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Crude Oil Revenue Increases by N91bn in June – FG

Crude Oil Revenue Increases by N91bn in June – FG The marginal rise in crude oil production in June 2024 increased Nigeria’s earnings from crude oil sales by about N91bn in the same month. Latest oil production data obtained from the Nigerian Upstream Petroleum Regulatory Commission,...

EXCLUSIVE: Supreme Court Ruling; Many Governors in Alleged Last-minute Devouring of LGA Funds

EXCLUSIVE: Supreme Court Ruling; Many Governors in Alleged Last-minute Devouring of LGA Funds The last may not have been heard of the Supreme Court ruling that granted autonomy to Local Government Councils recently. There are allegations that many governors are rushing to introduce all manners of...

Tinubu Seeks N6.2 Trillion Budget Expansion To 2024 Budget

The National Assembly has been presented with a request from President Bola Ahmed Tinubu to approve a staggering N6.2 trillion increase to the 2024 budget. 

BII Grants Access Bank $50 million From Loan Package To Aid SMEs

The British International Investment (BII), the UK’s development finance institution and impact investor, has just committed $50 million to Access Bank. 

Inflation Increases to 34.19% Amid Soaring Food Prices

Inflation Increases to 34.19% Amid Soaring Food Prices Nigeria’s inflation rate increased to 34.19 percent in June 2024 from 33.95 percent in May. The data is captured in the National Bureau of Statistics (NBS) in its consumer price index (CPI) report for June, released on Monday. The...

Nigeria Records 87m Bribery Cases in 2023 – NBS

Nigeria Records 87m Bribery Cases in 2023 - NBS According to the latest report from the National Bureau of Statistics (NBS), Nigeria has witnessed a significant decrease in bribery cases, with approximately 87 million bribes paid in 2023, compared to 117 million in 2019. This...