2024 Budget of N28.7trn ‘ll end hunger in the land, says Sen Adeola
The Chairman, Senate Committee on Appropriation, Senator Solomon Adeola (APC-Ogun West) , has assured Nigerians that the 2024 appropriation bill of N28.7trillion would put an end to hunger in the…
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Chinese Yuan weakens to 7.1002 against dollar
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 232 pips to 7.1002 against the dollar on Wednesday, according to the China Foreign Exchange Trade System.…
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As Tinubu moves to rev up economic recovery with consumer credit
By Temitope Ajayi As the new year 2024 begins with a positive outlook, Nigerians can look forward to a great and economically rewarding year as the Federal Government is set…
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Stakeholders in power sector unveils what ‘ll attract investors
……..in 2024 A cross-section of stakeholders in the electricity sector of the economy have advanced the need for stronger collaboration that would lead to new investment directions toward the rejuvenation…
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CIoD mourns its former President Ijewere
The Chartered Institute of Directors Nigeria (CIoD) has described the demise of its past president, Mr Emmanuel Ijewere, as a sad development and a big blow to the institute. Director…
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NBS confirms rise in food prices for November
The National Bureau of Statistics (NBS), says prices of beef, rice, beans, onion, tomato, and other food items increased in November. Average price of 1kg of boneless beef increased by…
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CBN warns Banks, POS operators from hoarding cash
…….or face sanctions The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop disrupting the seamless distribution of Naira notes.…
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Rice miller urges FG not to scrap Anchor Borrowers Programme
Managing Director of a rice milling company, Alhaji Aliyu Ibrahim, has urged the Federal Government not to cancel its Anchor Borrowers Programme, but to rejig it for increased efficiency. The…
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Cross River grows IGR to N3.8bn, says Chairman
The Cross River State Internal Revenue Service (CRIRS) says it has grown its monthly revenue collection from N1.9bn in May to about N2.97bn in October. The CRIRS chairman, Mr Edwin…
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FG, US hold talks on funding mining projects
On the sidelines of the Mines & Money conference holding in London, Minister of Solid Minerals Development, Dr. Oladele Alake and United States Assistant Secretary for Energy and Natural Resources…
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