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Economy

Reps Pass Revised 2020 Budget

Reps-budget-SGF

The House of Representatives on Wednesday passed the revised 2020 Appropriation Act. Read Also: INEC Warns It Won’t Declare Any Winner If Edo, Ondo Guber Polls Are Disrupted The new budget was put at N10.8 trillion, a N300 billion increase from the initial approved amount of N10.5 trillion. The budget was …

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Oil Prices Drop Again

Oil prices slid for a second consecutive session on Thursday as the U.S. industry data showed a steep and surprising build-up in crude stockpiles. Read Also: Buses To Replace Keke, Okada Ready In July – Lagos Govt This has further dampened hopes of a smooth demand recovery as the world begins …

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Oil Price Rises To $35

Brent crude’s international benchmark rose to $35.38 per barrel on Monday. Read Also: Jealous Husband Seals Wife’s Vagina With Glue, Sand The rise is its best since March as major oil producers cut their output level and countries eased lockdowns. The Organisation of Petroleum Exporting Countries and its allies reached a …

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FAAC: FG, States, LGs Share N606bn For April

Finance Minister

The Federation Accounts Allocation Committee has shared N606.196 billion to the three tiers of government for the month of April. Read Also: VIDEO: How Nigerian Christians Became Foolish – Pastor Adelaja Hassan Dodo, Director of Information in the Ministry of Finance, Budget and National Planning, made this known in a statement …

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