Economy

Rivers State Governor, Siminalayi Fubara, has signed into law, the 2024 Appropriation Bill of N800bn into law. This is coming a day after he presented the budget estimates to the State House of Assembly led by Edison Ehie. The…
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Oyo state house of assembly has restated it's commitment to ensure monitoring and implementation of the 2024 appropriation bill when passed into law. The house standing Committee Chairman on Finance, Appropriation and State Economy…
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The Central Bank of Nigeria, CBN, has suspended charges on cash deposits above the regulatory limits of N500,000 for individuals and N3,000,000 for corporate account holders. The new directive is coming against the backdrop of growing…
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The naira fell to an all-time low of N1,099.05/$ the official Investor and Exporter forex window on Friday to cap what has been a turbulent couple of months for the national currency.This signifies a 30.36 per cent decline from its closing…
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In fulfillment of his electoral promises, Governor Ademola Adeleke has again paid another half salary debt, making four months repayment since assuming office. The Governor had earlier this year approved a memo for the phased payment of…
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A renowned Senior Advocate of Nigeria, SAN, Barrister Abiodun Owonikoko says about 63 percent of Nigerians are multi-dimensionally poor at different levels. Barrister Owonikoko however attributed the poverty crises in Nigeria to unstable…
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Oyo state governor, Engineer Seyi Makinde has presented the 2024 budget proposal of over 434.2 billion naira, (Four hundred and thirty-four billion, two hundred and twenty-one million, seven hundred and sixty-five thousand, nine hundred and…
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Nigerians have expressed their frustration after being unable to withdraw their deposits for transactions as commercial banks slashed their withdrawal limits ahead of Christmas and New Year. In an investigation carried out by LEADERSHIP,…
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The Central Bank of Nigeria has directed a “Post no Debit” restriction on all bank accounts without Bank Verification Number and National Identification Number effective April 2024. “Post No Debit” is a term used to describe a…
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National Union of Road Transport Workers (NURTW), Lagos state chapter has reelected Alhaji Musiliu Akinsanya, popularly known as MC Oluomo for a second term in office as the chairman of the Union. Other positions filled were Alhaji…
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