Five States, FCT Attract $654.65m Foreign Investments   Five states and the Federal Capital Territory, Abuja, attracted a total of $655.4 million as capital importation in the third quarter (Q3) of 2023. Foreign investors brought in their investments only into Lagos, FCT, Abia, Ogun, Akwa-Ibom and Ekiti...

Nigeria's Capital Inflow Drops to $654.65m in Q3, Lowest in a Decade By Zekeri Idakwo Nigeria's capital importation has significantly dropped in the third quarter of 2023. According to the figure released by the National Bureau of Statistics (NBS), in the third quarter of 2023, Nigeria's capital...

NASS N197.93bn 2024 Budget more than that of Seven Universities Combined By Zekeri Idakwo The 2024 Federal Government proposed budget for the National Assembly is more than the budget of seven Universities put together. According to the recent data from the Budget Office, the National Assembly will receive...

In Nine Months, Rising Cost of Living Pushes Nigerians to Borrow N740bn from Banks The rising cost of living has pushed Nigerians to borrow about N740 billion from banks between January and September this year. An analysis of the quarterly economic reports of the Central Bank...

Ex-Minister Sadiya Farouk Reacts to Alleged N37bn Fraud   Former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouk, on Tuesday denied involvement in an alleged fraud of N37bn. Sadiya who was appointed as the pioneer minister of the Humanitarian Ministry by ex-president Muhammadu Buhari...

Implementation of 2023 Supplementary Budget Extented till March 31st, 2024 - Senate The Senate has approved the extension of implementation of the supplementary appropriation bill from 31st December 2023 to March 31st 2024. The move comes after the Leader of the Senate, Senator. Opeyemi Bamidele presented...