The Federal Government has on Tuesday in Abuja, restated its unwavering commitment to ensure improved economy through citizens oriented policies for effective development in the country. Rinsola Abiola, Senior Special Assistant to the President on Citizenship and Leadership, stated…
By Matthew Denis Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State Statistics (NBS) on Monday. This is an increase of 0.24% points…
The World Bank has expressed readiness to spend 10 million dollars for Nigerian youths to acquire the critical skills needed for employment. Dr Mistura Rufai, the World Bank Education Specialist, was speaking at a two-day Innovation Grant Facilities (IGF) Memorandum…
The Central Bank of Nigeria (CBN), has sold the sum of 122,671 million dollars to 46 authorised dealers. According to a statement issued by the apex bank’s Director in charge of Financial Markets, Dr Omolara Duke, the move is aimed…
By Matthew Denis The Chairman of Revenue Mobilisation Allocation and Fiscal Commission, RMAFC, Muhammed Bello Shehu, has called on Nigerians to seek information about the activities of government agencies and organisations for a better understanding of the workings of the…
Gov. Seyi Makinde of Oyo State has called on states to focus more on productive activities that can boost internally generated revenues. Makinde, made the call while reacting to the Supreme Court judgment that granted financial autonomy to local governments.…
By Esther Agbo Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has highlighted the financial burden the country is facing due to the N27trillion Ways and Means financing and N10.5 trillion in intervention programs, which have contributed to…
The Niger Delta Development Commission (NDDC) has proposed an aggregate expenditure of N1.911 trillion for the 2024 budget, tagged “Budget of Renewed Hope”. The Managing Director of NDDC, Mr Samuel Ogbuku, presented the budget before the House of Representatives Committee…
By Omobolaji Adekunle The Ogun II Area Command of the Nigeria Customs Service has announced that it generated N12.8 billion in revenue for the first half of 2024, representing a 51% increase from the same period last year. Comptroller Olusola…
By Sodiq Adelakun Inflation in Nigeria continued to rise for the twelfth consecutive month in December, with the headline inflation rate reaching 28.92%, up from 28.20% in November. The National Bureau of Statistics released its consumer price…
