The protracted legal tussle between the Nigerian government and the South African telecommunication company, MTN Nigeria, may have finally been laid to rest as the telecoms company, last week, paid an initial sum of N50billion to the federal government.
The payment could be an off-shot of the e [...]
Allocations to the three tiers of government have continued to drop as disbursement for the month of January 2016 witnessed a N17.4billion drop from the previous allocation.
Figures from the last Federation Accounts Allocation Committee, FAAC meeting suggest that federal, states and local gover [...]
The Central Bank of Nigeria, CBN, has allayed fears of bank customers yet to link their accounts with their Biometric Verification Number, BVN, stressing that such accounts will be considered as a ‘No Customer Initiated Debit’ accounts, until the accounts are successfully sorted out.< [...]
Immediate past governor of the Central Bank of Nigeria, CBN, Sanusi Muhammad II, has warned that the federal government was losing N100 on every dollar sold at the official rate of N200, claiming that the naira has already been devalued.
Sanusi, who is the emir of Kano, added that President Muh [...]
As the Nigerian economy continues to struggle, South African retailer, Truworths, has left the country citing import restrictions.
“We were unable to operate the stores properly any longer because we were unable to send merchandise to the stores because there’s regulation preventing [...]
The federal government's sale of N142.43 billion ($715.73 million) worth of treasury bills, auctioned last week, recorded lower yields from previous trading.
According to the Central Bank of Nigeria, CBN, the bills which range between three-months to one-year, like others, were issued [...]
Minister of Agriculture and Rural Development, Chief Audu Ogbeh, has said that the country could put the growing population into good use by increasing local production of food crops.
Ogbe suggested that Nigeria’s population which would grow up to 200 million by the year 2020 could be an [...]
Approximately two million micro traders, farmers and artisans across the country will benefit from the N500billion social protection programme, SPP, fund of the federal government in 2016.
Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, who dropped the hint while s [...]
© 2015 The Abuja Inquirer | Newspaper. Designed by G E Springfield