Tag
ECONOMY
The Central Bank of Nigeria, over the span of ten years, allocated a mere 6.63% of the total N10.39 trillion loan disbursed to various sectors as intervention programmes, to support Micro, Small, and Medium Enterprises (MSMEs).
Hope Uzodimma, has revealed an ongoing discussion with the the President of the Africa Export Import Bank (Afreximbank).
Mr. Babatunde Fashola, a past governor of Lagos State, has recommended that the Lagos State Government lower taxes and fees to alleviate the socioeconomic difficulties faced by its citizens.
The Minister of Marine and Blue Economy, Mr Gboyega Oyetola, has state that the Federal Government requires about $1.1 billion reinvestment in the nation’s ports to renew the concession agreement.
Peter Gregory Obi, the former governor of Anambra State, has charged the Senate to provide clarity on the claim made by Senator Abdul Ningi that an extra N3.7 trillion was added to the 2024 budget.
Federal lawmaker representing Cross River North , Senator Jarigbe Agom-Jarigbe, has said that some senior senators received the total of N500 million each from the 2024 budget.
The federal has announced the temporal suspension of the Expatriate Employment Levy (EEL) recently introduced by the Minister of Interior, Olubunmi Tunji-Ojo.
President Bola Tinubu has established an 11-member committee tasked with executing the recommendations outlined in the Oronsaye report, which focuses on the reorganization and streamlining of government bodies, agencies, and commissions.
Ali Bukar Ahmad, the General Manager of Regulation and Compliance at the Transmission Company of Nigeria (TCN), stated that out of an estimated population of 230 million, only 13,112,134 Nigerians are officially registered to use electricity.
The Ghanian government is posed to lose the total of $3.8 billion in World Bank funding over a recent Anti-LGBTQ bill passed by its parliament
The Emir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, has pledged that his country top officials will visit Nigeria after the Ramadan ceremony to follow-up actionable investment opportunities between Qatar and Nigeria.
Minister of Works, David Umahi, has said President Bola Tinubu-led administration is not responsible for the present economic hardships in the country.