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Jan 14, 2025 | 
blueprint.ng | Mohammed Lawal
Bauchi state governor, Bala Mohammed, has launched the 2025 annual livestock vaccination exercise in Itas/Gadau local government area of the state. The governor explained that the exercise was aimed to enhance livestock production and food security in the state by targeting at least 1.5 million animals across the 20 local government areas.
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Jan 11, 2025 | 
punchng.com | Adebayo Folorunsho-Francis |Gift Habib |Mohammed Lawal
The opposition has accused the Federal Government of failing to explain what happened to the N234bn released for the aborted national census because it diverted the money for the 2023 electioneering campaign. Under former President Muhammadu Buhari, the National Population Commission proposed a budget of approximately N800bn for the 2023 Population and Housing Census.
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Jan 10, 2025 | 
economicconfidential.com | Mohammed Lawal
FG to Review Minimum Wage in Less than Two Years – MinisterThe Minister of State for Labour and Employment, Nkeiruka Onyejeocha, says the new minimum wage will be reviewed in less than two years from now. Onyejeocha said this on Thursday in Umuahia, while addressing newsmen after a meeting with labour leaders in Abia. She said that President Bola Tinubu was committed to his promise to Nigerian workers by ensuring minimum wage was reviewed after three years.
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Jan 10, 2025 | 
economicconfidential.com | Mohammed Lawal
US Moves to Repatriate $53m Linked to DiezaniThe United States Government and the Federal Republic of Nigeria have signed a memorandum of understanding to repatriate the sum of $53 million stolen funds to Nigeria. The funds were part of funds of the Galactica asset linked to former Minister of Petroleum, Diezani Alison-Madueke.
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Jan 10, 2025 | 
economicconfidential.com | Mohammed Lawal
Proposed Telecom Tariff Hike will Reduce Inflation – ExpertThe Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has expressed support for the proposed telecom tariff hike, citing its potential to enhance productivity and moderate inflation in the economy.
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Jan 10, 2025 | 
economicconfidential.com | Mohammed Lawal
CBN Halts Export Proceeds Repatriation ExtensionThe Central Bank of Nigeria (CBN) has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated January 8, 2025, applies to both oil and non-oil export transactions. The apex bank explained that the move aims to enforce compliance with existing foreign exchange regulations.
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Jan 10, 2025 | 
economicconfidential.com | Mohammed Lawal
Inflation may Drop to 27% by December – ReportNigeria’s inflation rate is projected to decline to 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC Business Confidence Monitor report. This forecast offers a ray of hope to businesses and consumers struggling with prolonged economic difficulties, as it suggests that structural reforms are beginning to yield positive results despite lingering challenges.
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Jan 10, 2025 | 
economicconfidential.com | Mohammed Lawal
NBS to Launch Rebased GDP Data End of JanuaryThe National Bureau of Statistics (NBS) has revealed that the details of the newly rebased Gross Domestic Product will be launched at the end of the month. This was disclosed on Thursday at the sensitisation workshop on GDP and CPI rebasing organised by the Nigerian Economic Summit Group and the NBS in Lagos. In October, the NBS announced plans to rebase the GDP and CPI to reflect current realities and account for structural changes in the economy.
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Jan 9, 2025 | 
blueprint.ng | Mohammed Lawal
The Coalition of Northern Groups has declared support for Bauchi state governor, Bala Mohammed, in his concerns over the presidency sponsored Tax Reform Bills before the National Assembly. The leader of the groups, Comrade Aliyu Charanchi, explained that the governor’s statements were made in good faith within a democratic context, addressing the legitimate concerns of his constituents. While condemning the presidency’s threats against Governor Bala, he described them as unfair and dismissive.
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Jan 9, 2025 | 
economicconfidential.com | Mohammed Lawal
Tinubu Wants Increase in $2bn Currency Deal with ChinaPresident Bola Tinubu made a strong case for strengthening Nigeria’s economic ties with China on Thursday, urging the Chinese government to increase the $2 billion currency swap deal between the two nations. This move aims to enhance trade and investment, particularly in Nigeria’s infrastructure development.
