National Youth Service Corps Members are to get N100 million interest-free loans as part of the Skills Acquisition and Entrepreneurship Development (SAED) unit of the scheme.

Indonesian Ambassador to Nigeria, Mr. Harry Purwanto, has disclosed his country’s desire to increase Crude oil import from Nigeria Indonesia.

Prof. Uche Uwaleke, a financial expert, has called on the Central Bank of Nigeria, (CBN) to sustained its intervention in the Foreign Exchange, FOREX, market, as the move is already manifesting positively in many sectors of the economy.

Minister for Power, Works and Housing, Mr. Babatunde Fashola

The Minister for Power, Works and Housing, Mr. Babatunde Fashola, has declared that the country is set to witness improvement in power supply as a result of federal government efforts in the power sector.

The Central Bank of Nigeria, CBN, has announced that Manufacturers, airlines, fuel importers and agriculture businesses will now be offered the dollars at a special market intervention.

According to a new report, fourteen States of the federation are insolvent as their Internally Generated Revenues (IGR) in 2016 were far below 10 per cent of their Federation Account Allocations (FAA) in the same year.

The Central Bank of Nigeria (CBN) has directed all exporters to strictly comply with the Foreign Exchange Manual, as it introduces Form NXP with a view to taking advantage of all exports in the push for increased foreign exchange earnings into the nation’s economy.

The Federal Government is contemplating closing its borders with neighbouring countries to stem the tide of smuggling of foreign rice into the country through land borders.

The technical audit report on the Ministry of Niger Delta Affairs has revealed that the Ministry recorded I measly 12 percent project execution from N423bn spent from inception in 2009 to 2015. The audit report which was approved by the Federal Government

Ifeanyi Ubah

The Department of State Services (DSS) has accused Ifeanyi Ubah, the owner of Capital Oil of economic sabotage, punishable by death. The DSS made this known on Tuesday, when hearing on an application challenging his continued detention commenced before Justice Yusuf Halilu of the Federal Capital Territory High Court sitting in Jabi, Abuja.