Nigeria’s President, Bola Ahmed Tinubu has disclosed the sectors and institutions that will benefit from the N4.52 trillion 2025 budget increase he recently sent to the National Assembly. Allocation details …
Tag:
nigerian senate
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INSURANCENEWS & PUBLIC ECONOMY
Senate passes bill raising insurance firms minimum capital base to N45bn
by adminby adminThe Senate has passed the Nigerian Insurance Industry Reform Bill, 2024, which require insurance firms to have a capital Base of between N15 billion to N45 billion depending on the …
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The Nigerian Senate on Thursday resolved to wade into the dispute between the Dangote Group and Nigerian National Petroleum Company Limited (NNPCL). The Senate through its Ad-hoc Committee investigating alleged …
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MONEY MARKETNEWS & PUBLIC ECONOMY
Senate, Reps disagree over N5.2bn presidential yacht fund in supplementary budget
The Nigerian Senate and House of Representatives on Thursday moved in opposite directions in the approval of the controversial N5.2 billion provision for acquisition of presidential yacht in the 2023 …