The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the month of June. Mr…
Read More FAAC shares N651.18bn to FG, states, LGs in June
Nigeria’s inflation rate rose to 12.56 per cent in June, as prices of basic food items surged, the NBS said on Friday. According to the latest report on the consumer…
Read More Inflation rises by 12.56% in June – NBS
By our reporter| The NDIC Managing Director/CE, Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim on Thursday said there is a need to closely examine enacting laws with a view to…
Read More NDIC MD calls for “Clarity in NDIC and CBN roles in proposed ammendment of BOFIA critical to effective regulation of Banks”
By our reporter| Nigeria has for the first time refined its own gold and purchased the refined product into a new gold reserve. The Central Bank of Nigeria (CBN) on…
Read More Nigeria refines own gold, starts stockpiling in reserve
Yusuf Bello| Gold mining will earn the country over $500 million annually and create 250,000 jobs, President Muhammadu Buhari said on Thursday. Presidential spokesman, Femi Adesina, in a statement, Buhari…
Read More Gold mining will earn Nigeria $500m annually, create 250,000 jobs -Buhari