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Sunday, June 16, 2024

CATEGORY

Business & Economy

President Tinubu Appoints Ayodeji As New DG of BPE

President Bola Tinubu has approved the appointment of Ayodeji Gbeleyi as the Director-General of the Bureau of Public Enterprises, BPE. According to a statement by...

Nigeria’s inflation rate hits 33.95% in May – NBS

The National Bureau of Statistics, NBS, says Nigeria’s headline inflation rate increased to 33.95 per cent in May 2024. The NBS said this in its...

World Bank Approves $2.25 Billion Loan for Nigeria Amid Economic Crisis

ABUJA, Nigeria — The World Bank has approved a $2.25 billion loan for Nigeria to bolster revenue and support economic reforms that have led...

President Tinubu Appoints Tanimu Yakubu as New Director-General of Budget Office

President Bola Tinubu has approved the appointment of Mr. Tanimu Yakubu as the new Director-General of the Budget Office of the Federation. This follows...

Comoros Takes First Step Towards WTO Membership

Comoros, under the leadership of President Azali Assoumani, has taken its first step towards ratifying its imminent membership in the World Trade Organization (WTO). This...

FG Generated N1.43trn From VAT In Q1 2024 — NBS

The National Bureau of Statistics, NBS, said the aggregate Value Added Tax, VAT, stood at N1.43 trillion in Q1 2024. This is according to the...

FG, States, LGs Share N1.143trn For May

The Federation Accounts Allocation Committee, FAAC, on Monday shared N1.143 trillion among the federal government, states and local government councils for May. The revenue was...

SERAP Sues FG Over Failure To Account For Loans By Ex-Presidents

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of president Bola Tinubu "over the failure to publish spending details...

FG Approves N2trn Legacy Debt Payment To GenCos

President Bola Ahmed Tinubu has approved N2trillion as legacy debt for the generation companies, following threats by gas companies to declare force majeure in...

WTO Chief Okonjo-Iweala Advocates for Azerbaijan’s Growth Through Accession and Climate Action

WTO Director-General Ngozi Okonjo-Iweala’s recent visit to Baku, Azerbaijan, marked a pivotal moment for the country’s aspirations within the global trade community and its...

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