The DNN Radio

The DNN Radio

Nigeria’s revenue shrinks by N184.2b

Revenue shared by Nigeria’s Federal, states and local governments slumped to N467.8 billion in August, N184.2 billion less than the N652 billion shared in July. Kemi Adeosun, minister of finance said the shared amount was inclusive of Value Added Tax…

CBN: Forex monthly demand jumps to N588b

The demand for foreign exchange (forex) has continued to rise despite the drop in forex earnings by the Federal Government, it was learnt yesterday. Central Bank of Nigeria (CBN) Governor Godwin Emefiele said yesterday that the average monthly import bill…

Why Nigeria performs poorly in sports – Dalung

The Minister of Youths and Sports, Solomon Dalung, has blamed Nigeria’s poor performances in sports and listed two reasons for this. They are: The inability to groom and replace aging professional athletes with younger talents. It is important that there…

Power Sector: SERAP Petitions ICC Over Missing N11trn

Socio-Rights and Accountability Project (SERAP) on Wednesday petitioned the international Criminal Court (ICC) prosecutor, Mrs Fatou Bensouda, to commence probe of the allegedly missing N11 trillion said to have been spent on Nigeria’s power sector since the administration of former…

APC launches committee on Kogi’s crisis

Chief John Odigie-Oyegun, National Chairman of the All Progressives Congress (APC), has inaugurated a seven-member reconciliation committee for the party’s Kogi chapter. According to a statement issued by Malam Bolaji Abudullahi, the APC National Publicity Secretary, the committee is chaired…