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2024 Appropriation Bill Scales 2nd Reading in Senate The N27.5 trillion 2024 Appropriation Bill on Friday scaled through a second reading at the Senate. The followed debates by lawmakers on the general principles of the bill at plenary. Sen. Adams Oshiomole (APC -Edo) said there was a need for appropriations to be made for the […]

UAE Launches $30bn Fund for Climate Projects The United Arab Emirates has announced a new investment fund worth 30 billion dollars to channel more capital into climate projects in developing countries. Together with private donors, it is hoped that 250 billion dollars will be mobilised by 2030. The fund would focus on transitions to green […]

Zenith Bank Partners CFA to Promote Human Capital Development in Finance, Investment Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the Chartered Financial Analyst (CFA) Institute to promote efforts and activities that support the formation, training, and updating of human capital in finance and investment for the overall development of the Nigerian […]

Nigerian T-Bills Yield Hits 10.21% The average yield on Nigerian Treasury bills steadied at 10.21% amidst slowdown in trading activities at the space. Key market players adjusted to the new market dictates following what seems as all year round inflation rate surge. As headline inflation continues to have fun, return on investment across financial markets […]

FX Rates Worsen as Naira Struggles to Find Balance In the foreign exchange market, the Naira showed a lacklustre performance against the US dollar, depreciating by 0.1% in the official market to close at N832.32. For 2023, some analysts said they don’t see the local currency ending strong despite the recent FX backlog settlement by […]

Senate Leader Faults N9.9T Recurrent Expenditure in 2024 Budget Senate Leader, Bamidele Opeyemi, says the N9.9 trillion recurrent expenditure of the N27.5 trillion 2024 budget is too high, as it constitutes 43 per cent of the budget. Opeyemi said this at the opening of the debate on general principles of the budget at plenary in […]

OPEC+ Cuts Output to Boost Oil Prices Saudi Arabia, Russia and other major oil-producing nations have announced they would further slash production next year to prop up volatile prices. But prices dropped right after the meeting, with analysts saying the market had expected more from the 13-member Organization of the Petroleum Exporting Countries (OPEC) and […]

2024 Budget: Bauchi Govt Earmarks N93bn For Education, Health Sectors The Bauchi State Government says it has earmarked N93 billion for education and healthcare services in the 2024 fiscal year. The Commissioner for Budget and Economic Planning, Mr Aminu Hammayo stated this during the 2024 budget breakdown, on Friday in Bauchi. It will be recalled […]

AfDB Signs $20m Agreement With FSDH to Support Nigeria’s SMEs The African Development Bank (AfDB), has signed an additional 20 million dollar Trade Finance Facility with FSDH to support Small and Medium Enterprises (SMEs) in Nigeria. Mr Lamin Barrow, Director-General, Nigeria Country Department, AfDB, said this during the signing ceremony, on Thursday in Lagos. According […]

The Kaunda suit has become a choice attire for African celebrities, elders and politicians in recent years, including one particularly high-profile convert — Kenya’s president, William Ruto. A single-breasted safari jacket with short or long sleeves and patch pockets — often worn with matching pants — it was initially made popular in the 1960s by […]

At Air Peace Limited, we continuously strive for excellence in all we do. Through our people we are able to attain higher heights because their unique strengths and experiences help us turn challenges into opportunities. We employ the best talent and provide a great opportunity and environment for them to display their best skills in […]

Sandra Day O’Connor, the first woman on the United States Supreme Court, a rancher’s daughter who wielded great power over American law from her seat at the center of the court’s ideological spectrum, died on Friday in Phoenix. She was 93. The Supreme Court announced her death in a statement, saying the cause was complications […]