Economy

      By Tony Obiechina  The Federal Government is projecting a total of N8.6 Trillion as well as targeting a reduction in deficit and borrowings in the 2019 Budget Proposal. But the projected available fund for the 2019 Appropriation is N6.9 trillion giving a deficit of N1.6 trillion against …

The Peoples Democratic Party (PDP) Presidential Candidate, Atiku Abubakar, said his policy document targeting at creating an enabling environment for the youths and women to return to the path of wealth creation and gainful employment would soon be unveiled.

The Nigerian Senate wednesday,  passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the excessive ATM card maintenance charges being deducted from customers. This resolution came as part of a motion on the illicit and excessive bank charges on customers accounts, sponsored by Senator Olugbenga Ashafa …

    By Tony Obiechina  The Central Bank of Nigeria (CBN) has released a total of N615.43 billion to participating banks under the Commercial Agriculture Credit Scheme (CACS) as at August 2018 for disbursement to farmers since the inception of the scheme. The fund was for a total 568 projects. …

  From Nosa Akenzua, Asaba   Delta State Governor, Dr. Ifeanyi Okowa on Wednesday assured Deltans of his commitment towards  further development of   the state   if voted into office for the second term. The governor   who presented  his 2019 Budget to the State House of Assembly, disclosed that in the …

From Jude Dangwam, Jos   Plateau State Governor, Simon Lalong,  has disclosed that the establishment of  the Plateau State Micro Investment Development Agency (PLASMIDA) by his administration has strengthened the growth and development of MSMEs in the State and reduced the unemployment rate. He said the State was now  business …

A former Vice-President (Africa) of World Bank, Mrs Oby Ezekwesili, has advised the Federal Government to suspend its plan to raise 2.8 billion dollars in Eurobond to fund the 2018 budget.

  By Tony Obiechina  A stable exchange rate to avoid depreciation of the naira is Nigeria’s target now, Central Bank of Nigeria (CBN) Governor Godwin Emefiele has disclosed. He said as good as building reserves is, the present economic situation cannot allow that. Besides, the country is not ready to …

The Senate Committee on Appropriation has approved President Muhammadu Buhari’s request for the virement of N242 billion under the 2018 Appropriation Act to conduct the 2019 general elections.

The Senate on Wednesday confirmed the appointment of Mr Muiz Banire as Chairman of the Governing Board of the Assets Management Corporation of Nigeria (AMCON).