Non-Oil Revenue Exceeds Target By 15.7

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said thatNigeria’s non-oil revenue grew to N1.15 trillion, representing 15.7 per cent above target rate in response to Federal Government’s efforts at diversifying the nation’s economy.Ahmed made this known virtually at the Institute of Directors (IoD) 2021 Annual Directors Conference which held physically and virtually on Wednesday in Abuja.The News Agency of Nigeria (NAN) reports that the two-day event is with theme: “Creating the Future: Deepening the Corporate Governance Practice through Multi-Sectoral and Multi-Generational Collaborations”……





Nigeria, Russia seal pact to foster trade ties, investment



Nigeria and Russia have sealed a pact to foster bilateral relations between both countries in the area of agriculture, oil and gas and security equipment sectors. The move was geared to close infrastructural gaps, strengthen diplomatic relations and attract foreign direct investment (FDI) while promoting bilateral economic relations at the national level to eliminate bottlenecks in the ease of doing business……





Emefiele Inaugurates N500m Youth Entrepreneurs’ Scheme

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday launched the apex bank’s N500 million Tertiary Institutions Entrepreneurship Scheme (TIES). Speaking at the launch of the scheme in Abuja, Emefiele said the intervention would create an enabling business environment that supports innovation…..



Subsidy: FG may deduct N2.4tn palliative from Federation Account, plans talks

The Federal Government may deduct at least N2.4tn from the Federation Account to fund the N5, 000 cash palliative that will be handed over to 40 million poor Nigerians after the fuel subsidy has been removed next year. This is just as The PUNCH learnt on Thursday that the list of poor Nigerians on the Federal Government’s National Social Register…..