By our reporter/ The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday voted to retain the monetary policy rate (MPR), which measures interest rate, at 11.5…
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Category: Economy
Why we are proposing extension of petrol subsidy removal – FG
By our reporter/ The Federal Government on Tuesday proposed an extension of the period for the implementation of the removal of subsidy on Premium Motor Spirit (PMS), popularly known as…
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FG blinks, postpones removal petrol subsidy
By our reporter/ The federal government on Monday announced the postponement of the planned petrol subsidy removal till further notice. Zainab Ahmed, minister of finance, budget, national planning, disclosed this…
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Akwa Ibom targets N43.8bn IGR in 2022
Chidi Tony/ Akwa Ibom State internal Revenue Service said it is targeting to generate over N43.8bn as it Internally generated Revenue for the 2022 fiscal year. The executive chairman of…
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A’Ibom assembly approves another #4.7 bn loan request from Gov. Emmanuel
Chidi Tony/ The Akwa Ibom State House of Assembly has approved Governor Udom Emmanuel’s request to guarantee a loan of N4.7Billion from Zenith Bank for Mimshac Digital Automobile Assembly Plant,…
Read More A’Ibom assembly approves another #4.7 bn loan request from Gov. Emmanuel