CBN Commits $16.9bn To Forex Market In H1, 2022   The Central Bank of Nigeria (CBN) disbursed about $16.9 billion in its foreign exchange market interventions and statutory obligations in the first half of 2022, H1’22, about 4.0 percent drop against...

NASS Probes MDAs Over N600bn Illegal Spending   The House of Representatives Committee on Public Accounts has commenced a full-scale investigation of 115 ministries, departments and agencies of the Federal Government for spending over N600bn outside their approved budgets on salaries...

Nigeria’s Bonny Light Hits $100/barrel On Russian Ban   The price of Nigeria’s Bonny Light, yesterday, surged to $100 per barrel, from $98 per barrel recorded last Monday, due mainly to speculation occasioned by the European Union, EU ban on Russian...

UK Pledges £200m For Nigeria, Others To Fight Climate Change   The Foreign Secretary of the United Kingdom, James Cleverly, has said the UK will significantly step up its bid to help African countries fight climate change by supporting the African...

Benue Govt Presents N179bn Budget To State Assembly   Benue State Governor, Samuel Ortom, on Tuesday, presented the 2023 Appropriation Bill of N179 billion to the State House of Assembly. The budget titled, ‘Budget of Consolidation and Transition’, has a recurrent expenditure...

TETFund Moves To Boost Knowledge Repository In Institutions   As part of its efforts to encourage research among students of tertiary institutions, the Tertiary Education Trust Fund (TETFund), recently announced a N15 billion support for acceleration of works on the National...