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Breaking: Nigeria’s Inflation skyrockets to 33.88% in October as …
11 hours ago · Nigeria’s inflation rate surged to 33.88% in October 2024, according to the latest data from the National Bureau of Statistics (NBS), reflecting a growing strain on the country’s economy. The report, released on Friday, revealed that the October Headline inflation rate increased by 1.18 ...
FG proposes N47.9 trillion as 2025 budget - P.M. News
1 day ago · Giving further details of the document, Atiku said the government pegged the crude oil benchmark at $75 per barrel, with an oil production target of 2.06 million barrels per day (bpd). He added that the budget also sets the exchange rate at N1,400 per dollar and aims for a gross domestic product (GDP) growth rate of 6.4%.
FEC approves $2.2bn external borrowing plan – Edun - P.M. News
23 hours ago · The Federal Executive Council (FEC) has approved $2.2 billion financing programme for external borrowing, including a potential Eurobond and Sukuk bond offer. Mr Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, made this known while briefing newsmen after the FEC meeting ...
Tinubu’s Economic Overhaul sparks $30 billion Foreign Investment …
2 days ago · President Bola Tinubu announced on Wednesday that his administration’s recent economic reforms has generated significant interest from foreign investors, with $30 billion in commitments secured so far. The President’s remarks were delivered at the opening ceremony of the 2024 Comptroller-General ...
Read the Latest Nigeria News - PM NEWS Nigeria
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How the BPE boss Gbeleyi will contribute to my reforms - Tinubu
15 hours ago · President Bola Tinubu has congratulated the Director-General of the Bureau of Public Enterprises (BPE), Mr. Ayodeji Ariyo Gbeleyi as he celebrates his 60th birthday on November 16, 2024. As the Director-General of the Bureau of Public Enterprises (BPE), Mr. Gbeleyi plays a pivotal role in ...
Nigeria’s Economic woes demand joint effort of Government, …
Oct 24, 2024 · The Group Managing Director and Chief Executive Officer (CEO) of CFL Group of companies, Lai Omotola, has said the current hardship facing the nation could not be resolved by the government alone. He emphasised that the solution would only come through joint collaboration between the government and ...
Ongoing reforms risks taken by Tinubu to make Nigeria works well ...
Oct 19, 2024 · The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, on Friday said that the ongoing reforms by the Federal Government were risks taken by President Bola Tinubu to make the country work well. He, however, assured that the ongoing reforms of the Tinubu administration would eventually ...
Breaking: Nigeria battles Inflation spike as rates hit 32.70% in ...
Oct 15, 2024 · Nigeria’s inflation rate has risen to 32.70% for the month of September, according to a report released by the National Bureau of Statistics (NBS) on Monday. The NBS reported that the headline inflation rate for September 2024 was 32.70%, compared to 32.15% recorded in August 2024. “Looking at ...