FAAC: FG, States, LGs share N1.149trn January revenue

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The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and...

VP Shettima unveils Presidential Committee for $2.5bn green economy

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The Vice President of the Federal Republic of Nigeria, His Excellency, Senator Kashim Shettima, will today at the Presidential Villa, Abuja inaugurate the committee...

FCMB launches accelerator programme for one million SMEs

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First City Monument Bank has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises in Nigeria. A statement from...

Naira depreciates to N1,465/$ in parallel market

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ABUJA - The naira yesterday depreciated to N1,465 per dollar in the parallel market from N1,445 per dollar on Tuesday. However, the naira appreciated to...

We’ll open reserves to address food costs — FG

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ABUJA — The Federal Government, yesterday, assured Nigerians that food items would be released from the National Food Reserves as part of the measures...

ALSCON privatisation dispute persists

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Those who have been keeping up with the news about the Aluminum Smelter Company of Nigeria (ALSCON) and its privatization would likely agree that...

Naira: Official Market Records Highest Rate At N1,513/$

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Despite the Central Bank of Nigeira (CBN) clearing off the verified backlog of foreign exchange claims owed foreign airlines on Tuesday, the value of...

BREAKING: First Bank Holdings appoints Otedola as board chairman

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The First Bank of Nigeria (FBN) Holdings has appointed Femi Otedola, the businessman and investor, as the new chairman of its board of directors. The...

Senate summons CBN governor as Naira hits N1,520 per dollar

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The Senate has summoned the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before it on Tuesday, February 6, 2024,...

FAAC Disburses N1.1trn December Allocation To FG, States, LG

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The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government...
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