The Bureau of Public Enterprises (BPE) has reported that it generated the sum of N93.47 billion in the first and second quarters of the year 2024 from three transactions, representing 35.9 percent of the expected revenues during the period under…
By Matthew Denis The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has met with a high-level delegation from the African Development Bank (AfDB) led by Dr. Abdul Kamara, Director General for Nigeria at the AfDB.…
UBA America, the United States branch of United Bank for Africa (UBA) Plc, has reiterated its commitment to strengthening the economic and cultural ties between Africa and the United States as well as remaining at the forefront of championing economic…
The Federal Inland Revenue Service (FIRS) says it will introduce the FIRS e-Invoice, a digital solution for managing invoices, in line with the Tax Administration and Enforcement Act 2007. The Executive Chairman, FIRS, Dr Zacchaeus Adedeji, stated this on Wednesday…
…Says ‘we’ll fight poverty, not poor people’ …Declares support for Edo PDP Gov candidate Oyo State governor, ‘Seyi Makinde, on Wednesday, performed the ground-breaking ceremony for the upgrading of the Samuel Ladoke Akintola Airport, Alakia, Ibadan to international standard, noting…
The Benue State House of Assembly, on Wednesday, passed the 2024 supplementary budget of N170,894,473,135 billion. This brought the 2024 budget a total of N396,621,868,343bn. The initial approved budget by the house was N225,727,395,206.97bn. With the passed supplementary budget, the…
By Seun Ibiyemi The National Association of Aircraft Pilots and Engineers (NAAPE) has announced that the planned airport protest scheduled to be held on 18th September 2024 has been suspended. The aviation unions across the country had earlier announced their…
The Central Bank of nigeria reserves are at risk due to the petrol subsidy removal and lower crude oil earnings. As of September 12, Nigeria’s external reserves stood at $36.08 billion, according to data from the CBN. In its ‘Monetary,…
Heirs Insurance Group, Nigeria’s fastest-growing insurance Group, has announced the winners of its 2024 Essay Championship, who will be awarded N8 million scholarship. The winners were announced at a grand ceremony at the Transcorp Hilton Hotel, Abuja, as part of…
By Seun Ibiyemi Nigeria’s headline inflation rate eased to 32.15 percent in August 2024 down from the 33.40 percent recorded in July 2024, reflecting a decrease of 1.25 percentage points. The NBS said this in its Consumer Price Index (CPI)…
