minister Archives

Ex-finance minister Agunloye freed from prison

By Christian George Former Minister of Power and Steel, Olu Agunloye, has reportedly regained his freedom from Kuje Prisons after fulfilling bail conditions. This was made known by the spokesperson for the Federal Capital Territory Command of the Nigerian Correctional Service, Adamu Duza, in a release. Duza stated that the former minister regained his freedom […]

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19th January 2024
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Banking

Why CBN won’t print naira again – Budget minister

The Federal Government has stated that it will no longer permit the Central Bank of Nigeria to print money through Ways and Means to pay the budget deficit in the face of revenue pressures on the 2024 national budget. The Minister of Budget and National Planning, Atiku Bagudu, revealed this information in an interview with journalists […]

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19th January 2024
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Business Economy featured

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has revealed why naira to dollar exchange rate can not be stable despite government settlement for N800/$ exchange rate. Bagudu explained that what leads to the fluctuation of exchange rate are as an aftermath of uncontrollable circumstances. The Minister who said this in an […]

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17th January 2024
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Business

Nigeria needs $80bn investments for Agenda 2050 – Minister

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, stated that Nigeria needs at least $100 billion in investments to accomplish the Nigeria Agenda 2050, with the private sector likely to contribute more than 80%. According to Arise TV, the minister made this revelation while discussing the 2024 budget. He emphasized the importance of private capital in propelling […]

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16th January 2024
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Business

Exchange rate to stabilize in future, Minister tells investors

The Minister of Budget and Economic Planning, Atiku Bagudu, has stated that he expects the exchange rate to improve as a result of President Bola Tinubu’s and the Central Bank of Nigeria’s ongoing currency reforms. The PUNCH reported that his comments came nearly six months after Tinubu lifted the exchange rate cap, among other currency reforms. According to […]

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15th January 2024
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Palm oil prices soars as US sets record

NNPCL targets four FIDs by 2025, posts N5.89tn

FCCPC unveils taskforce to combat counterfeit products nationwide

Mauritius firm to acquire 26% stake in Nigerian

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