Rahma Oladosu

FG Targets 21% GDP Boost with e-Governance Bill

FG Targets 21% GDP Boost with e-Governance Bill   The Federal Government has said that Nigeria’s Gross Domestic Product could receive a major boost from the digital economy, with contributions projected to rise to 21 per cent by 2030, if the...

Market Capitalisation Falls to N88.9trn Amid Sustained Bearish Run

Market Capitalisation Falls to N88.9trn Amid Sustained Bearish Run   The Nigerian Exchange closed negative on Thursday as bearish trading sentiments wiped off N438bn from investors’ wealth, dragging the equities market capitalisation to N88.9tn at the end of the day’s transactions. The...

Excess Crude Account Stands at $535,823 – AGF

Excess Crude Account Stands at $535,823 - AGF   The Accountant-General of the Federation, Shamseldeen Ogunjimi, on Thursday said Nigeria’s Excess Crude Account stood at $535,823.39 as of August. Ogunjimi disclosed this at the National Economic Council meeting chaired by Vice-President...

NEC Projects $1trn Economy by 2030 with New Road Map

NEC Projects $1trn Economy by 2030 with New Road Map   The National Economic Council (NEC) on Thursday unveiled the framework for the Renewed Hope Development Plan (2026–2030) aimed at consolidating Nigeria’s reform agenda and actualising the $1tn economy target of...

NNPC Says Prolonged Neglect Hampering Refinery Rehabilitation

NNPC Says Prolonged Neglect Hampering Refinery Rehabilitation   The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, has declared that fixing the country’s refineries under NNPC’s management has been difficult due to the neglect of...

FG Justifies Passport Fee Hike to N100,000, N200,000

FG Justifies Passport Fee Hike to N100,000, N200,000   The Federal Government, on Thursday, defended the upward review of Nigerian passport fees to N100,000 and N200,000, saying it was necessary to sustain quality, curb corruption, and ensure timely delivery of travel...
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