The TRUMP cryptocurrency owned by United States President Donald Trump has experienced a drastic drop, losing the majority of its value in just a month as a result of the ongoing tariff disputes initiated by the US President. TRUMP reached ...
Read More »Category Archives: ECONOMY & MONEY
Abuja-Makurdi Road Toll Gate, Motorists Pay ₦6,400, ₦4,000, ₦3,200, ₦2,000
Trucks, SUV/Jeeps, light vehicles/minibuses and cars will now pay ₦6,400, ₦4,000, ₦3,200, and ₦2,000, respectively, to ply the 227.2km Abuja-Keffi-Akwanga-Makurdi highway reconstructed by the Federal Government under the Highway Development and Management Initiative (HDMI) road project scheme. The development followed ...
Read More »Tackle Inflation: World Bank, IMF Urge CBN
…As Rate Hits 34.8% The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast in controlling inflation. Nigeria’s inflation rate increased to 34.8 percent in December, up from 33.6 ...
Read More »Nigeria, Ghana, Two Others Secure $25bn Funding For Industrial Revolution
Four African countries, namely, Nigeria, Ghana, Côte d’Ivoire, and Senegal have recently secured landmark investments totaling about $25billion aimed at boosting industrial capabilities in these benefiting nations. To this end, Ghana has signed a $12 billion deal with the TCP-UIC ...
Read More »Nigeria, Global Leaders Target $29trn African Economy By 2050
Vice President Kashim Shettima has joined other world leaders to push for the full implementation of the African Continental Free Trade Area (AfCFTA) with a target to boost Africa’s economy to $29 trillion by 2050. He restated Nigeria’s readiness to spearhead the ...
Read More »Federal, State, Local Gov’ts Get N1.424trn FAAC Disbursement For January
A total sum of N N1.424trn, being December 2024 federation account revenue, has been shared to the federal, state and the local governments in Nigeria. The revenue was shared at the January 2025 Federation Account Allocation Committee (FAAC) meeting held ...
Read More »CBN Unveils Account To Attract Investments From Nigerians In Diaspora
Central Bank of Nigeria (CBN) has introduced a non-resident Nigerian Investment Account (NRNIA) and Non-Resident Nigerian Ordinary Account (NRNOA) to manage funds (both in foreign and local currencies) from Nigerians in diaspora. The apex bank disclosed this on Friday in a ...
Read More »2024: Equities Market Defies Economic Challenges, Gains N21.85trn
The Nigerian equities market has shown remarkable resilience in 2024, despite ongoing economic challenges such as high inflation and rising interest rates. The market posted an impressive gain of N21.845 trillion, defying mixed economic signals that influenced investor sentiment in ...
Read More »Wike Outlines FCT Achievements, 2025 Plans
Minister of the Federal Capital Territory (FCT) Nyesom Wike has listed his administration’s accomplishments over the past 12 months and pledged increased attention to security, transportation, and infrastructural development in 2025. In a New Year message he signed, Wike thanked residents for ...
Read More »Come For Outstanding Claims, Lasaco Assurance Urges Customers
Lasaco Assurance Plc has urged its customers, claimants and stakeholders with outstanding claims yet to be finalised by the company to come forward with the necessary documents for prompt resolution.This, the insurer said, was part of its commitment to ensuring ...
Read More »
Newsfront Online Newsfront Online