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Friday, March 14, 2025
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CATEGORY

Economy

BREAKING: Tinubu Proposes N6.2 Trillion Addition to 2024 Budget

President Bola Tinubu has submitted a proposal to the Senate requesting a substantial increase of N6.2 trillion to the 2024 budget. This proposal, disclosed...

FAAC Allocates N1.354 Trillion to States, LGAs for June 2024

The Federation Account Allocation Committee (FAAC) has announced the allocation of N1.354371 trillion to the three tiers of government as Federation Allocation for the...

Dangote Refinery Set to Begin Petrol Production this July, Official Affirms

Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), has confirmed that the Dangote Refinery will commence producing Premium...

Nigeria’s N24T debt normal, within limit: DMO explains

The Debt Management Office said the rise in Nigeria’s public debt stock from N97.34 trillion in December 2023 to N121.67 trillion in March was...

INFLATION: Farmers, Resident Cries Out in Oke-Ogun, Calls For Government, Stakeholder Intervention

With the current situation of things in every part of Nigeria as a whole and in ways of finding possible solutions to every confrontation...

Economic Hardship Dampens Eid al-Adha Celebrations in Osun

Reported by PrasieGod Nwafor from Osogbo As Muslims in Osun State join the global community in celebrating Eid al-Adha, also known as Ileya, the joy...

Dangote Further Crashes Diesel, Aviation Fuel Prices to N940, N980 Respectively

Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This...

FG To Set Up Commodity Board To Crash Food Prices

The federal government has announced plan to set up a Commodity Board to regulate the soaring prices of food in the country. Vice President, Kashim...

Nigerians spend $39.66bn on foreign education, medical tourism – CBN report

Nigerians spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central Bank of Nigeria data. According...

Naira May Fall to N700 Per Dollar Over Oil Theft, Low Export – NACCIMA, Economists

To stem the steady fall of the naira against the dollar, the Federal Government has been advised to as a matter of urgency put...

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