2024 Budget: N’Assembly Advocates more Allocation for FERMA The National Assembly has said that the Federal Road Maintenance Agency is poorly funded and has advocated increased budgetary allocation for improved roads. A statement issued in Abuja on Thursday by the agency’s Director of Communications and Public...

NNPCL Assures Crude Oil Production, Realistic Price Benchmark for 2024 Budget The Nigerian National Petroleum Company Limited has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. The Group Chief Executive Officer (GCEO) of the Company,...

2024 Budget: FG Earmarks N33.1bn For Railway Projects The federal government has earmarked N33.1bn for various railway projects across the country. The N33.1bn which is contained in the 2024 budget of the Ministry of Transportation covers several projects as listed in the budget document ERGP 13177707. The...

CBN Interest Rate on AMCON too High, Needs Review - Senate The Senate has expressed concerns over the excessive interest rate imposed on the Asset Management Corporation of Nigeria, which are deterring its operations. The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator...

FG to Launch Mortgage Scheme for Diaspora Nigerians  The Minister of Housing and Urban Development, Ahmed Dangiwa, says the mortgage scheme for Nigerians in the United Kingdom, United States and Canada will be launched in February, 2024. Dangiwa stated this ahead of the proposed launch in...

Bullish Trade: Investors Gain N215bn as NGX ASI Crosses Historic 72,000 Points The benchmark index of the Nigerian Exchange Limited, All-Share Index rose by 0.55 per cent on Wednesday at 72,299.79 points, thus crossing the 72,000 basis points for the first time in history. This was...