News

Statutory federal allocations to the coffers of the state governments will increase by 69 per cent to N5.54tn in 2024, Checks by The PUNCH have shown. According to figures obtained...

President Bola Tinubu has written to the Senate requesting for screening and confirmation of five persons appointed as directors of the board of the Central Bank of Nigeria. The President’s...

Brent, the global benchmark for crude, rose to $83.19/barrel on Tuesday evening, moving up by $1.19 when compared to its cost the preceding day, as latest data from the Federal...

The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market. This means...

The International Monetary Fund (IMF) has urged the Nigerian government to eliminate subsidies for fuel and electricity, stating that these supports are costly and ineffective in aiding the most vulnerable...

The federal government has announced plans to establish a Commodity Board to regulate the soaring prices of food in the country. Vice President Kashim Shettima revealed this during a two-day...

Nigerian Breweries PLC has issued a "Price Review Notification" to all its direct customers in the West Zone. The notification, contained in a letter issued on Monday, February 12, 2024,...

1. Buhari’s reckless policies responsible for current hardship — Sanusi, Oshiomhole AS Nigerians gnash their teeth over the economic downturn, former governor of the Central Bank of Nigeria, CBN, Dr....

The Federal Government, on Monday, said the 2024 dry season farming would create 5-10 million jobs across the country. It disclosed this at the 30th regular meeting of the National...

The Nigerian exchange shrugged off last week’s negative trading to gain N101bn on Monday. The All-Share Index and the market capitalisation were up by 0.18 per cent to close at...