Yuledite: CBN Permits BDCs to Buy $25,000 Weekly to Meet Demand
The Central Bank of Nigeria (CBN) has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange Market, which was launched earlier...
2025 Budget: Debt Servicing, Salaries take N24.8tn
The Federal Government plans to spend N8.52tn (inclusive of government enterprises) on personnel and pension costs for federal workers next year, an analysis of the 2025 Appropriation Bill has shown.
This amount is an increase of N3.17tn or 59.16...
FCT-IRS Generates N252bn Revenue – Chairman
The acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Michael Ango, has disclosed that the agency generated over N252bn in 2024 as of the close of business on December 18.
The Chairman stated this at an end-of-year...
2025 Budget Scales Second Reading
The 2025 Appropriation Bill and the Bill to extend the 2024 capital component to June 30, 2025 have scaled second reading before the House of Representatives.
The two bills were passed after contributions and observations by members at the plenary on...
Dangote Reduces Petrol Price to N899 Per Litre
Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to N899.50k per litre.
This was announced in a statement, on Thursday morning.
The company said the decision was taken to “provide much-needed relief for...
2025 Budget: FG Earmarks N10.04tn for Infrastructure, Health, Education
President Bola Tinubu on Wednesday revealed that the administration is earmarking N4.06tn, N2.48tn and N3.5tn for Infrastructure, health and education respectively for the 2025 fiscal year.
This is also as defence and security will get N4.91tn.
Tinubu said...
