FG’s Revenue Surpassed Budgetary Target – Finance Minister The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the Federal Government’s revenue for the first half of 2024 has surpassed its budgetary targets. Edun, who announced this at a press briefing...

Nigeria Raked in About $100b Diaspora Remittance in Five Years – Dabiri-Erewa Abike Dabiri-Erewa, the chairman and chief executive officer of Nigerians in Diaspora Commission said the country has raked in about $100 billion from diaspora remittances in the last five years. This is as she...

According to Adetilewa Adebajo, Chief Executive Officer of CFG Advisory, Nigeria risks going in the direction of Zimbabwe and Venezuela if inflation is not curtailed.

JUST IN: CBN Raises Interest Rate to 26.75% Amidst Inflationary Pressures   The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again increased the benchmark interest rate by 50 basis points from 26.25 per cent to 26.75 per cent. This was disclosed by...

Minimum Wage: Senate Seeks Inclusion of Domestic Servants   The Senate, yesterday, demanded the inclusion of domestic servants in the proposed N70,000 National Minimum Wage Scheme. The red chamber also justified the need for their compulsory documentation with a proposed federal agency for proper and adequate monitoring. The...

FG To Jail Defaulting Bank Executives Over Windfall Tax   The Federal Government has proposed the imprisonment of principal officers of banks who refuse to comply with the one-time windfall tax on banks’ foreign exchange profits in 2023. It also proposed a penalty of 10 per cent...