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SGF: In three years, we spent 60% of overhead expenditure on travels, stationery

    SGF: In three years, we spent 60% of overhead expenditure on travels, stationery

Boss Mustapha, secretary to the government of the federation, says the federal government spent 60 per cent of its overhead expenditure on travels, maintenance, welfare and stationery in three years.

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DMO: Borrowing helped Nigeria recover from economic shocks

    DMO: Borrowing helped Nigeria recover from economic shocks

Patience Oniha, director-general of the Debt Management Office (DMO), says federal government relied on debt to finance over 90 percent of budget deficits.  Oniha disclosed this at a workshop on

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CBN automates forms for invisible transactions, non-commercial exports

    CBN automates forms for invisible transactions, non-commercial exports

The Central Bank of Nigeria (CBN) says it has automated Form A deployed for invisible transactions and NCX form, used for non-commercial exports on the trade monitoring system.  The apex

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CLOSE-UP: Meet Parag Agrawal, Indian-born engineer appointed CEO of Twitter

    CLOSE-UP: Meet Parag Agrawal, Indian-born engineer appointed CEO of Twitter

On Monday, Twitter announced the appointment of Parag Agrawal as the new chief executive officer (CEO), replacing Jack Dorsey. Before the appointment, Agrawal was the chief technology officer of the

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Fashola: FG constructing 44 road projects with Sukuk funds

    Fashola: FG constructing 44 road projects with Sukuk funds

Babatunde Fashola, minister of works and housing, says 44 road projects are currently funded under the Sukuk programme. Fashola said

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Kogi: World Bank commended us for transparency in audited financial statement

    Kogi: World Bank commended us for transparency in audited financial statement

The Kogi state government says its 2020 audited financial statement has been commended by the World Bank. In a statement

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AfDB postpones 2021 Africa Investment Forum over Omicron COVID-19 variant concerns

The African Development Bank (AfDB) has postponed the 2021 Africa Investment Forum until further notice over rising global travel restrictions

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Jack Dorsey steps down as Twitter CEO

    Jack Dorsey steps down as Twitter CEO

Jack Dorsey, co-founder and chief executive officer of Twitter, says he has resigned from his role at the company. Dorsey

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Shippers’ Council: We saved over $6m using port process manual in almost a year

    Shippers’ Council: We saved over $6m using port process manual in almost a year

The Nigerian Shippers’ Council says the use of the Nigerian Port Process Manual (NPPM) saved the country’s economy average vessel demurrage of

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eNaira app recorded 600,000 downloads in less than a month, says Emefiele

    eNaira app recorded 600,000 downloads in less than a month, says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the eNaira application has registered almost 600,000 downloads since

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