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PRIMENEWS

PRIMENEWS

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Category: Economy

Oyo State Begins N3.5 Billion Upgrade of Three Major Markets Under OY-RAAMP

Oyo State Begins N3.5 Billion Upgrade of Three Major Markets Under OY-RAAMP

In a bold move to boost agricultural development and improve rural economies, the Oyo State Government has awarded contracts worth…

The Paradox of Ponzi Schemes: A Complex Wealth Redistribution Phenomenon – By Olaoluwa Mimiola

The Paradox of Ponzi Schemes: A Complex Wealth Redistribution Phenomenon – By Olaoluwa Mimiola

Ponzi schemes are investment frauds that entice investors with the promise of high investment returns. Named after Charles Ponzi, who…

CBN Imposes N15.42bn Fine on Zenith Bank for Regulatory Non-Compliance

CBN Imposes N15.42bn Fine on Zenith Bank for Regulatory Non-Compliance

The Central Bank of Nigeria (CBN) has levied a total fine of N15.42 billion on Zenith Bank Plc for failing…

Tinubu Raised 2025 Budget To N54.2 Trillion

Tinubu Raised 2025 Budget To N54.2 Trillion

President Bola Tinubu has raised the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by…

Over 65% of Nigerians Eat Unhealthy Diet – NBS

Over 65% of Nigerians Eat Unhealthy Diet – NBS

Report of a survey conducted by the National Bureau of Statistics, with support from the World Bank, shows that 71%…

FG, States, LGAs Share N1.41 trillion Allocation for October – FAAC

FG, States, LGAs Share N1.41 trillion Allocation for October – FAAC

The federation account allocation committee (FAAC) says it shared N1.41 trillion among the three tiers of government in October 2024.…

Oyebanji Presents 2025 Budget to Ekiti Assembly

Oyebanji Presents 2025 Budget to Ekiti Assembly

Ekiti State Governor, Mr. Biodun Oyebanji, has presented a budget proposal of about 400 billion Naira for the 2025 fiscal…

Old Naira Notes Remains Legal Tender Indefinitely – CBN

Old Naira Notes Remains Legal Tender Indefinitely – CBN

The Central Bank of Nigeria (CBN) has clarified that old naira notes will remain legal tender indefinitely, urging Nigerians to…

Bola Tinubu: A President Ready To Risk it All for Future Generations – By Michael Chibuzo

Bola Tinubu: A President Ready To Risk it All for Future Generations – By Michael Chibuzo

This man called President Bola Ahmed Tinubu is painstakingly doing an architectural redesign of Nigeria’s economic foundations. He has chosen…

Don’t Heed World Bank’s Advice on Economy Reform – Afenifere Warns Tinubu

Don’t Heed World Bank’s Advice on Economy Reform – Afenifere Warns Tinubu

The pan-Yoruba socio-cultural and socio-political organization, Afenifere, has called on the federal government to be wary of the recent advice…

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