Rahma Oladosu

Report: FG Allocated N8.73bn for Airport Power Infrastructure in 2024

In 2024, the Federal Government of Nigeria invested N8.73bn in airport power infrastructure, mainly to guarantee a reliable electricity supply at the new international terminal of the Nnamdi Azikiwe International Airport in Abuja. 

World Bank Increases NIN Target To 180m

The World Bank has increased the federal government's target for National Identification Numbers (NIN) issuance under the Digital Identity for Development (ID4D) project from 148 million to 180 million, reflecting their confidence in the country’s progress despite earlier setbacks. 

ABCON: Forex Reforms Can Achieve 1500/$ 

According to Aminu Gwadebe, the President of the Association of Bureau De Change of Nigeria (ABCON), has said that the 1500/$ peg in the 2025 Appropriation Bill was within reach on the back of recent foreign exchange reforms being pushed by the Central Bank of Nigeria. 

FMDQ: Naira Crashed 2.14% To $/N1,667 In November

In November 2024, the naira depreciated to an average of $/N1,667.41 which marked a 2.14 per cent decline from the $/N1,631.71 recorded in October 2024. 

Declining Ajaokuta Steel Workers to Receive N6bn for 2025 Salaries

According to the proposed 2025 budget, the Federal Government has budgeted N6.21bn for salaries of workers of the moribund Ajaokuta Steel Company for next year.

Maigatari Market: A Pillar of Economic Growth for Northern Nigeria, by Aliyu M. Jamil

Maigatari Market: A Pillar of Economic Growth for Northern Nigeria, by Aliyu M. Jamil   Maigatari Market is a powerhouse of economic activity that significantly contributes to the livelihoods of thousands of people in Northern Nigeria and beyond. With an annual revenue of...
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