First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
First Bank, West Africa’s premier financial institution and financial inclusion service provider, has been recognised as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategy consultancy. The Bank achieved an AAA+ rating, the highest possible distinction, underscoring its unmatched brand strength and leadership […]
Nigeria needs $1.5trn in 10-yrs to bridge infrastructure gap ― Buhari
By Johnbosco Agbakwuru – Abuja President Muhammadu Buhari has said that Nigeria needs a cumulative of $1.5 trillion dollars over ten years, to achieve an appreciable level of the National Infrastructure Stock. This was contained in a statement issued by the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu. According […]
2022: Accountant-General’s office budgets N36m to battle antelopes, snakes
By Levinus Nwabughiogu – Abuja Accountant-General of the Federation, Ahmed Idris, Tuesday, said that his office proposed N36 million in the 2022 budget to combat antelopes, snakes and other reptiles that trouble them. He also said that his office would incur extra charges in the payment of personnel attached to Nigeria’s foreign missions and embassies […]
Gov Ganduje presents N196.3bn 2022 budget for Kano
Governor Abdullahi Ganduje of Kano State has presented a budget of N196.3 billion for 2022 to the State House of Assembly for approval. Presenting the budget on Thursday in Kano, Ganduje said that it was tagged budget of consolidation and prosperity, aimed at making the state great. He said that the budget was made up […]
Bayelsa to borrow N43.57bn to augment 2022 budget as current debt hits N169bn
The Bayelsa government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion. The borrowing plan is contained in the 2022 Appropriation Bill of Bayelsa. Checks on official records by the News Agency of Nigeria (NAN) indicate that the debt grew […]
CBN’s eNaira to grow Nigeria’s GDP by $29bn in 10yrs — Buhari
President Muhammadu Buhari says the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product (GDP) by 29 billion dollars over the next 10 years. Buhari made this submission on Monday while performing the formal Unveiling of Central Bank of Nigeria (CBN) Digital Currency, eNaira at the Presidential Villa, Abuja. He said […]
North central zone stakeholders propose 35% revenue allocation to states
Majority of the states in the North central zone, on Thursday, proposed a 39: 35: 26 per cent revenue sharing formula for the three tiers of government in the country. The States made their positions known at a one-day North Central Zonal public hearing on the review of the current Revenue Allocation Formula (RAF), organised […]
2022 budget: Kaduna Govt targets N24.9 bn VAT, N67bn IGR
Governor Nasir El-Rufai of Kaduna State, says the state expects an internally generated revenue of N67.26 billion and N24.9 billion Value Added Tax (VAT) which will be used to partly finance the state’s 2022 budget of N233 billion. The governor made the disclosure while presenting the 2022 draft budget to the State House of Assembly […]
Naira value: Experts kick as Osinbajo seeks play of market forces
Against the backdrop of the recent exchange rate crises, the Vice-President, Professor Yemi Osinbajo, has advocated allowing market forces to determine value of the Naira.
2022 Budget: FG proposes N292bn to retire matured bonds
The federal government has proposed N292.7 billion to retire maturing bonds to local contractors/suppliers of government.
FG generates 73% of its targeted revenue for 2021
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the Federal Government has generated N3.93 trillion, being 73 per cent of its targeted N7.9 trillion revenue for 2021. She made the disclosure on Friday in Abuja, at the Public Presentation and Breakdown of the Federal Government 2022 Appropriation Bill. The News Agency […]
