Secretary to the Government of the Federation (SFG), Sen. George Akume, has confirmed that efforts of…
Category: Business/Economy
Fire razes TCN power station in Maryland part of Lagos
Fire, on Saturday night, ravaged the Transmission Company of Nigeria (TCN) power substation in Maryland, Lagos…
Air Peace passengers rue flight delay, mull law suit against airline
Some passengers have expressed outrage and disappointment after experiencing a four-hour flight delay by Nigerian commercial…
Nigeria borrowed $2.9bn from World Bank in 2022, says Report
A recent International Debt Report released for 2023 has shown that Nigeria was the highest recipient…
Wike begs NASS to pass N17bn FCT spending plan in 2024 Fed budget
The Minister of the Federal Capital Territory, Nyesom Wike, has appealed to the National Assembly to…
Naira appreciates to N889.86/$1 at official market
The Naira strengthened against the U.S. dollar at both the official and the parallel market on…
Equities market index down by 0.09%, investors lose N36.4bn
The All-Share Index in the Nigerian capital market depreciated by 0.09% at the close of trading…
NLC warns FG against World Bank’s advice of N750 per litre petrol
The Nigeria Labour Congress (NLC) has warned that the World Bank wants to set Nigeria on…
Nigeria’s inflation rate climbs to 28.20%
Nigeria’s annual inflation rose to 28.20% in November from 27.33% in October, the National Bureau of…
Despite CBN’s assurances, cash scarcity persists as banks peg withdrawals at N10K
*ATMs dry up, PoS operators hike charges Despite assurances by the Central Bank of Nigeria (CBN)…