Category: Government
The International Monetary Fund (IMF) says Zimbabwe’s currency reforms are a step in the right direction but require to be further supported by market- determined interest and exchange rates to succeed. IMF Director of Communications, ...
Mr Alex Okoh, the Director-General (DG), Bureau of Public Enterprises (BPE), has inaugurated four committees to create a mechanism to address complexities and challenges hindering the growth and development of some privatised enterprises. A statement ...
The plan to establish the African Central Bank (ACB) by the African Union will likely come to fruition by 2045. Ms Naglaa Nozahie representing the Association of African Central Banks (AACB), said this while presenting ...
Mr Mohammed Sidi, Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, says that oil dealers have been cheating Nigerians of N198,500 per truck sold. Sidi said this in Abuja on Wednesday ...
The Federal Government has offered for subscription two-year and three-year savings bonds at 11.62 per cent and 12.62 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained ...
The Federal Inland Revenue Service (FIRS), said it generated N12.62 trillion revenue from tax in the last three years. FIRS said this in a document on its achievements, a copy of which was made available to ...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that Nigeria lost at least $16 billion in ten years due to non-review of the 1993 Production Sharing Contracts, (PSC), with oil companies. This was one of ...
The Association of Nigerian Licensed Customs Agents (ANLCA) says its members will not pay the registration fee demanded by the Nigerian Shippers’ Council (NSC). “The clearing agents’ registration fee initiated by the NSC negated the ...
Kenya will sell a 25-year amortised infrastructure bond to raise about 50 billion shillings (500.25 million dollars), the Central Bank of Kenya said on Friday. The apex bank said in Nairobi that the bond, which ...
The National Broadcasting Commission (NBC) has sanctioned 45 broadcast stations, including NTA, AIT, Channels and TVC News, for alleged ethical infractions in relation to the 2019 general elections. Director-General of the commission, Malam Is’haq Modibbo, ...
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