CBN set to pay first batch of small loan applicants. 5 Easy steps to...

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The CBN N50 billion Targeted Credit Facility (TCF) has generated a number of buzz around the country as they are set to pay the first batch of...

CBN to credit SME’s and household loan applicants within 48 hours. See details

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The Central Bank of Nigeria (CBN), earlier today posted on their twitter handle about the disbursement of the N50bn COVID-19 Targeted Credit Facility. "All...

JUST IN: FG removes fuel price cap, gives marketers freedom to fix price –...

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The Petroleum Products Pricing Regulatory Agency, PPPRA, has removed the cap on the price of Premium Motor Spirit (PMS), also known as petrol, giving marketers the freedom...

Nigeria’s crude oil reserve drops to 36.89 billion barrels

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According to TheCable, the Department of Petroleum Resources (DPR) says Nigeria’s proven natural gas reserve had become 203.16trillion cubic feet (tcf), while crude oil reserve was 36.89...

NNPC digitalises operations, commences online sale, tracking of petroleum products

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The Nigerian National Petroleum Corporation (NNPC), Wednesday, stated that it has commenced the online sales and tracking of petroleum products across the country, to ensure minimal human...

BREAKING: REPS approve Buhari’s $22.7bn in foreign loans as South East leaders kick

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The House of Representatives on Tuesday approved President Muhammadu Buhari’s request to take $22.7 billion in foreign loans. The House approved the request after...

BREAKING: Buhari seeks $5.5bn loan for COVID-19, priority projects

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According to TheCable, President Muhammadu Buhari has asked the house of representatives to approve a loan of $5.5 billion. In a letter read during...

Africa Day 2020: No development without peace, says Buhari

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President Muhammadu Buhari has called for peace on the continent as a prerequisite for sustainable development. In a message to African leaders to mark...

BREAKING: FG declares that Nigeria is headed for another recession

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Channels TV reports that the nation’s finance minister, Zainab Ahmed, says the coronavirus pandemic and falling oil prices is set to force the economy into negative growth.

Tomato Jos: Nigeria’s agric and food startup raises $4.2m to provide processing operations in...

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Tomato Jos has raised $4.2 million in a Series A round led by Goodwell Investments through Alitheia Capital, its West African partner, with participation from Acumen Capital...

Nigeria generates N338.94bn from VAT in Q1 Of 2020 —National Bureau Of Statistics

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The Nigerian Government has generated N338.94bn Value Added Tax in the first quarter of 2020, according to data from the National Bureau of Statistics.

Worry, as FG spends N679m daily on feeding schoolchildren during lockdown

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Insistence by the Federal Government to continue its homegrown school feeding programme, even when schools in the country are currently shut down due to the coronavirus pandemic,...

PHOTOS: Osinbajo meets with Economic Sustainability Committee to review draft plan ahead of submission...

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Vice President Yemi Osinbajo, yesterday, met with a group of ministers who were directed by President Muhammadu Buhari to jointly develop a comprehensive and functioning policy for...

HAPPENING NOW: US Justice Department releases $311 million Abacha loot to Nigeria. See projects...

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Punch reports that the Federal Government, on Monday, confirmed the receipt of $311m looted by the late military dictator, Gen. Sani Abacha. The Attorney...

BREAKING: U.S. lawmakers oppose the return of $381 Abacha loot for fear it will...

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According to Punch News, two members of the United States House of Representatives, Steve Chabot and Chris Smith, have expressed concern over alleged human rights violations under...

BREAKING: Goodnews as CBN stops Nigerian banks from LAYING OFF workers

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In a tweet by the CBN, it has suspended lay-offs in Banks after a special meeting on May 2nd. After this meeting, they came to the conclusions;...

Breaking: Indian workers SLAM Alhaji Aliko Dangote for exposing them to coronavirus at the...

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In a video obtained from Roots TV, a couple of Indian workers attached to the Dangote Refinery are seen calling out the Billionaire for exposing them to...

Coronavirus: Access Bank to lay off 75% of Staff

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According to Newswire Nigeria, Herbert Wigwe, the group managing director of Access Bank, has announced the the bank’s planned mass job cuts and pay cuts.

Atiku: Our sweet crude is becoming a little bitter, as he offers way forward...

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Alhaji Atiku Abubakar, a former Vice President of Nigeria and a Presidential Aspirant of the ruling PDP has written a document focused on seeing Nigeria out of...

NSITF donates N25m to fight coronavirus

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The Nigeria Social Insurance Trust Fund, on Wednesday, donated N25 million to the Presidential Task Force on COVID-19. Adebayo Somefun, the Managing Director of...

Naira to stabilize as CBN begins sale of cheaper dollar to banks

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According to Channels TV, the Central Bank of Nigeria (CBN) has resumed the provision of foreign exchange to banks to enable parents to pay for school fees...

FG demands bank account statements of Goodluck Jonathan, Patience, Diezani

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The account statements of former President Goodluck Jonathan, his wife Patience, Diezani Alison-Madueke, a former Minister of Petroleum Resources and Rilwanu Lukman as been requested by the...

BREAKING: Germany grants Nigeria N8.9bn debt relief on account of coronavirus pandemic

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According to Punch, Germany has granted Nigeria debt relief amounting to N8.9 billion (€22.4 million) on account of the coronavirus pandemic. Also, the German...

Breaking: IMF approves the sum of $3.4bn to support Nigeria’s COVID-19 battle

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Channels TV reports that the board of the International Monetary Fund (IMF) has approved the sum of $3.4 billion to support Nigeria’s COVID-19 fight.

2020 Budget: Senate approves Buhari’s request to raise fresh N850bn loan

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The Nigerian Senate has approved the N850billion loan request of President Muhammadu Buhari. The loan request is to finance projects in the 2020 budget.

BREAKING: President Buhari to address the Nation today

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The President, Major General Muhammadu Buhari (retd.), will address Nigerians at 8 pm today 27th of April, 2020. Bashir Ahmad, Personal Assistant on New...

Breaking: Hunger strikes as Kano indigenes loot trucks conveying food to shops

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A disturbing video of Kano people looting a truck of food likely conveying food to the market has surfaced as the state continues on its lockdown. In...

Breaking: More than the Great Depression, 26.4m Americans lose their jobs due to coronavirus

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According to Channels TV, job losses from the coronavirus pandemic in the United States climbed to 26.4 million, as Congress on Thursday was poised to approve a new...

China donates N48m to support Nigeria’s fight against coronavirus

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The Chinese Government has donated about forty-eight million, one hundred and twenty thousand naira to the Presidential Task Force (PTF) to support Nigeria’s fight in curbing the...

UNECA: 300,000 may die of coronavirus in Africa

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Over 300,000 Africans may lose their lives due to COVID-19, says the United Nations Economic Commission for Africa in a new report. In...

FG has paid N200bn to the power sector to improve supply, but Nigerians are...

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Mele Kyari, group managing director of the Nigerian National Petroleum Corporation (NNPC), says the federal government has paid N200 billion to the power sector towards improving electricity...

80, 000 Nigerians apply for CBNs intervention funds as hunger strikes harder

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Three weeks after the Central Bank of Nigeria released the guidelines for the N50bn targeted credit facility, over 80,000 applications have so far been received from businesses...

COVID-19 index response: See how your state is responding to Coronavirus

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Stricter and more timely responses by governments have seen to be more effective measures in curbing the spread of the deadly novel Coronavirus. This was revealed while...

Against criticisms from Buhari’s supporters, Okonjo-Iweala and Obasanjo seek debt forgiveness for Nigeria

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According to Cable, world leaders, including Olusegun Obasanjo, former president of Nigeria and Ngozi Okonjo-Iweala, former managing director of the World Bank, have asked the G-20 countries...

US blocks $320m Abacha loot because of President Buhari’s alleged arrangement to give half...

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The Nigerian government has kicked against an attempt by United States lawmaker, Senator Chuck Grassley, to block the repatriation of $320m laundered by the late Head of...

Atiku: I will privatise NNPC even if it ‘COST ME MY LIFE’

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The Presidential Candidate of PDP, Atiku Abubakar, has made clear again that he would privatise the Nigerian National Petroleum Corporation (NNPC) even if it cost him his...

Global demand for Nigeria crude oil dropped by 6.8m barrels

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The Nigerian National Petroleum Corporation (NNPC) says demand for Nigeria’s crude oil has dropped by 6.8 million barrels in March. In an interview with...

Breaking: FG cuts down almost $1bn from 2020 budget, removes some capital projects

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According to Punch the Federal Government has sent a revised budget to the National Assembly, cutting down some costs in view of the coronavirus pandemic in Nigeria.

How did you get list for poor Nigerians? National Assembly tackles FG

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National assembly leaders have faulted the federal government's Social Intervention Programme, which includes the Conditional Cash Transfer programme to poor households as one of the palliatives measures...

Coronavirus: Atiku flays FG’s plans to borrow additional $7bn from IMF, World Bank, Others

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Nigeria is seeking about $7.050 billion, an equivalent of N2.679 trillion from multilateral financial institutions to combat the impact of COVID-19 on the economy. Already,...

After sharing billions to 2.3m Nigerians, Buhari approves withdrawal of $150m from sovereign wealth...

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President Muhamadu Buhari, has given approval for the withdrawal of $150m from the Sovereign Wealth Fund for distribution to the three tiers of government.

Coronavirus: Death toll rises 63,437 worldwide

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The worldwide number of fatalities from the novel coronavirus rose to 63,437 on Saturday, according to a tally compiled by AFP at 1900 GMT from official sources.

After sharing N20,000 to 2.6m Nigerians, FG seeks approval for N500bn coronavirus intervention fund

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The Federal Government through the Ministry of Finance on Saturday reached out to the National Assembly to intimate it with an Executive Proposal to establish a N500...

Coronavirus Outbreak: For many Nigerians, life would never be the same again

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The Coronavirus outbreak has brought about some changes in the socio-economic landscape of Nigerian which will most likely alter the lives of many in the country.

FG to evacuate Nigerians abroad — with conditions

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The federal government has begun moves to bring back Nigerians who are stranded abroad amid the coronavirus pandemic. Chairman, Nigerians in Diaspora Commission (NIDCOM),...

UN chief extols Nigeria’s coronavirus response; Infers that developed world can learn

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Antonio Guterres, the United Nations Secretary-General, has commended Nigeria’s response to the coronavirus pandemic in the country. Guterres, on Thursday, singled out Nigeria...

EU evacuated over 600 Europeans from Nigeria admits flight ban

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According to PUNCH, 637 Europeans were evacuated from Nigeria and Benin Republic on Thursday. German airline, Lufthansa and Air France, were reportedly used...

Breaking: Germany donates N2.2bn to Nigeria as coronavirus aide

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As Nigeria further grapples with coronavirus outbreak in the country, the German Mission in Nigeria has pledged €5.5m to the Nigeria Humanitarian Fund,...

FG begs Elon Musk for GIVEAWAY of medical equipment on Twitter, amidst allocating N37bn...

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The Federal Ministry of Finance has come under fire for using its Twitter handle to beg US Billionaire, Elon Musk for assistance in combating the Covid-19 pandemic...

Buhari approves 70,000 tonnes of grains for the poor. Hope it’s not resold?

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President Muhammadu Buhari, has approved a total of 7,000 tonnes of grains for distribution to the poor and vulnerable amidst the 14 days lockdown directive.

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