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…promises to increase it to N1.1 trillion before end of year. Federal Government on Thursday announced the release of over N820.57  billion to Ministries, Departments and Agencies (MDAs) as capital expenditure from 2018 Budget, saying that it would soon increase it to N1.1 trillion before the...

Latest statistics released by the National Bureau of Statistics (NBS), indicate that Nigeria’s Foreign direct investment (FDI) soared by 50.75 percent between July and September 2018. The FDI increased by $269.28 million from $261.35 million to $530.63 million in the third quarter of 2018. Foreign portfolio investment (FPI) recorded the...

The Federation Account Allocation Committee (FAAC) disbursed a total of N788.139 billion to the three tiers of government for the month of October, 2018. This figure surpassed the N698.710 billion shared by the benefitting entities the previous month. Accountant General of the Federation (AGF), Mr Ahmed Idris...