• About Us
  • Best Day(s)
  • Frontier Discourse
  • Home
  • livefeed
  • Owo Massacre: Ondo govt cancels Democracy Day celebrations due to terrorist attacks
  • Policies
  • Privacy Policy
  • Terms
  • Terms and Conditions

The Pacesetter Frontier Magazine

Making a Stride in Time

Business/Economy

Suspension of Onitsha seaport: FG orders contractors to terminate rail at ports

October 15, 2021 by Editor Leave a Comment

  The South-East Shippers Association has protested the constant suspension of activities at Onitsha River Port in Anambra State.   The group said that Onitsha port is a natural deposit which Nigeria should focus on the revenue it generates rather than politics of ethnicity.   The President of Anambra State Shippers Association, Mr. Emma Akpaka, … [Read more…]

Posted in: Business/Economy, News, Politics Tagged: Onitsha, onitsha riverport, onitsha seaport

Budget deficit has risen to N20.64tn under Buhari Regime

October 11, 2021 by Editor Leave a Comment

  Budget deficit has risen to N20.64tn under the president, Major General Muhammadu Buhari (retd.), according to analysed data from the budget office.   The data covered periods from 2016 to 2020.   According to the budget office, more than N7.97tn was borrowed from foreign and domestic sources to fund these deficits.   According to … [Read more…]

Posted in: Business/Economy, News Tagged: budget deficit, Buhari

FG approves cultivation of genetically modified Maize

October 11, 2021 by Editor Leave a Comment

  The Federal Government has granted environmental approval for the evaluation and open cultivation of TELA Maize, a new variety of genetically modified maize developed by researchers at the Institute for Agricultural Research, Ahmadu Bello University, Zaria.   Approval for the cultivation of the crop was announced in a statement issued in Abuja on Sunday, … [Read more…]

Posted in: Agriculture, Business/Economy Tagged: Agriculture, genetically modified maize, Maize

The reason Why Cannabis cannot be legalised in Nigeria

October 8, 2021 by Editor Leave a Comment

  The agitation for the legalisation of Cannabis Sativa cannot succeed in Nigeria because the proliferation of illicit drugs often leads to crime, chaos and conflict, the National Drug Law Enforcement Agency has explained.   In a statement issued on Friday by the spokesperson of the NDLEA, Femi Babafemi, the Chairman/Chief Executive of the NDLEA, … [Read more…]

Posted in: Business/Economy, News Tagged: Cannabis, NDLEA

FG spends 2.89tn on debt servicing

October 8, 2021 by Editor Leave a Comment

    The Federal Government has said that it spent N2.89tn on debt servicing between January and August.   The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during the public presentation and breakdown of the highlights of the 2022 appropriation bill held in Abuja on Friday.   According to Minister, in … [Read more…]

Posted in: Business/Economy, News Tagged: debt servicing, FG

FG generates 73% of its 2021 targeted revenue.

October 8, 2021 by Editor Leave a Comment

  Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the the Federal Government has generated N3.93 trillion, being 73 per cent of its targeted N7.9 trillion revenue for 2021.   She made the disclosure on Friday in Abuja, at the Public Presentation and Breakdown of the Federal Government 2022 Appropriation Bill. … [Read more…]

Posted in: Business/Economy, News Tagged: FG, finance minister, revenue

Labour calls on FG to review Pension Act 2014 to protect the interest of workers and pensioners.

October 6, 2021 by Editor Leave a Comment

  The Nigeria Civil Service Union has called on the Federal Government to make necessary amendments to the Pension Act 2014 to protect the interest of workers and pensioners in terms of gratuity payment.   The labour union condemned in strong terms the refusal of government/employers in the public service to pay gratuity to retirees … [Read more…]

Posted in: Business/Economy, News Tagged: Labour, Pension, workers

FG squeezes Private Sector out Bonds Market

October 4, 2021 by Editor Leave a Comment

Indications have emerged that the Federal Government’s bond issues are squeezing the private sector out of the bonds market as it has raised over N4.7 trillion, far above what private sector organisations have been able to raise from the Nigerian capital market, Year-to-Date, YtD August 2021.   The private sector raised N802 billion in corporate … [Read more…]

Posted in: Business/Economy Tagged: Bonds, Bonds market, FG, Private Sector

Electricity Bill 2021: Senate passes second reading on investment barriers in power sector

September 29, 2021 by Editor Leave a Comment

  A new Senate bill meant to eliminate the current barriers hindering private sector investment in the power value chain passed second reading on the floor of the red chamber on Tuesday.   It was titled, ‘Electricity Bill 2021.’ The sponsor, Senator Gabriel Suswan, said that when passed, the proposed legislation will attract the funds … [Read more…]

Posted in: Business/Economy, News, Opinion Tagged: Electricity, electricity bills, Power sector

Oil price hits $80 per barrel

September 29, 2021 by Editor Leave a Comment

  Nigeria’s economy is in a dire strait as oil price hit $80.20 yesterday amid growing demand fuelled by a return to opening of economies around the world.   However, the development has put Nigeria at crossroads. While the country makes more revenue from oil sales, the gains appear to be filtered away through fuel … [Read more…]

Posted in: Business/Economy, Politics Tagged: Crude oil

Court declares CBN cashless policy on 6 states discriminatory and unreasonable

September 29, 2021 by Editor Leave a Comment

  A Federal High Court sitting in Awka, Anambra State, and presided over by Justice N.O. Dimgba, has ruled as discriminatory the cashless policy of the Central Bank of Nigeria on six states of the federation and the Federal Capital Territory.   The states are Anambra, Abia, Lagos, Ogun, Kano and Rivers   This followed … [Read more…]

Posted in: Business/Economy, News Tagged: cashless policy, CBN

Vehicle conveying foodstuff set ablaze by suspected delinquent Sit-at-Home enforcers

September 28, 2021 by Editor Leave a Comment

  A vehicle conveying tomatoes and vegetables was, yesterday, set ablaze by persons suspected to be enforcing IPOB’s sit-at-home order in Enugu.   The attack at Edem junction, Ibeagwa Nike, Enugu East Local Government Area, involved a truck suspected to be coming from the northern part of the country.     Sympathisers were said to … [Read more…]

Posted in: Business/Economy, News, Trends Tagged: Anarchy, IPOB, Sit at Home
« Previous 1 … 27 28 29 … 32 Next »

Copyright © 2025 The Pacesetter Frontier Magazine.

Omega WordPress Theme by ThemeHall