reporter| The federal government on Wednesday said the Second Niger Bridge linking Anambra and Delta states will soon be open for public use. Minister of Works and Housing, Babatunde…
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