Economy

In March this year, the Central Bank of Nigeria (CBN) devised a ‘Naira 4 Dollar’ scheme to make remittances through formal bank channels more convenient for our nationals in the Diaspora. With many countries now tapping...

Nigeria’s Arik Air has announced plans to reintroduce flights from Nnamdi Azikiwe Airport, Abuja to Maiduguri, the Borno State capital with effect from Monday, May 10, 2021. According to the airline, passengers traveling from Lagos can...

Nigerian workers have opposed the plan by the federal government to slash their salaries. Nigeria Labour Congress (NLC) President, Ayuba Wabba, noted that the plan was tantamount to a “mass suicide”. Wabba regretted that the government...

    The Federal Government has announced plans to review salaries of workers and number of government agencies, as parts of efforts to reduce cost of governance.   Minister of Finance, Budget and National Planning, Zainab...

Heritage Bank has fulfilled its promises to support the Nigerian Creative Industry, as millionaires emerged from the YNSPYRE product in collaboration with the Cream Platform. Over N12 million was won during the second monthly raffle draw...

BudgIT, a public finance transparency advocacy firm has uncovered no fewer than 316 duplicated capital projects worth N39.5 billion in the national budget. A report of analysis of the 2021 budget obtained by Heritage Times reveals...