The Central Bank of Nigeria (CBN) and the Bank of England have taken a position on…
Category: Business/Economy
Don’t bribe anyone for NIN registration, NIMC warns Nigerians
The National Identity Management Commission’s interim director general and chief executive officer, Abisoye Coker-Odusote, declared that…
Dollar up N16 in official window, settles at N930 in black market
Foreign exchange dealers in the investors’ and exporters’ window of the official market increased the price…
DisCos confirm collapse of national power grid
There is a significant power outage across Nigeria after the national electricity grid reportedly collapsed early…
Fidelity Bank wraps up acquisition of Union Bank UK
Fidelity Bank Plc has announced the completion of the acquisition of a 100 per cent stake…
Parents decry high schools fees as students resume amid economic hardship
The new academic session in Nigeria has brought with it a wave of challenges for parents and…
Subsidy removal: Organised Labour threatens indefinite strike
*Rejects FG’s ‘miserly’ palliative Barely one week after leading a two-day nationwide warning strike, the Organised…
Lawmakers summon Lagos agency over omission of Yoruba language in train service promos
The Lagos State House of Assembly, on Tuesday, ordered the Lagos Metropolitan Area Transport Authority (LAMATA)…
Tinubu’s reforms working against ordinary Nigerians, says The Economist of London
A famous London weekly newspaper – The Economist – has criticized President Bola Tinubu’s economic policies,…
Revive Nigeria’s refineries, don’t count on Dangote Refinery, PENGASSAN tells FG
The President, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Comrade Festus Osifo, has…