Tag : Federal Ministry of Finance
Airfares rises by 97% within one year – NBS
National Bureau of Statistics NBS, says the average cost of airplane tickets in Nigeria rose from N37,022.97 in November 2021 to N73,267.57 in November 2022....
Naira redesign may hamper economic activities – World Bank
The World Bank has raised alarm over the economic impact on on businesses and households as a result of the redesign of new naira notes....
CBN limits cash withdrawal to N100,000
Central Bank of Nigeria (CBN) has pegged cash withdrawal per week for an individual to N100,000 and N500,000 for corporate organisations. It also limited Individual...
NEC approves amendment to 2022 finance bill
At an extraordinary virtual meeting today, the National Economic Council (NEC) received briefings on the proposed Finance Bill 2022 and resolved to update the draft...
Buhari signs Nigeria Startup Bill into law
President Muhammadu Buhari has assented to Nigeria Startup Bill 2022. Briefing newsmen on the provisions of the new Act, the Minister of Communications and Digital...
Rivers tops overall fiscal performance ranking– BudgIT
BudgIT, a civic-tech organisation, says Rivers State topped the 2022 overall fiscal performance ranking, just as in 2020 and 2021. BudgIT’s Research and Policy Advisory...
Buhari urges ICAN to curb mismanagement
President Muhammadu Buhari has charged the Institute of Chartered Accountants of Nigeria on ways to end wasteful spending and mismanagement of government resources. President Buhari...
FG understudies South Korea smart education
Executive Secretary of UBEC, Dr. Hamid Bobboyi The Universal Basic Education Commission (UBEC) says the 37 smart schools being built by the Federal Government in...
$33m Azura power deal: Reps invite Finance Minister, others
The House of Representatives has invited the Ministers of Power, Finance and Heads of Bureau of Public Procurement as well as the Niger Delta Power...