Oil prices rose by more than $1 on Thursday in response to tighter supplies and on news that China is considering a cut in the duration of quarantine for inbound visitors. Brent crude futures rose $1.33, or 1.4 per cent, to $93.74 a barrel at 1020 GMT. U.S. West Texas Intermediate crude for November delivery, […]
The Minister of Finance, Budget and national Planning, Mrs Zqainab Ahmed, on Wednesday, explained how the Federalo Government woulod operate the balanced N20.51 trillion budget on total revenue of N9.73 trillion. This is an indication that the government may borrow more than the current estimate of N10.78 trillion in 2023. Mrs Zainab Ahmed, the […]
President Muhammadu Buhari says the establishment of a National Carrier for Nigeria has reached 91 per cent completion and is expected to begin flight operations by Decemnber. The president gave the assurance at the third Ministerial Performance Review Retreat on Monday in Abuja. According to him, the feat is being boosted with the certification of […]
Dr Segun Agbaje, the Chief Executive Officer (CEO) of Guaranty Trust Holding Company (GTCO) Lagos, has advocated for inclusive digitalisation among graduates, to help equip them with the required technological drive to reduce unemployment. Agbaje said this on the sideline of the Redeemers University’s 14th Convocation Lecture on Wednesday in Ede, Osun. He also said […]
A political support group, Nigerian Business Communities (NBC) for PDP Presidential Candidate, Alhaji Atiku Abubakar and his running mate, Dr Ifeanyi Okowa, has pledged it would begin to mobilise voters for the former vice president in the South West. The group made the pledge after its zonal meeting on Tuesday in Lagos. The convener […]
Budget of Fiscal Consolidation and Transition Delivered By: His Excellency, President Muhammadu Buhari, President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja. Friday, 7TH October 2022 PROTOCOLS: I am very pleased to be here today to present the 2023 Budget Proposals at this Joint Session of the National Assembly. This […]
President Muhammadu Buhari, on Friday in Abuja, presented the 2023 budget proposal of N20.5 trillion to a joint session of the National Assembly (NASS). Buhari, accompanied by Vice-President Yemi Osinbajo and other members of the Federal Executive Council addressed the joint session of NASS at about 10.05 a.m. to unveil the 2023 fiscal year. […]
The United Nations World Tourism Organisation (UNWTO) says its maiden conference on “Linking Tourism, Culture and the Creative Industries’’, holding in Lagos will open new vistas in global tourism. The Secretary-General of UNWTO, Mr Zurab Pololikashvili, stated this at the 65th meeting of the Organisation’s Regional Commission for Africa (CAF) in Arusha, Tanzania. The […]
Elon Musk and Twitter Inc may reach an agreement to end their litigation as soon as Wednesday and clear the way for the world’s richest person to close his $44 billion deal for the social media platform, a source familiar with the litigation told Reuters. Chancellor Kathaleen McCormick, the judge on Delaware’s Court of Chancery, wrote: “The […]
By Agency Report Oil prices jumped nearly $4 a barrel on Monday as OPEC+ considered reducing output by more than one million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures for December delivery rose $3.72 to $88.86 a barrel, […]