Nigeria In Talks With World Bank For $1.5bn Budget Support Loan – Finance Minister, Wale Edun
Minister of Finance, Wale Edun has revealed that the Nigeria government is in talks with the World Bank for a $1.5billion budget support facility. Edun at the Nigerian Delegation briefing on the sideline of the International Monetary Fund (IMF)/World…
Akwa Ibom State Assembly Passes Bill On Financial Autonomy
It was gathered by Hobnob News reports that the Akwa Ibom State House of Assembly has passed a bill for a law that allows it to manage funds accruing to it from the consolidated revenue fund of the state. The law was passed after the third reading on…
ECOWAS Court Fines FG N250,000 For Clamping Down Media In Suit Filed By Chief Patrick Eholor
The ECOWAS community court of justice sitting in Abuja has awarded N250,000 fine against the federal government in favour of Chief Patrick Osagie Eholor of One Love Foundation. In a suit which was filed by Samuel Ihensekhien Junior on behalf of Patrick…
Naira To Dollar Black Market Rate Today 28th September 2023
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 27th September below. You can swap your dollar for Naira at these rates. Read more…
Full List Of CBN Governors From 1958 Till Date
THE 10th Senate led by Godswill Akpabio on Tuesday confirmed Olayemi Cardoso as the Governor of the Central Bank of Nigeria (CBN). Cardoso was nominated by President Bola Tinubu on the 15th of September, 2023 as the Governor of the apex bank for a term…
BREAKING: Nigeria’s Headline Inflation Increases To 25.80 per cent
It was gathered by Hobnob News reports that inflation has increased to 25.80 per cent in August from 24.08 per cent recorded in July. Read more at:https://hobnobnews.com/2023/09/15/breaking-nigerias-headline-inflation-increases-to-25-80-per-cent/ The…
We Need Effective Planning To Develop Nigeria — FG
THE Minister of Budget and Economic Planning, Atiku Bagudu, yesterday, explained that for meaningful and inclusive development to take place in Nigeria, stakeholders must ensure effective and collaborative national planning policy. Speaking at the…
FG Clears Air On Introduction Of New Higher Taxes
The Federal Government of Nigeria has zeroed the chances of introducing any new or imposing higher tax rates on Nigerians. The Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms, Taiwo Oyedele, noted this on Sunday night via his X…
Naira Ends Week On Positive Note (See New Rate)
The naira appreciated against the dollar on Friday as it exchanged at N740.38 at the Investors and Exporters window. The naira gained by 2.93 per cent compared to the N762.71 it exchanged for the dollar on Thursday. The open indicative rate closed at…
International Council For Ifa Religion Suspends Planned Isese Festival In Ilorin, Kwara State
The planned Isese festival in Ilorin, the Kwara State capital has been suspended, Hobnobnews can report. The International Council for Ifa Religion in a statement signed by the President of the Council, Oluwo Solagbade Popoola said the traditional…