Dangote, Adenuga, Abdulsamad Rabiu, Lose $9.3bn in 2023 – Forbes The combined wealth of Aliko Dangote, Abdulsamad Rabiu and Mike Adenuga declined by $9.3 billion in 2023, according to Forbes’ Real-Time Billionaires ranking. Forbes’ wealth-tracking platform provides ongoing updates on the net worth and ranking of...

UPDATE: With N1.3tn, Defence Ministry Takes Lion Share of 2024 Budget Passed by Senate The Ministry of Defence has received the highest allocation from the 28.7 trillion naira 2024 Appropriation Bill passed by the Senate on Saturday. According to the details of the Bill made available...

N37bn Fraud: EFCC Quizes Former Humanitarian Minister, Sadiya Umar, Wednesday  The Economic and Financial Crimes Commission (EFCC) has invited former Minister of Humanitarian Affairs, Sadiya Umar-Farouq, over an ongoin probe into the N37,170,855,753.44 allegedly laundered under her watch. The huge sum was allegedly laundered through a...

How Naira Appreciated by 13%, Ends 2023 at N907/$ at Official Market   The naira, on Friday, gained against the dollar at the official foreign exchange (FX) market, known as Nigerian Autonomous Foreign Exchange Market (NAFEM). Data from FMDQ Securities, a platform that oversees foreign exchange trading...

JUST IN: N’Assembly Cuts Short Recess, to Pass 2024 Budget Today By Ozumi Abdul The National Assembly will on Saturday pass the 2024 Appropriation Bill. Both the Red and Green chambers will pass the harmonised 2024 budget as prepared by the respective committees in charge. According to a...

Despite Subsidy Removal, Nigeria's PMS Price Remains Cheapest in Africa By Zekeri Idakwo Despite recent hike in fuel price, Nigeria still has the cheapest pump price among neighbouring African countries. According to Global Petrol Prices (GPP), Nigeria is the exception, with prices at nearly half the cost...