Economy
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FG mulls out-of-ourt settlement with states over VAT feud
The Federal Government has hinted that it may explore an out-of-court solution to the lingering legal battle between its agency,…
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12.1m Nigerians to go hungry in December — International Report
A report released by the Food and Agriculture Organization (FOA), World Food Programme (WFP), and the United Nations Children’s Funds…
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World Bank demands debt transparency, says Nigeria, others need $429bn external finance
The World Bank has demanded debt transparency as a crucial step in countries’ development process, while it estimates that external…
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BREAKING: Senate approves Buhari’s $16bn, €1bn loan requests as Nigeria’s debts nudges higher
The Nigerian Senate has approved $16,230,077,718 and €1,020,000,000 loans requested by President Muhammadu Buhari. The upper legislative chamber also approved…
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Cost of moving goods within Nigeria more than 500% higher than in US –World Bank
The World Bank says it costs more to move goods locally in Nigeria than in the United States of America.…
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IGR: Lagos maintains lead as FCT beats Rivers, Kano, 33 others
The 36 states and the Federal Capital Territory generated N849.123billion as Internally Generated Revenue (IGR) in 2021 compared to N612.87billion…
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Oronsaye Report: FG set to scrap 16,138 parastatals, merge 52 agencies
The Federal Government is set to scrap some government’s parastatal agencies, commissions and merge others, New Telegraph learnt last night.…
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Court stops FG from deducting $418m from State Govts’ accounts
A Federal High Court in Abuja on Friday stopped the Federal Government from executing its plan to deduct $418million from…
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Abandoning dilapidated schools, health centres to build new ones not good governance – Gov AbdulRazaq
Good governance is about catering to the need of the masses by putting dilapidated public infrastructures in good shape while…
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Nigeria’s indebtedness to China jumps to $3.121bn, the World Bank reveals
The World Bank has released a document revealing the total amount of money the Nigeria owes the Chinese government. As…
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