FG’s deficit spending falls 29% to N2.83trn in Q1’24

The Federal Government  recorded a   29 percent year-on-year (YoY) decline in deficit spending to N2.83 trillion deficit in the first quarter of 2024 (Q1’24)   from N3.99 trillion recorded in same period of last year, Q1’23. The Central Bank of Nigeria’s, CBN, disclosed this in its Statistical Bulletin for Q1’24. Vanguard analysis showed that fall in deficit […]

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NACCIMA, others kick as CBN hikes interest rate to 26.75%

The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its benchmark interest rate, the Monetary Policy Rate, MPR to 26.75 per cent from 26.25 per cent, a decision faulted by the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, NACCIMA, Nigeria Employers’ Consultative […]

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Asake to headline O2 Arena for second time

Famous Nigerian singer, Asake, is set to perform at the London O2 Arena for the second time. The singer made this known in an Instagram post on Tuesday. Asake, who is currently on his ‘Lungu Boy World Tour’, said he will be performing at the 20,000-capacity auditorium on September 21. Sharing the flyer, he wrote; […]

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First Bank/Visa promo to reward 520 cardholders

First Bank has unveiled its continuous Visa Cross Border and Summer campaign in partnership with Visa. The campaign, which commenced on April 1, 2024, is set to run until August 31, 2024, as a rewarding initiative for existing Visa Gold and Visa Infinite cardholders and prospective customers. Throughout the campaign, 502 lucky Visa Infinite and […]

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Bauchi to shut down health centres during nationwide protest

The Bauchi State Government has announced plans to close all Primary Healthcare Centres (PHCs) on the day of the proposed nationwide anti-government protest. It said the decision was to protect the lives of healthcare staff and patients amidst potential security threats. Dr Rilwanu Mohammed, Executive Chairman of the Bauchi State Primary Healthcare Development Board, stated […]

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