By Esther Agbo Multiverse Mining and Exploration Plc has forecasted N208 million in revenue for the third quarter of 2024. This projection was announced in a corporate notice submitted to the Nigeria Exchange Limited, signed by company secretaries Alabidun Bayo…
By Esther Agbo President/Chairman of the Chartered Insurance Institute of Nigeria (CIIN), Mrs. Yetunde Ilori, has urged stakeholders in the insurance sector to work together to advance the industry. This call was made during her investiture as the 52nd president/chairman…
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reaffirmed the Federal Government’s unwavering commitment to achieving a robust and transparent financial management system, even as he assured of the full implementation of the…
By Esther Agbo The House of Representatives has approved an increase in the budget for the Ministry of Housing and Urban Development to N500 billion, aiming to address the country’s housing deficit. The Chairman of the House Committee on Housing,…
By Esther Agbo The Council of Registered Builders of Nigeria (CORBON) and the Council for the Regulation of Engineering in Nigeria (COREN) have urged the government to enforce building regulations more rigorously, following a series of building collapses in the…
The Centre for Credible Leadership and Citizens Awareness (CCLCA) has condemned the rift between the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Dangote Refinery, saying it is regrettable. The coalition comprising no fewer than 100 civil rights organisations…
The Centre for the Promotion of Private Enterprise (CPPE) has commended the Central Bank of Nigeria (CBN) for a moderate interest rate hike. It also called for urgent implementation of fiscal policies to stabilise the economy. Dr Muda Yusuf, Chief…
By Seun Ibiyemi The Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, on Monday, said his main goal as the head of the authority is to reposition the organisation for increased productivity and greater efficiency for improved revenue…
…As N150bn Lagos-Calabar road project tops extra spending list …Chinese Govt funds 85% of rail project …Says CNG usage slashes fuel costs by 66% The Federal Government has assured Nigerians that the recently proposed N6.2 trillion extra-budgetary provision will be…
In the first quarter of 2024, Nigeria faced a substantial financial challenge as debt servicing consumed a staggering 74 percent of the federal government’s retained revenue, amounting to N1.31 trillion out of N1.76 trillion. This revelation comes from the Central…
