Forbes’ 2009 Billionaires list highlighted the wealth of Black Americans, featuring Oprah Winfrey as the sole billionaire with $2.7 billion. Other notable figures included Robert Johnson of BET ($550 million), Michael Jordan ($525 million), and Magic Johnson ($500 million). EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and Families of Fallen Heroes Current Cement Prices: … Read more
No fewer than 10 federal ministries and agencies have been allocated over ₦1 trillion each in the 2025 budget. EKO HOT BLOG reports that the allocations are detailed in the 2025 Appropriation Bill presented to the National Assembly. The ministries receiving significant funding include Police Affairs, Interior, Defence, Finance, Power, Works, Budget and Economic Planning, … Read more
President Bola Tinubu announces a ₦2 trillion investment in critical sectors like Health, Agriculture, Energy/Power, and others to accelerate economic stabilization and advancement. EKO HOT BLOG reports that President Bola Tinubu has announced a bold plan to inject ₦2 trillion into key sectors of the economy over the next six months. This significant investment aims to … Read more
EKO HOT BLOG reports that the governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has been summoned by the House of Representatives regarding the decision to lift the forex ban on 43 items. Recall that the said items, including toothpicks, and cement, among others, were initially restricted from accessing forex in 2015. As … Read more
FG has unveiled its 2050 agenda to reduce poverty drastically. The Minister of Finance presented the budget at the NEC meeting. The ministry plans to reduce poverty from 83 million affected people down to 2.1 million by 2050. EKO HOT BLOG reports that President Muhammadu Buhari-led government has unveiled ‘Agenda 2050’ to reduce Nigeria’s poverty … Read more
The Minister of finance has revealed the expenses spent daily on subsidy EKO HOT BLOG reports that the Minister of Finance and National Planning, Zainab Ahmed, has disclosed that Nigeria spends N18.69 billion daily on petroleum subsidies. EDITOR’S PICK Tinubu Reveals Meeting Details With Obasanjo In Abeokuta JUST IN: Buhari Swears In RMAFC Chair, … Read more
Pastor Clement Ibe has denied mismanagement of the church’s finance The BCC group’s letter to the SDD alleged that monies were laundered to fund a property project worth R90 million registered under Ibe’s company, World Outreach, without the church members’ approval. EDITOR’S PICK APC Ticket: Tinubu, Amaechi At War Over 3, 000 Statutory Delegates 2023: … Read more
Latest NPower News For Today Wednesday 5th January 2022 can be accessed below. Good day applicants, here are the latest N-Power Batch C news headlines update for today, Wednesday, January 5th, 2022, on Eko Hot Blog. Latest NPower News For Today Wednesday 5th January 2022 NPower News: Nexit Scheme Applicants Task NAS To Summon Minister Eko Hot Blog reports … Read more
Latest NPower News For Today Saturday 18th December 2021 can be accessed below. Good day applicants, here are the latest N-Power Batch C news headlines update for today, Saturday, December 18th, 2021, on Eko Hot Blog. Latest NPower News For Today Saturday 18th December 2021 NPower News: FG Trains 3,000 North Central Youths In Skill Acquisition Eko … Read more
UNILAG Releases Cut-Off Marks for 2021–2022 Admissions, Check Full List Here EKO HOT BLOG reports that the authorities of the University of Lagos (UNILAG), Akoka, has released the admission cut off marks for the 2021/2022 academic session. Read Also: Drama As University Students, Staff Avoid School Entrance Over Juju Scare The cut-off marks were released … Read more
The latest Npower News For Today, Sunday, 5th December 2021, can be accessed below. Good day applicants; here are the latest N-Power Batch C news headlines update for today, Sunday, December 5th, 2021, on NewsOnline Nigeria. Latest NPower News For Today Saturday 4th December 2021 Npower Begins Payment Of Unpaid Batch C1 Beneficiaries September Stipend … Read more
The Federal Government said the failure of previous national economic plans is due to the inadequate cooperation and absence of state government’s inputs. The Minister of Finance, Budget and National Planning, Zainab Ahmed, made this known while speaking at the 19th National Council on Development Planning (NCDP) meeting in Abuja. She noted that the overall … Read more
The perks that come with being a celebrity are thrilling. Not only will you be famous, but you also acquire wealth alongside—no wonder the rush for fame is crazy. Every day, on social media, we see celebrities buy all sorts of things and flaunt them on their platforms. The thing is, which of these items … Read more
By Ademola Orunbon The economic development strategy blueprint, which is a medium-term strategy from 2021- 2025 would allow for improvement and adjustments where necessary. You May Also Like: Gov. Sule & Wife Release Stunning Photos Of 2-Month Old Twins NAF Graduates 676 To Meet Contemporary Security Needs The Commissioner for Finance and Chief Economic Adviser … Read more
The Minister of Finance, Budget and National Planning, Zainab Ahmed and the Minister of Communications and Digital Economy, Isa Pantami has been summoned by the House Of Representative over Chinese loan the lawmakers who were also sent for is the Minister of Power, Saleh Mamman; and the Director-General of the Debt Management Office, Patience Oniha, … Read more
In a bid to enhance Africa’s overall development, Ministers of Finance and Governors of Central Banks in Africa will converge at Transcorp Hotel, Abuja from Monday, March 9 to Tuesday 10, 2020, for a Senior Policy Seminar on agriculture, aimed at promulgating a policy on how the continent would leverage research for agricultural development. The … Read more
Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors. The funding comes after the Africa-based fintech company raised $50 million earlier this year in June in the Series A investment. This new Series B capital by Asian investors include Meituan-Dianping, GaoRong, Source Code Capital, … Read more
– Lagos state commissioner for finance, enjoined banks to complement the State’s IGR efforts by constantly coming up with creative ways of supporting revenue collection in Lagos Lagos State Commissioner for Finance, Dr. Rabiu Olowo has implored bankers to deepen innovative ideas and deploy digital solutions to support the present administration’s drive to grow Internally … Read more
The Nigerian Stock Exchange(NSE) has extended the deadline for quoted insurance companies to submit their 2018 financial results, following their transition to the International Financial Reporting Standard, IFRS 9. This gives the insurance companies till July 31 to submit their results against the statutory time frame of June 30 every year. The … Read more
The Senate Committee on Finance on Monday queried the Federal Ministry of Finance for high budgetary releases to itself and some of its parastatal agencies. Members of the committee raised the question when officials of the ministry appeared before them to defend their 2019 budget proposals. The committee noted that amid complaints of paucity of … Read more