Business

Reps Reject Budget, Summon Finance Minister

The House of Representatives Committee on Public Accounts has summoned the Minister of finance, Zainab Ahmed; the Director-General, Budget Office of the Federation, Ben Akabueze; and the acting Accountant General of Federation, Okolieaboh Sylva; to explain why the Office of the Auditor General for the Federation (AuGF) is undermined in …

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eNaira Is Now A Monumental Success – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, says the eNaira has recorded 700,000 transactions valued at N8 billion since its inauguration on Oct. 25, 2021. Emefiele said this on Wednesday in Abuja, at the 28th edition of the apex bank’s annual In-house Executive Seminar with the theme, …

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Okowa Presents N561.8bn 2023 Budget To Delta Assembly

Gov. Ifeanyi Okowa of Delta on Thursday presented a budget of N561.8 billion for 2023 to the State House of Assembly for approval. Okowa, while presenting the budget, Christened “Budget of Seamless and Stable Transition”, in Asaba, said that the figure showed an increase of 17 per cent over that …

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US Economy Grows For First Time In 2023

The US economy rebounded in the third quarter, expanding for the first time this year in welcome news for President Joe Biden days ahead of midterm elections, government data showed Thursday. Economic issues have become a flashpoint in the United States, with decades-high inflation weighing on growth and squeezing households. …

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Lagos Is More Than Just A State; Sanwo-Olu Tells FG

Governor Babajide Sanwo-Olu of Lagos State on Thursday urged the Federal Government to grant special economic status to Lagos. The governor, who described the state as a “national asset”, said the benefits of Lagos transcend a region of the country as all Nigerians enjoy the state’s prosperity in one way …

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Sanwo-Olu Presents 2023 Budget To Lagos Assembly

Lagos State Governor, Bababjide Sanwo-Olu, on Thursday, presented Year 20223 Appropriation Bill of over N1.692 Trillion before members of the State House of Assembly for consideration and approval. Recall that the governor, had on last year presented Year 2022 Appropriation Bill of over N1.388 trillion before members of the State …

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