FG Expenditure Exceeds Revenue by N4.5tn– Report
The Federal Government’s expenditure exceeded its accrued revenue in the first six months of 2024, resulting in a budget deficit of N4.53tn, a new report from the budget office has indicated.
The deficit spending was driven by a 73.91...
Nigeria Exports N181.62bn Electricity in 9 months - NBS
Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS) has shown.
A breakdown showed that N58.65bn was exported to Togo, Benin and Niger Republic...
MAAUN Gets NUC Approval to Commence Medicine, Architecture and Other Academic Programmes
The Maryam Abacha American University of Nigeria (MAAUN) in Kano has celebrated a significant achievement as it received official approval from the National Universities Commission (NUC) to commence Medicine, Architecture and other Academic...
FAAC Shares N1.7trn to FG, States, LGs
The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.727 trillion to the Federal Government, State Governments, and Local Government Councils from November 2024 Federation Accounts Revenue.
Mr. Bawa Mokwa, Director of Press and Public Relations at...
Pension Fund Assets Rise to N21.92tn in October – PenCom
The National Pension Commission (PenCom) has disclosed that the total pension fund assets under the Contributory Pension Scheme have risen to N21.92tn as of October 2024, with contributions from 10.53 million registered participants.
The commission further...
Petrol Landing Cost Drops to N900/litre
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores, has seen a considerable reduction of N36, dropping to N900.28 per litre on Thursday.
According to the latest data released by the Major Energies Marketers...
