Our reporter/ The senator representing Bauchi Central, Abdul Ningi has alleged that the 2024 budget was padded with N3 trillion in the national assembly. Ningi, who made the disclosure in…
Read More Northern senators alleges budget padded with N3trn
Category: Business
NASCON Allied Industries declares a dividend, and bonus as Profit grows by 151%
Leading food seasoning manufacturer, NASCON Allied Industries has gained more market share even as its profit after tax (PAT) rose by 151 percent to N13. 73 billion for the financial…
Read More NASCON Allied Industries declares a dividend, and bonus as Profit grows by 151%
CBN says forex inflow as remittances quadrupled to $1.3 billion in February
-CBN’s data indicates that overseas remittances rose to $1.3 billion in February, more than four times the $300 million received in January. The Central Bank of Nigeria has reported a…
Read More CBN says forex inflow as remittances quadrupled to $1.3 billion in February
Power minister threatens Discos with licence revocation over blackout
Our reporter/ The Minister of Power, Adebayo Adelabu, has threatened non-performing distribution companies (discos) with licence revocation as Nigerians suffer power outage in the country. “It is disheartening to witness…
Read More Power minister threatens Discos with licence revocation over blackout
Edun blames economic crisis on free printing of naira by Buhari’s govt
Our reporter/ The federal government on Wednesday disclosed that the free printing of naira notes for eight years, under the previous administration went into the hands of a privileged few,…
Read More Edun blames economic crisis on free printing of naira by Buhari’s govt