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Category: Business

Business Economy

National Assembly corrects errors made in N54.9 trillion 2025 budget

Iheanyi Ejiofor February 19, 2025 No Comments #National Assembly #2025 budget

-Following the adjustments, the capital allocation was put at N23.439 trillion, while the recurrent expenditure increased to N13.588 trillion. The National Assembly on Tuesday made corrections on some sectoral allocation…

Read More National Assembly corrects errors made in N54.9 trillion 2025 budget
Business Economy headline

Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world

Iheanyi Ejiofor February 19, 2025 No Comments #Dangote

Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the…

Read More Dangote’s wealth surges by almost 100% to $23.9bn, now 86th richest in the world
Business Economy headline

NBS says Nigeria’s inflation rate drops to 24.48%

Iheanyi Ejiofor February 18, 2025 No Comments #NBS #inflation

Our reporter|Nigeria’s headline inflation has dropped to 24.48% year on year in January 2025, the National Bureau of statistics said on Tuesday. This is a sharp decline from the 34.80%…

Read More NBS says Nigeria’s inflation rate drops to 24.48%
Business Economy

Cardoso urges stronger economic ties with middle east

Iheanyi Ejiofor February 18, 2025 No Comments #Cardoso #CBN #Middle east

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in the region. Speaking during…

Read More Cardoso urges stronger economic ties with middle east
Business Economy headline

FG dismisses Gambaryan’s ‘false allegations,’ says Binance offered $5m payment

Iheanyi Ejiofor February 15, 2025 No Comments #Tigran Gambaryan #Biance

The Federal Government on Friday dismissed the claims by Binance’s Head of Financial Crime, Tigran Gambaryan, who spent eight months in a Nigerian detention facility over alleged corruption. Gambaryan, a…

Read More FG dismisses Gambaryan’s ‘false allegations,’ says Binance offered $5m payment

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