Exchange Rate

Akwa Ibom State Governor Udom Emmanuel on Monday presented a proposed total budget outlay of N582.115 billion for the 2022 financial year to the State House of Assembly for consideration.

Akwa Ibom governor presents N582 billion 2022 budget to assembly

1 day ago

Snake bite victims in more danger as cost of Anti-snake venom hits roof

1 week ago

FILE PHOTO - Venezuela’s President Nicolas Maduro speaks in Caracas, Venezuela June 29, 2020. Miraflores Palace-Handout via REUTERS

Venezuelan opposition urges government to resume suspended talks

1 week ago

Nigeria Naira

Naira hits all-time low at official market, trades N422 to the dollar

2 weeks ago

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN directs banks to adopt official FX rate for intra-African transactions

2 weeks ago

4. The House of Representatives yesterday, approved President Muhammadu Buhari’s request for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan.

House wants oil benchmark at US$60 per barrel

2 weeks ago

Vice President Yemi Osinbajo has said the Federal Government spent N8.9 trillion on infrastructure in 2020.

NEAF condemns VP Osinbajo over comments on President Buhari’s economic policies

2 weeks ago

The secretary to the government of the federation (SGF), Boss Mustapha, says $2.3 trillion is needed to bridge the infrastructure deficit in Nigeria over the next 22 years.

SGF: Siemens power project to start soon

2 weeks ago

Vice President Yemi Osinbajo has said the Federal Government spent N8.9 trillion on infrastructure in 2020.

VP Osinbajo not calling for Naira devaluation – aide

2 weeks ago

Nigeria Naira

Expert: Further devaluation will worsen poverty, unemployment

2 weeks ago

Northern youth leaders: 2022 budget dead on arrival if naira is further devalued

2 weeks ago

Nigeria Naira

Expert faults VP on moving naira exchange rate

2 weeks ago

Rivers: NGO harps on diversification of economy, advocates agric schemes

2 weeks ago

For the first time since the inception of his government in 2015, President Muhammadu Buhari yesterday acknowledged how much petroleum subsidy had eroded national revenues, making it impossible for the country to adequately fund its annual budget, despite significant appreciation in crude oil prices. Buhari made the revelations in Abuja while presenting a N16.39 trillion Appropriation Bill for the 2022 fiscal year to a joint session of the National Assembly.

MAN: Some 2022 budget proposals may kill manufacturing sector

2 weeks ago

President Muhammadu Buhari has stressed the commitment of the federal government to attaining food security.

President Buhari approves NEITI, others’ plan to recover unremitted funds from 77 oil firms

3 weeks ago