Okechukwu Nnodim and Deborah Tolu-Kolawole The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated on Thursday. Also, ...

The Federal Government has declared Wednesday, June 28, and Thursday, June 29 as Eid-El-Kabir holidays. This was announced in a statement on Monday by the Permanent Secretary, Ministry of Interior, Oluwatoyin Akinlade. Akinlade urged Nigerians to make sacrifices for the development of the ...

The National Industrial Court, has upheld the no work no pay policy by the Federal Government in the suit filed against the Academic Staff Union of Universities (ASUU). According to the court, the no work no pay rule enforced by the Federal Government against members of ASUU who went on strike ...

By  Sami Tunji The Federal Government borrowed N6.07tn from the Central Bank of Nigeria through Ways and Means Advances in 2022, according to recent data from the apex bank. This pushed the Federal Government’s borrowing from the CBN from N17.46tn in December 2021 to N23.53tn in December ...

By  Deborah Tolu-Kolawole The Minister of State for Labour, Employment and Productivity, Mr. Festus Keyamo, SAN has said the last-minute move by the administration of Major-General Muhammadu Buhari (retd) to introduce a pay rise for the 144,766 federal civil servants under the Consolidated ...

By  Gift Habib The Chairman, Nigerians in Diaspora Commission, Abike Dabiri-Erewa, on Saturday said the Mission in Egypt was making arrangements for the payment of visa fees for stranded Nigerians at the border of the country. The Federal Government had on Friday called on relevant ...

Yinka Kolawole & Nkiru Nnorom, LAGOS The Debt Management Office, DMO, yesterday attributed Nigeria’s growing debt stock to budget deficits, continuous issuance of promissory notes and other borrowings as well as low revenue generation. On the way out of the debt quagmire, the Lagos ...

By  Temitayo Jaiyeola The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have full approvals and 54 have conditional approvals. After loan apps started harassing Nigerians, the FCCPC began a ...