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Category: Business

Business Economy headline

FG proposes N26trn as 2024 budget

Iheanyi Ejiofor October 16, 2023 No Comments

Our reporter/ The federal government is proposing N26 trillion as the 2024 budget which will be submitted to the national assembly before December 31. Atiku Bagudu, minister of planning and…

Read More FG proposes N26trn as 2024 budget
Business Economy headline

Nigeria’s inflation rate rises to 26.72%

Iheanyi Ejiofor October 16, 2023 No Comments #inflation

Our reporter/ Nigeria’s inflation rate rose to 26.72% in September 2023 amid soaring food prices and harsh economic realities occasioned by the removal of fuel subsidy in May. This was…

Read More Nigeria’s inflation rate rises to 26.72%
Business Economy headline

CBN restates commitment to boosting liquidity in FOREX Market

Iheanyi Ejiofor October 16, 2023 No Comments #CBN#Forex market

The Central Bank of Nigeria (CBN) has assured that it will continue to promote orderliness and professional conduct by all participants in the Nigerian Foreign Exchange (FOREX) Market to ensure…

Read More CBN restates commitment to boosting liquidity in FOREX Market
Business Economy headline

BIP: Dangote Sugar employs 7,000 Nigerian youth yearly    

Iheanyi Ejiofor October 16, 2023 No Comments #Dangote Sugar

…to redirect excess energy to National Grid  The Dangote Sugar Refinery (DSR) employs no fewer than 7,000 workers yearly in its Backward Integration Project (BIP) in Numan, Adamawa State. Speaking…

Read More BIP: Dangote Sugar employs 7,000 Nigerian youth yearly    
Business Economy headline

FG in talk with World Bank for $1.5bn budget support loan – Wale Edun

Iheanyi Ejiofor October 15, 2023 No Comments #Budget support loan#World Bank

Our reporter/ The federal government is at the verge of obtaining a $1.5billion budget support facility from the World Bank. The Minister of Finance and Coordinating Minister of the Economy,…

Read More FG in talk with World Bank for $1.5bn budget support loan – Wale Edun

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