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Wednesday, July 24, 2024

Economy

July 24, 2024

Senate passes Finance Act amendment bill

This followed the consideration and adoption of the Senate Committee on Finance report presented by its chairman, Sani Musa.

Senator Sani Musa
July 24, 2024

Senate passes 2024 Appropriation Act Amendment bill of N6.2 trillion

This followed the presentation and adoption of the report of the Committee on Appropriations on the bill by its chairman, Solomon Olamilekan.

Nigerian Senate
July 23, 2024

Muritala Muhammed customs generated N80.3 billion revenue in Q1 2024: Official

The area controller of MMAC, Michael Awe, said the amount doubled the N38.7 billion revenue generated in the first half of 2023.

Customs officers used to illustrate the story
July 23, 2024

Nigeria needs visionary leaders who don’t amass wealth but build industries: Femi Otedola

Mr Otedola advised the federal government to emulate other countries by supporting local industries like the Dangote Group for the country to thrive.

Femi Otedola
July 23, 2024

NAICOM boss affirms insurance sector’s commitment to grow $1trillion economy

NAICOM’s CEO, Olusegun Omosehin, said the regulator would align the industry with the president’s goal of growing the Nigerian economy to $1 trillion by 2030.

NAICOM
July 23, 2024
Alhaji Aliko Dangote
July 23, 2024

CBN again raises monetary policy rate by 50 basis points

The MPC also adjusted the asymmetric corridor to +500/-100 basis points from +100/-300.

Olayemi Cardoso
July 23, 2024

South Korean tech billionaire arrested for alleged stock manipulation

The founder of the South Korean tech company Kakao was arrested on Tuesday on charges of manipulating share prices.

Kim Beom-su
July 23, 2024

Effective institutions will drive Nigeria’s socio-economic development: BPSR

Dasuki Arabi, the director-general of the BPSR, says that efficient and effective government institutions will drive socio-economic development.

Dasuki Arabi
July 23, 2024

N6.2 trillion supplementary budget for minimum wage, infrastructure: FG

The federal government says the proposed N6.2 trillion supplementary budgetary will be used to pay the minimum wage.

Gov. Atiku Bagudu