In its June 2024 meeting, the Federation Accounts Allocation Committee (FAAC) allocated N1.143 trillion among the Federal Government, States, and…
Browsing: Economy
Nigeria’s foreign exchange reserve has rebounded to $32.8 billion, marking a positive shift after a 10-week decline that saw…
Billions of dollars’ worth of gold is smuggled out of Africa each year, much of it bound for Dubai before…
Equities fell Wednesday on lingering worries about the outlook for US interest rates, while oil prices extended their gains after…
In addressing the challenge of excess liquidity within the economy, the Federal Government has announced plans to implement targeted strategies.…
A quick glimpse reveals the following: While the Buhari administration shared allocations by way of illustration for January 2023, 1.4…
President Bola Tinubu has set up a mechanism to steer the nation towards sustainable growth and resilience. The newly established…
President Bola Tinubu has pledged an effort to curb gas flaring by significant margins, reiterating Nigeria’s commitment to implementing leading…
At the Ramadan gathering held at the Banquet Hall of the Aso Rock Villa in Abuja, President Bola Tinubu, represented…
The Central Bank of Nigeria (CBN) has allocated N100 billion worth of fertilisers to the Federal Ministry of Agriculture and…
The Central Bank of Nigeria (CBN) has pledged to recover intervention loans exceeding N10 trillion disbursed across various sectors. The…
For those venturing into the marketplace in search of basic necessities, the impact of foreign exchange fluctuations on prices has…