By Kadiri Abdulrahman The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the external and domestic debts of the FederalContinue Reading
By Lydia Ngwakwe Money Africa has emerged winner of the Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation Programme. The News Agency of Nigeria (NAN) reports that the NSIA rewarded some Nigerian innovators with the sum of $255, 000, some part cash and some equity investments, at the NSIAContinue Reading
By Lydia Ngwakwe The Nigeria Sovereign Investment Authority (NSIA) has rewarded some Nigerian innovators with the sum of $255, 000, equity investments and other cash prizes at the NSIA Prize for Innovation. The News Agency of Nigeria (NAN) reports that the innovators were rewarded at the Prize for InnovationContinue Reading
By Lydia Ngwakwe An economist, Prof. Uche Uwaleke, has commended the International Monetary Fund (IMF) for working on a global Central Bank Digital Currency (CBDC) platform to enable transactions between countries. Uwaleke, a Professor of Finance and Capital market, Nasarawa State University, Keffi, made the commendation on Friday inContinue Reading
By Oladapo Udom The Anambra State Governor, Prof. Chukwuma Soludo, has urged indigenes living in Nigeria and abroad to work together to make the state a destination point for commercial and industrial development. Soludo said this during a town hall organised by a group under the aegis, ‘Ndi AnambraContinue Reading
By Kadiri Abdulrahman The Debt Management Office (DMO) has commended President Bola Tinubu for his economic focus on improved expenditure as a way of reducing public debt levels. The Director-General of the DMO, Patience Oniha, said this in an interview with the News Agency of Nigeria (NAN) on Friday inContinue Reading
By Vivian Emoni The Director-General of Nigeria Mining Cadastre Office (MCO), Mr Obadiah Nkom, has said the office is committed to bringing more foreign investments into the sector to generate funds in the country. Nkom said this in an interview with the News Agency of Nigeria (NAN) in Abuja onContinue Reading
By Rukayat Moisemhe The Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) has lauded the President Bola Tinubu-led administration’s tempo at addressing salient economic issues such as fuel and electricity subsidy removal. ICSAN outgoing President, Mr Gbenga Owokalade, said this at a news conference on Friday in Lagos. OwokaladeContinue Reading
By Naomi Sharang A Non-Governmental Organisation, Workers’ Alliance for Inclusive Socio-economic Reforms (WAISER), has canvassed N200,000 monthly salary as minimum wage for Nigerian workers to cushion effects of the recent fuel subsidy removal by the Federal Government. The group also proposed to government, two days of theContinue Reading
By Ruth Oketunde The Federal Capital Territory Administration (FCTA) has announced plans to harmonise revenue collection and end double taxation of residents in the Federal Capital Territory. Mr Olusade Adesola, FCT Permanent Secretary, said this at a press briefing on Wednesday in Abuja. He said that itContinue Reading
