Rahma Oladosu

Governors Threatening us Over Tinubu’s Tax Reform Bills – Reps

Governors Threatening us Over Tinubu’s Tax Reform Bills - Reps   The deputy spokesman of the House of Representatives, Mr Philip Agbese, has disclosed that some governors are threatening to deny some federal lawmakers return tickets in the 2027 general election...

Brent Crude Prices Rise by 3% Following Norwegian Outage, Ukraine War

Brent Crude Prices Rise by 3% Following Norwegian Outage, Ukraine War   Oil prices climbed more than 3 per cent on Monday after crude production was halted in Norway, which added to the latest escalation of the Russia-Ukraine war. Brent crude futures...

Wike Okays N70,000 Minimum Wage for FCT Workers

Wike Okays N70,000 Minimum Wage for FCT Workers   The Minister of the Federal Capital Territory, Nyesom Wike, has approved the immediate payment of N70,000, the new minimum wage for all administration staff. This was contained in a statement signed by the...

Foreign Trade Payments in LC Drop by 146% to $434.05m

Foreign Trade Payments in LC Drop by 146% to $434.05m   Nigeria’s foreign trade payments through Letter of Credit (LC) fell by 146.5 percent year-on-year (YoY) to $434.05 million in the first nine months of 2024 (9M’24) from $1.07 billion in...

Nigeria’s Total Debt May Hit N170trn as FG Plans to Borrow Fresh N31trn

Nigeria's Total Debt May Hit N170trn as FG Plans to Borrow Fresh N31trn   The Federal Government plans to allocate a significant portion of its budget to debt servicing over the next three years, surpassing allocations for capital expenditures. This is according...

Customer Deposits in Eight Banks Now N85trn

Customer Deposits in Eight Banks Now N85trn   Customer deposits in eight Deposit Money Banks reached N85.58tn in the third quarter of 2024, a 12.2 per cent increase from the N76.26tn recorded in the same period in 2023. This was disclosed in...
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