Nigeria’s FEC Approves N47.9 Trillion Budget for 2025
The Federal Executive Council (FEC) has approved a proposed budget of N47.9 trillion for 2025, announced by Atiku Bagudu, Minister ...
Tag: Finance
Nigeria’s Inflation Rate Set to Rise in October Amid Economic Pressures
Nigeria's inflation rate is likely to go up in October 2024, after reaching 32.70% compared to the same month last ...
Lagos, Johannesburg, Cairo to Emerge as Africa’s Economic Powerhouses by 2035
According to a report from the Economist Intelligence Unit (EIU), Lagos, Johannesburg, and Cairo are expected to be Africa's major ...
Debt in Nigeria’s Oil and Gas Sector Rises 73% Amid Naira Depreciation
Debt in Nigeria's oil and gas industry increased by 73% during the first nine months of 2024, mainly due to ...
Bitcoin Surges to $89,000 Amid Market Euphoria
Bitcoin, the flagship cryptocurrency, has hit a new record high of $89,123. This is a 9.4% rise in just the ...
Nigeria’s Fiscal Policy: A Ticking Time Bomb
Nigeria's financial strategy is heading towards a big problem. For many years, poor management, lack of openness, and not thinking ...
Nigeria’s Domestic Debt Increases by N198.96 Billion in Three Months, According to DMO Report
The domestic debt of Nigeria’s 36 states and the Federal Capital Territory (FCT) went up by N198.96 billion over three ...
Elon Musk’s Net Worth Soars to $314 Billion
Elon Musk's net worth has skyrocketed to $314 billion, making him the richest person in the world, after Tesla's value ...
Evangelist Claims Occult Ties In Scandal Involving Top Financial Boss
Nigerian evangelist Ebuka Obi has become an overnight sensation for his incendiary claims that tie the scandal of Baltasar Engonga, ...
Mutual Funds Assets Surge By 81.5% To N3.5 Trillion, Driven By FX Appetite
In the first nine months of 2024, Nigeria's mutual funds industry saw a significant increase of 81.5% compared to the ...
Donald Trump’s Shocking Crypto U-Turn: What Does it Mean for the Future of Bitcoin?
Donald Trump's win in the 2024 US presidential election has caused a big reaction in the cryptocurrency market. Bitcoin, the ...
Nvidia Surpasses Apple as World’s Largest Company by Market Capitalization
Nvidia Corporation has now become the world's largest company based on its market value, passing Apple Inc. As of the ...
World Bank Approves $50 Million to Combat Nigeria’s Nutrition Crisis
The World Bank has announced its approval of a $50 million fund to help Nigeria tackle its urgent nutrition problems ...
Trump’s Media Business and Tesla Stocks Surge as Former President Nears Second Term
Tesla's shares and Donald Trump's media company, Trump Media & Technology Group, have seen a significant surge as the former ...
Memecoins Surge Ahead of US Elections
The memecoin market is seeing a big rise, with its total value now at $62.3 billion, which is 4.3% more ...
