FG Trains MDAs, Eyes October for 2024 Budget Submission The Federal Government (FG) through the Budget Office of the Federation, has commenced the training of personnels in Ministries, Departments and Agencies (MDAs) on the use of the Government Integrated Financial Management Information System Budget Preparation...

Reps to Probe Six MDAs Over Sale of FG Assets The Ad-hoc Committee of the House of Representatives on the disposal of public property, commenced investigation into the Federal Ministry of Water Resources over its disposal of assets belonging to 12 River Basin Development Authority...

Foreign Investors Gain $5bn Dividend – CBN The Central Bank of Nigeria has disclosed that foreign firms repatriated $5.86bn from the Nigerian economy between October 2022 and March 2023. About $5.13bn was repatriated as dividends by foreign investors. In its ‘Economic Report, First Quarter 2023,’ the apex...

Solid Minerals Earnings Rise to N814bn in 15 Years, Says NEITI The Nigeria Extractive Industries Transparency Initiative says Nigeria’s earnings from the solid minerals sector between 2007 and 2021, a period of 15 years, was N814.6bn. NEITI made this public in its latest 2021 industry report...

In One Week, Stock Investors Gain N1.08trn   The Nigerian equity market investors saw an appreciation of N1.08tn in their wealth last week. The uptick resulted from bullish trading in select stocks as investors positioned for more half-year earnings reports. Last week, the NGX All-Share grew by three...

Illegal Miners Have 30 Days To Join Cooperatives - Alake   The Minister of Solid Minerals Development, Dele Alake, has given all miners engaged in the illegal extraction of mineral resources in the country an ultimatum of 30 days to join notable mining cooperatives or face...