Senate passes NDDC’s N1.9trn budget, increase by N44m
The Senate has increased the budget of the Niger Delta Development Agency by N44 million Naira as addition.
This addition moved the budget from N1,911,800,000,000...
FG, States, LGs Share N1.1tn May Revenue
The FAAC June 2024 meeting was chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.
A total sum of N1,143.210...
Nigeria to borrow additional N7.24 trillion in 2024 for economic revival plans
The Federal Government of Nigeria plans to borrow an extra N7.24 trillion in 2024 to support an intervention plan aimed at revitalizing the economy.
This...
‘It’s False’, Presidency Shoots Down Reports Of N105,000 Minimum Wage
The Presidency has denied reports making the rounds that the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Federal...
OPay, Moniepoint, others to resume new customer enrollments soon – CBN
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint, will resume...
FG, states, LGs share N1.2tn in May
The Federation Allocation Allocation Committee has disclosed that during the May 2024 meeting of the FAAC held in Abuja, N1.2tn from the April 2024...
‘Price Of Rice Drops Again, 50KG Bag May Sell For ₦30,000 Soon’
Residents of Ilorin, the Kwara State capital, are in a joyful mood following the recent crash in the price of rice in the state.
The...
Tinubu unveils Presidential Economic Coordination Council (FULL LIST)
President Bola Ahmed Tinubu has approved the establishment of the Presidential Economic Coordination Council, PECC, and the creation of the Economic Management Team Emergency...
Naira appreciates to N1,382/dollar, Presidency cautions speculators
The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market.
This came as...
Dollar May Exchange For N4000 At Year End -Ozekhome
Lawyer and human rights activist, Mike Ozekhome has indicated that should the Naira keep on falling against the Dollar at its current rate, it...