2024 Budget: FG to Spend N6.5trn on Personnel Costs
Federal Government will spend a total of N6.48 trillion (inclusive of N1.02 trillion for government enterprises (GOEs) on personnel and pension costs in the 2024 budget.
This is an increase of N576.16...
Subsidy: FG to Begin Disbursement of Grants, Loans to Businesses
As part of the Presidential Palliative Programme, the Federal Government of Nigeria has announced the kick-off of two programmes targeted at alleviating the impact of the fuel subsidy removal –...
Nigeria’s Total FX Inflows Increase by 15.6%, Hit $1.43bn in November
The Central Bank of Nigeria’s (CBN) initiatives at increasing FX supply got a huge boost as data obtained from FMDQ at the weekend, revealed that total inflows into the...
Sugar Sector can Create Jobs in Hundreds of Thousands, Save Nigeria Billions of Dollars - NSDC Boss
The Executive Secretary, National Sugar Development Council (NSDC), Mr Kamar Bakrin, has said the nation's sugar sector has the potential to create hundreds...
In One Week, Equity Market Investors Lose N90bn
The financial services industry of the Nigerian Exchange Limited (NGX) dominated trading activities in the past week, even as investors lost N90bn at the close of trading despite bullish sentiments.
The financial services...
Federal Allocations to NASS, Six Agencies Rise By 40% to N1.4trn
Federal allocations to lawmakers, judges, the Independent National Electoral Commission, and seven others is set to increase by 39.66 percent in 2024 to N1.38tn, an analysis of the 2024...
