Truth Is Treasure
OPEC Hails Sylva's Appointment as Minister of State, Petroleum The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr Mohammad Barkindo, has congratulated Mr Timipre Sylva on his appointment as Nigeria’s Minister of State for Petroleum Resources. Barkindo disclosed this in a statement issued on Wednesday. He described the
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By Tony Obiechina, Abuja The Federation Accounts Allocation Committee (FAAC) shared a total of N769.523 billion to the three tiers of government for the month of July 2019. The N769.523 billion comprised revenue from Value Added Tax (VAT), Exchange Gain and Gross Statutory Revenue. The Committee announced in a communique at
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By Mathew Dadiya, Abuja Federal Government on Thursday, asked state governments to pay back the N614 billion given as bailout support funds from 2016 to 2017 to cushion the effect of the recession. The debt profile formed part of deliberations at the National Economic Council(NEC) meeting chaired by Vice President, Yemi
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The Minister of Aviation, Senator Hadi Sirika, has promised to work with aviation unions to advance the sector and position it to meet emerging challenges. . Sirika made the promise on Wednesday, in Abuja when he assumed office after he was inaugurated by President Muhmmadu Buhari. The minister commended the unions and
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N59.53 Bn Issued at FGN August Bond Auction - DMOBy Tony Obiechina, AbujaThe Debt Management Office (DMO) issued N59.53 billion at the August 2019 FGN Bond Auction held on Wednesday in Abuja for the three (3) Tenors offered to various investors who subscribed at the Auction.According to a statement from
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By Tony Obiechina, Abuja The Minister of State for Budget and National Planning, Mr Clement Ikanade Agba, has urged the staff of the ministry to work as a team to ensure that next 2020 Budget is ready next month.Addressing the staff shortly after assuming duty on Wednesday, the Minister disclosed
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Orders Ministers To Start Budget Preparation Immediately By Mathew Dadiya, Abuja President Muhammadu Buhari Wednesday directed all the new ministers swooned-in to liaise with the permanent secretaries of their respective ministries and commence work on the 2020 budget with immediate effect so as to get it ready before the National Assembly
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The Federal Government on Tuesday 20th August, 2019 appointed Mr Kashifu Abdullahi as the new Director General of the National Information Technology Development Agency (NITDA). Mrs Hadiza Umar, Head, Corporate Affairs and External Relations of NITDA confirmed the appointment to the News Agency of Nigeria (NAN) in Abuja. Umar quoted a statement
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By Gom Mirian, Abuja The Nigerian Government has challenged the telecommunications sectors in the country to play bigger role in economic growth and development in Africa saying the sector contributed 10 per cent to Nigeria's Gross Domestic Product (GDP) in the first quarter of 2019. This was disclosed yesterday Tuesday 20th August,
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From Udo Onyeka, Lagos Zenith Bank Plc, is impressed by its audited results for the half year ended June 30, 2019, which showed positive growth across key financial metrics. This significant growth has further reaffirmed the bank’s position as one of the leading financial institutions in Africa. As a testament to its commitment to
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