President Bola Tinubu has ordered the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi,…
Category: Business/Economy
Power minister mulls removal of electricity subsidy, ‘cost reflective tariff’
Nigerians may have to brace up for higher electricity cost as the Minister of Power, Adebayo…
Marketers predict fresh hike in petrol, as PH refinery begins test-run
* Amid Naira crash against US dollars The Federal government, on Wednesday, said the Port Harcourt Refining Company is…
BDC operators shut down offices in Abuja as forex crisis worsens
Amid the foreign exchange crisis in Nigeria, Bureau de Change (BDC) operators have announced the indefinite…
No going back on decision to relocate FAAN to Lagos, Keyamo replies northern groups
The Minister of Aviation and Aerospace Development, Festus Keyamo, has declared that there is no going back…
Update on MTN, Glo Interconnect dispute
The recent attempt by MTN to bully Globacom into paying it a bogus claim of N7.05…
FBN Holding appoints Femi Otedola as new chairman
FBN Holdings Plc – a leading financial institution in Nigeria – has appointed businessman, Mr. Femi…
Edo govt secures N228bn deal to fix Benin-Asaba Expressway
The Edo State government has secured an N228 billion agreement with the Infrastructure Corporation of Nigeria…
NGX: Investors drop N1.07tr as equities market suffers second consecutive loss
Investors in the Nigerian equities market lost N1.07 trillion at the close of trading on Wednesday.…
CBN issues fresh directives to check FX speculation, hoarding by banks
The Central Bank of Nigeria (CBN), on Wednesday, issued fresh directives to commercial banks in the…