Finance

FG’s deficit spending falls 29% to N2.83trn in Q1’24

The Federal Government  recorded a   29 percent year-on-year (YoY) decline in deficit spending to N2.83 trillion deficit in the first quarter of 2024 (Q1’24)   from N3.99 trillion recorded in same period…

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Oyo Approves More Funds for Farmers as Part of Push for Food Security

In a renewed effort to bolster food production and ensure agricultural sustainability, the Oyo State…

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Oyo Govt Earmarks 3,000 Hectares for Agro-Industrial Zone, Food Market in Ijaiye

The Oyo State Government has earmarked 3,000 hectares of land within the Ijaiye Farm Settlement…

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White House Imposes New Tariffs on Dozens of Countries, Effective 7 August

The White House has announced a new round of tariffs affecting dozens of countries, set…

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Victor Osimhen Joins Galatasaray in €75m Record-Breaking Transfer

Nigerian striker Victor Osimhen has officially completed a sensational move to Turkish giants Galatasaray from…

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2027 Election: Peter Obi’s Rhetoric Won’t Work Again — Olujimi Backs Tinubu’s Political Strength

Former Deputy Governor of Ekiti State and ex-Senate Minority Leader, Biodun Olujimi, has stated that…

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University Senior Staff Union Demands Immediate Implementation of 65-Year Retirement Age in Agricultural Colleges

The Senior Staff Association of Universities, Teaching Hospitals, Research Institutes, and Associated Institutions (SSAUTHRIAI) has…

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Just for You

Ex-Presidential Aide Imoukhuede Mourns Buhari, Hails Leadership, N-Power Legacy

The former Senior Special Assistant to the President on Job Creation and Youth Employment, Afolabi…

AAC Demands Cancellation of Lagos LG Poll, Alleges Widespread Irregularities

The African Action Congress (AAC) in Lagos State has called for the immediate cancellation of…

Remi Odunsi Rallies Support for Female APC Candidates in Ikosi-Isheri, Agboyi-Ketu, Urges Youths to Vote in Lagos Council Elections

  Ahead of Saturday’s local government elections in Lagos State, Executive Director of the Remi…

Exam Malpractices: Oyo Reiterates Ban on Meta Glasses, Phones in Schools

The Oyo State government has reaffirmed its ban on mobile phones, smart watches, including Meta…

Lasted Finance

Naira depreciates to N1,530/$ at parallel market

The Naira further depreciated to N1,530 per dollar at the parallel market on Wednesday, May 16th, 2024 in contrast to…

Forex Crisis: SEC Pledges To Cooperate With EFCC

The Securities and Exchange Commission has pledged to work with the Economic and Financial Crimes Commission in a bid to…

Nigeria records 133 investment commitments in 3 projects — World Bank

The World Bank yesterday said Nigeria recorded 133 private sector investment commitments in three projects in 2023. The World Bank disclosed…

Foreign missions using third parties for dollar transactions – EFCC

The Economic and Financial Crimes Commission on Tuesday revealed that some foreign missions in Nigeria were using third parties to…

Buy now, pay later: 1.9m Nigerians applied to join consumer credit scheme – MD

The Managing Director and Chief Executive Officer, Nigerian Consumer Credit Corporation, Uzoma Nwagba, has said that over one million Nigerians…

Tax now highest revenue source to federation – FG

The Federal Government has charged tax practitioners to work harder in getting more revenue from taxes, stressing that tax revenue…

Naira depreciates to N1,520/$ in parallel market

The Naira yesterday depreciated to N1,520 per dollar in the parallel market, from N1,470 per dollar last week Friday. Similarly,…

Bamboo launches Nigerian stocks to deepen retail capital markets

Bamboo Global Inc, an online brokerage firm, yesterday launched on its platform Nigerian stocks including blue chip corporations like Guaranty Trust…

CBN’ll retain high interest rates to tame inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has hinted that the apex bank will keep interest…

Dissecting NDIC’s Deposit Insurance coverage increase

The decision of the Interim Management Committee (IMC) of the Nigeria Deposit Insurance Corporation (NDIC) to increase the Maximum Deposit Insurance…