Laju Uwanikone

Nov 15, 2024 | nigerianobservernews.com | Laju Uwanikone |Edward Oseghe |Erhuvwu Etarhienyo

The Federal Executive Council (FEC) approved a suggested budget of N47.9 trillion for the 2025 fiscal year on Thursday. This represents a 35 percent increase over the 2024 total budget, which stood at N35.5 trillion. The 2025 budget indicates that the federal government plans to run an expansionary budget to lift millions of Nigerians out of poverty.

Nov 15, 2024 | nigerianobservernews.com | Onyinyechukwu Ugwoke |James Ogbomo |Laju Uwanikone

The National Bureau of Statistics (NBS) has released its Q2 2024 road transport data, indicating a notable decrease in road crashes. Compared to Q1 2024, road crashes declined by 9.69 percent, from 2,662 to 2,407. This represents an 18.96 percent fall from Q2 2023, which recorded 2,967 crashes.

Nov 15, 2024 | nigerianobservernews.com | James Ogbomo |Laju Uwanikone |Edward Oseghe

The new Edo State Governor, Senator Monday Okpebholo, has ordered road contractors back to work immediately and start fixing the bad roads in Benin City. During the Governor’s visit to Upper Mission Extension Road near Aduwawa Junction and Ramat Park, at the site near Aduwawa Junction, he said that his administration, in line with President Bola Ahmed Tinubu’s renewed hope agenda, is committed to restoring hope for the people of Edo State.

Nov 5, 2024 | nigerianobservernews.com | Laju Uwanikone |Faith Aigbe |Onyinyechukwu Ugwoke |Folusewa Akinola

The Nigerian Exchange Limited (NGX) has reported a substantial rise in equity trading values, reaching a record-breaking N3.968 trillion in the first nine months of 2024. This impressive figure marks a 46 percent increase compared to the N2.712 trillion traded during the same period in 2023, underscoring the strength of domestic investor participation in Nigeria’s financial markets, Arise TV reports.