Online News Magazine
Online News Magazine
Full 2024 Budget Speech; Budget of Renewed Hope Delivered By: His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Wednesday, November 29, 2023 — The Vice President, Senator Kashim Ibrahim Shettima, GCON — The Senate President, Distinguished Senator Godswill Akpabio, GCON — The […]
The Supreme Court on Wednesday ordered that the old N200, N500, and N1000 notes should continue to co-exist with the new notes till further notice. The apex court ruled that both old and new notes should continue to remain legal tender until the Federal Government put a process in place for its replacement or redesign […]
President Bola Tinubu has presented the 2024 Appropriation Bill to the National Assembly, urging lawmakers to expedite its passage by January 1, 2024, to ensure the smooth functioning of his administration. Themed “Budget of Renewed Hope,” the 2024 budget prioritizes human capital development, poverty reduction, and internal security reforms. In his address to a joint […]
The former governor of the Central Bank of Nigeria, Godwin Emefiele will remain in prison after failing to meet the hefty N300 million bails set by the court. Despite attempts by his legal team, the former CBN governor, who was recently arrested for allegedly breaking Nigerian procurement laws, has not been released. Emefiele’s extraordinarily strict […]
The Economic and Financial Crimes Commission, EFCC, has alerted the public over a new method of financial fraud that involves ATM card swapping. A statement released by Dele Oyewale, spokesperson of the commission today November 27, says the modus operandi of fraudsters involved in this nefarious practice involves keeping a debit card of the same […]
THE Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from […]
Baring last minute changes, President Bola Tinubu will present the 2024 budget to a joint session of the National Assembly tomorrow. The information was confirmed to journalists by the Secretary, Research and Information, in the National Assembly, Dr Ali Barde Umoru, who was at the Senate with respect to protocol arrangements. It was gathered that […]
THE Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from […]
The Nigeria Deposit Insurance Corporation (NDIC) wishes to address the recent misleading news reports circulating on various social media platforms under the headline “CBN Liquidates 20 Banks – NDIC (Names).” Contrary to the misleading headline, we would like to clarify that the 20 banks mentioned in those reports were among the banks that had been […]
The Commerce and Industry Correspondents Association of Nigeria ( CICAN) the media professionals that report and analyse the country’s manufacturing, commerce and industry, Small and Medium Enterprises (SMEs) sectors has announced it’s intention to host the “2023 CICAN Workshop and Award ceremony”, with the theme “Tax policy reforms and effects on Nigeria’s business” on Tuesday […]
