Gas Revolution: Nigeria to Fully Utilize Gas Resources to Uplift Economy – Buhari
President Muhammadu Buhari says his administration will fully utilize the enormous gas resources in the country to uplift the economy and drive industrialization.
Rising Inflation Unlikely to Prompt Monetary Policy Tightening –Experts
After 18 consecutive rise in Nigeria’s headline inflation rate, conventional wisdom dictates the monetary policy authority would tighten reins on price movement by raising interest rate.
FG to support MSMEs with $1bn syndicated loan — Trade minister
The Bank of Industry (BoI), under the supervision of the Ministry of Industry, Trade and Investment, has secured a one billion dollar syndicated loan to support Micro, Small and Medium Enterprises (MSMEs) in the country.
Kenyans voting for president, parliament in close election
About WordPressto contenNairobi on Aug. 9, 2022 Kenyans are going to the polls on Tuesday to elect a president and a new parliament,...
Nigeria Faces Revenue Risks over Weak Oil Production –Analysts
Nigeria’s fiscal slippage is expected to widen in the current amidst rising pressures on production volume. Over the years, government revenue has been driven by foreign receipts from oil export in addition to a moderate contribution from the non-oil segment.
Lagos Govt. Pays 291 Retirees N1.3bn Pension Benefits
The Lagos State Government on Tuesday said it had paid 291 retirees of the state’s Public Service N1.29 billion accrued pension rights for the month of September.
CBN’s “Naira-4-Dollar” Scheme Achieving Desired Results – Economist
An economist, Prof. Mike Obadan, says the “Naira-4-Dollar’’ scheme introduced by the CBN on March 5, 2021 to attract Foreign Exchange is achieving desired results.
U.S.govt Announces $5m grant to AFDB
U.S. govt. announces $5m grant to AfDB
Improved revenue, prioritising expenditure will reduce govt borrowings – DMO
The Debt Management Office (DMO) says government can reduce its dependence on borrowings to finance budget deficits by improving its revenue drive and prioritising expenditure.
LASG disburses N1.56bn as grants to 3,673 businesses
The Lagos State Government through the state Employment Trust Fund, says it has supported 3,673 businesses with the sum of N1.56 billion as grants.
