2024 Budget: Soludo To Borrow N120bn To Fund Deficit
Anambra State government will borrow N120 billion from financial institutions to fund the 2024 budget, according to the estimate the governor, Prof Charles Soludo, presented… Anambra…
Section
Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Tinubu seeks German investment in vital sectors
President Bola Tinubu has asked for German investment in vital Nigerian economic areas, including electricity and rail transport. According to a statement released by the president’s…
CBN MPC meeting postponed for second time in two months
The Central Bank of Nigeria, CBN, has postponed the meeting of its Monetary Policy Committee, MPC, for the second time since September 2023. Isa Abdulmumin, the…
Access Bank Plc denies Nigerians access to banking services, customers groan
Despite technological innovations and the deploy of high tech components to deliver seamless service especially in banking to Nigerians, the delivery of such services often turn…
Oil Theft: Navy destroys over 6,000 empty jerrycans, wooden boats in Badagry
Some military officials discover containers in wooden boats for smuggling of fuel Men of the Nigerian Navy on Wednesday evening destroyed over 6,000 empty jerrycans and…
BREAKING: Queue Resurfaces In Abuja As Petrol Sells For N640
Vehicle owners in Abuja have begun to throng filling stations even as fuel stations have hiked the price of premium motor spirit (PMS), checks by Daily…
BREAKING: Naira Scarcity Worsens As Banks Limit Withdrawals, ATMs Run Dry
Naira scarcity is biting harder across the country as banks have limited cash withdrawals, findings by Daily Trust have shown. Residents of Lagos, Abuja, Kano, Katsina,…
UBA Assumes Control of Stallion Group’s Assets in Response to N156bn Debt
THE United Bank for Africa, UBA, Plc has taken over the assets of Stallion Nigeria Limited and its subsidiaries in Lagos, Port Harcourt and Kano, following…
JUST-IN: MTN System Error Causes Debt Cancellation As Subscribers Jubilate
Leading Reporters learnt that subscribers who had taken airtime or data loans from MTN may have to back the debt on their accounts as the initial…
Governor Adeleke Presents N273bn 2024 Budget To Osun Assembly
Osun State Governor, Ademola Adeleke, on Thursday presented a N273 billion budget for 2024 to the State House of Assembly. The budget, christened “Budget of Reconstruction…