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Business News in Nigeria

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1 day ago
$20bn needed yearly to achieve 2027 economic target -Edun
2 days ago
Lagos Assembly debunks N17bn gate contract allegation
5 days ago
Inflation rate rose to 34.60 in November 2024, NBS
6 days ago
UBA donates N500m to Lagos Security
6 days ago
FEC approves N47.96trn budget proposal for 2025
  • Business

    $20bn needed yearly to achieve 2027 economic target -Edun

      Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says Nigeria needs to invest 20 billion dollars to achieve the economic targets by 2027.   Edun stated this during the citizens’ and stakeholders’ engagement on the implementation of presidential priorities and ministerial deliverables for the fourth[Read More…]

  • Labour

    Lagos Assembly debunks N17bn gate contract allegation

      The Lagos State House of Assembly has dismissed as flawed the allegation made by an anti-corruption coalition that it awarded a N17 billion contract for the construction of the Assembly’s gate. The Chairman, House Committee on Information, Security and Strategy, Mr Stephen Ogundipe denied the allegation in a statement in Lagos on Thursday. An[Read More…]

  • Business

    Inflation rate rose to 34.60 in November 2024, NBS

        The National Bureau of Statistics (NBS) reported Nigeria’s headline inflation rate rose to 34.60 per cent in November 2024, a 0.72 percentage point increase from October’s 33.88 per cent. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for November, which was released in[Read More…]

  • Business

    UBA donates N500m to Lagos Security

          United Bank for Africa (UBA) has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF). The bank donated through the UBA Foundation, its corporate social responsibility arm, as part of its continued commitment to a secure environment for individuals and businesses. The[Read More…]

  • Business

    FEC approves N47.96trn budget proposal for 2025

          The Federal Government is to spend 47,960,000,000,000 in 2025.   The proposed expenditure was given as the Federal Executive Council (FEC) on Monday approved the budget proposals for 2025 with President Bola Tinubu ordering some amendments after its presentation to the Council by the Budget Office. Briefing[Read More…]

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