By our reporter| Nigeria’s consumer price index (CPI), a measurement of the rate of change in prices of goods and services, has declined to 17.75% in June from 17.93 recorded…
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Category: Economy
States to start repayment of budget support loan from July – Finance Minister
The Central Bank of Nigeria (CBN) and state governors have agreed to start deductions of the budget support facility this month. Zainab Ahmed, minister of finance, budget, and national planning,…
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PIB: Senate adopts 3% allocation to host communities as Reps step down bill
By our reporter| The Senate on Thursday adopted a three percent allocation to host communities in the Petroleum Industry Bill, amidst protests by southern lawmakers at the National Assembly who…
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Zenith Bank named best commercial Bank in Nigeria
By our reporter| Zenith Bank Plc has been named Best Commercial Bank in Nigeria at the World Finance Banking Awards 2021, as published in the July edition of the World…
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NNPC failed to remit N3,87trn crude oil sales in 2015 – Senate
By our reporter| The Senate on Wednesday upbraided the Nigerian National Petroleum Corporation (NNPC) for not remitting N3.87 trillion revenue from domestic crude oil sales to the federation account from…
Read More NNPC failed to remit N3,87trn crude oil sales in 2015 – Senate