UPDATE: Key Fundamentals of N28.7trn 2024 Appropriation Bill Passed by Senate   The Nigerian Senate has passed the 2024 Appropriation Bill. The Senate also increased the bill by a total of N1.2tn, moving the budget from the N27.5tn submitted by President Bola Ahmed Tinubu to N28.7tn. The budget...

JUST IN: Senate Passes N28.7tn 2024 Appropriation Bill   The Nigerian Senate has passed an appropriation bill of N28.7tn for 2024. The Red Chamber passed the bill at the plenary held on Saturday. President of the Senate, Godswill Akpabio, assured that the bill will be transmitted to President...

Ondo Governor, Aiyedatiwa, Signs N395bn 2024 Budget Into Law By Ozumi Abdul Ondo State governor, Lucky Orimisan Aiyedatiwa, has signed the 2024 appropriation bill into law. Aiyedatiwa had on 21st December, 2023, presented the 2024 Budget estimates of N384b, christened Budget of Economic Resilience, to the State...

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...