Business

FG’s Budget Deficit Hits N4.53trn In 3 Months Amid Low Revenue

By Charles Ebi  Federal government's fiscal deficit surged to N4.53 trillion in the second quarter of 2024, up from N3.88 trillion in the previous quarter. This...

Nigeria, Morocco, In Talks Over $26bn Gas Pipeline Project

By Aliyu Galadima  Federal Government, alongside the Economic Community of West African States ,ECOWAS, Morocco, and Mauritania, have reaffirmed their commitment to advancing the $26...

IPSAS: FG Battles ₦39tn Negative Net Assets, Threatens Sanctions Against MDAs 

By Cyril Ogar  Federal Government is grappling with an alarming N39trn negative net asset position, following its adoption of the International Public Sector Accounting Standards. The...

Transport, Utility Bills Top As Nigerians Lament 76% Surge In Food Expenses

By Dickson Pat  Nigerians have seen over 70% surge in food expenses while transport expenses have surged more than 40% due to the country’s rising...

Standard Chartered Seals $350m MoU To Drive Trade Finance In Nigeria, Others

By Yahaya Umar  Standard Chartered, an international cross-border bank, and British International Investment ,BII, the UK’s development finance institution ,DFI, and impact investor has announced...

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