Finance

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 […]
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Cross River LG, Biase, budgets N3.2bn for 2021 fiscal year

By Emma Una – Calabar Biase Local Government Council Chairman, Mrs Oma Egwu, on Monday announced a budget estimate of N3,222,023,847.00 (three billion, two hundred and twenty two million, twenty three thousand, eight hundred and forty seven naira) for the 2021 fiscal year. Christened “Budget of Collaboration”,  the Chairman said the budget  is so named […]

FG, States, LGs share N619.3bn for December 2020

The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr Hassan Dodo, Director of Information, Ministry of Finance, Budget and National Planning announced this on Wednesday in Abuja. Dodo said the allocation was released after a virtual conference of the Federation Accounts Allocation Committee (FAAC). […]

2021 Budget: Ekiti to spend N1.4bn to equip Amotekun, N550m on drones

By Rotimi Ojomoyela – Ado-Ekiti In a bid to boost the capacity of the State Security Network, code-named Amotekun corps, the state government has earmarked a whopping sum of N1.4 billion for the outfit in 2021 fiscal year. This would enable the security outfit to establish an effective presence in all the communities in the […]

World Bank to invest $5bn in Africa’s drylands

By Emma Ujah The World Bank Group plans to invest over $5 billion over the next five years to help restore degraded landscapes and improve agriculture productivity. According to the statement by the institution, the Group’s President, David Malpass, announced the investment at the One Planet Summit, a high-level meeting co-hosted with France and the […]

Ayade signs 2021 Budget of ’Bliss and Blush’ into law

By Emma Una – Calabar Senator Ben Ayade of Cross River State governor on Wednesday signed into law the state’s appropriation bill which was passed by the state assembly on Tuesday. The budget tagged “Budget of Bliss and Blush” containing a total  sum N281.7 billion estimate  was tabled  before the State House of Assembly on […]

Kaduna earmarks N970m for rural roads in 2021

The Kaduna state government has earmarked the sum of N970 million for rural feeder roads projects in 2021, under its Ministry for Local Government Affairs. This is contained in the breakdown of N1.9 billion allocated to the ministry for capital projects in the 2021 approved budget document. The document obtained by the News Agency of […]

Gov Fintiri signs Adamawa N140bn 2021 budget into law

Governor Ahmadu Fintiri of Adamawa on Saturday signed the state N140 billion 2021 budget into law. Speaking at the ceremony in Yola, Fintiri said that 52 per cent of the budget was for capital expenditure, while 48 per cent was for recurrent expenditure. According to him, the budget is the first of its kind in […]

Matawalle signs N142.7bn Zamfara 2021 budget into law

Governor Bello Matawalle of Zamfara has signed the state’s 2021 budget of more than N142.7 billion into law, pledging to ensure accountability, and prove to the world that his administration was transparent. Matawalle assented to the bill on Friday in Gusau. According to him, the budget, which is IPSAS (International Public Sector Accounting Standards) compliant, […]

Tambuwal signs 2021 budget of N176.7bn into law

Governor Aminu Tambuwal of Sokoto state on Wednesday signed the state’s 2021 budget of N176.7 billion into law. Tambuwal, while assenting to the 2021 budget in Sokoto, praised the state House of Assembly for the speedy passage of the budget. He said the lawmakers despite political differences were united in the development of the state. […]

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