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Food Inflation: FG to Support Farmers with 31million MT Grains in 2024

Food Inflation: FG to Support Farmers with 31million MT Grains in 2024 The federal government says the production of 31 million metric tonnes of grains in 2024 is going to combat food inflation, create jobs and reduce poverty. Minister of State for Agriculture and Food Security,...

2024 Budget: Tinubu Proposes N8.6trn for Defence, Education, Health, Others

2024 Budget: Tinubu Proposes N8.6trn for Defence, Education, Health, Others By Kabir Abdulsalam President Bola Tinubu has proposed to spend N8.61 trillion naira on some five critical areas out of the N27.5 trillion budget proposal he presented to the National Assembly on Wednesday. The sectors are defence...

Budget: Finance Ministers Defend Tinubu’s Borrowing Plan

Budget: Finance Ministers Defend Tinubu’s Borrowing Plan Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and his counterpart in the Ministry of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, yesterday, defended the borrowing plan of the President Bola Ahmed Tinubu...

NGX Recovers as Gains Rise to N133bn

NGX Recovers as Gains Rise to N133bn The stock market of the Nigerian Exchange Limited (NGX) yesterday recovered from previous session losses, as the overall market capitalization appreciated by N133 billion on renewed investor interests in Seplat Energy Plc and 20 other stocks. The NGX All-Share...

Old, New Naira Notes to Co-exist Till Further Notice – Supreme Court

Old, New Naira Notes to Co-exist Till Further Notice - Supreme Court In a ruling on Wednesday morning, a panel of the apex court ordered that the old notes remain legal tender until necessary facilities are put in place for their replacement. The Supreme Court maintained...

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn

Pensioners’ Assets in Domestic, Foreign Stocks Rise by 59.6 % to N1.5trn   The Net Asset Value, NAV, of Nigeria’s pension money in the domestic and foreign stock market rose to N1.54 trillion as at the end September 2023, 9M’23, indicating a sharp increase of about...