Friday, June 18, 2021

Economy

June 15, 2021

Rail lines not economically viable to pay back loans: Amaechi

Mr Buhari had last week said he is prioritising the building of railways because of the bad conditions of roads in the country.

Rotimi Amaechi
June 15, 2021

Despite Buhari’s claims, World Bank says 7 million Nigerians became poor in 2020

“As of April 2021, the inflation rate was the highest in four years. Food prices accounted for over 60 per cent of the total increase in inflation.”

A composite of Buhari and Chaudhuri used to illustrate the story
June 15, 2021

FG appoints 300 cash monitors for NSIP

Federal government has appointed about 300 independent cash monitors for the National Social Investment Programme (NSIP) in Bauchi.

June 14, 2021

President Suluhu-Hassan directs Bank of Tanzania to prepare for digital currency

“We don’t want to be caught unawares or find out later that our citizens are ahead of us.”

President Suluhu-Hassan and Cryptocurrency
June 14, 2021

Nigeria loses N100 billion annually to tax related corruption, says anti-graft group

Stakeholders said many actors in the information technology sector and multinational companies were in the habit of evading taxes,

June 14, 2021

DashMe: Osinbajo praises NYSC certificate forger Kemi Adeosun

Vice President Yemi Osinbajo has praised NYSC certificate forger Kemi Adeosun, Nigeria’s ex-finance minister, for her DashMe initiative.

June 13, 2021

Lagos-Ibadan train service to begin full operation on Tuesday

“The Lagos-Ibadan train services will now be available in the mornings from Tuesday.”

Lagos train station
June 13, 2021

Nigerians will lead Bitcoin market, Twitter’s Jack Dorsey proclaims

In February, the Central Bank of Nigeria ordered banks to shut down customers’ accounts used for transacting cryptocurrencies.

June 12, 2021

PENGASSAN threatens oil industry shutdown over NOV Oil’s sacked workers

PENGASSAN has threatened to shut down Nigeria’s oil and gas industry if National Oilwell Varco (NOV Oil) fails to reinstate sacked 23 workers.

PENGASSAN
June 12, 2021

IPPIS: FG suspends 331 civil servants’ salaries

The federal government says it has suspended the salaries of 331 civil servants for failing to update their Integrated Personnel and Payroll Information System (IPPIS).

President Muhammadu Buhari and Nigerian Minister of Finance Zainab Shamsuna Ahmed