* Insists palliative distribution is fraudulent Edo State governor, Godwin Obaseki, has slammed the President Bola…
Category: Business/Economy
N’Delta ex-militants write Tinubu, demand share of $1.3bn pipeline surveillance contract to Tompolo
A coalition of former militant leaders and stakeholders in the Niger Delta region has written to…
Naira ‘recovers’ against dollar, as exchange rate drops in black market, official window
The Investors’ and Exporters’ (I&E) window closed with the United States Dollar (USD) settling at N771.69/$1…
Telcos push for increase in call, data tariffs
The current prices of calls, data, and other telecommunication services are no longer sustainable, telecom companies…
Inflation: Cash scarcity looms again as FG mulls supply cut
The Federal government plans to cut the cash in circulation to rein in inflation, Minister of…
Navy sets fire to oil-laden vessel arrested in Rivers
A vessel – MV Cecilia – arrested with about 350,000 litres of stolen Automated Gas Oil…
Black market operators increase dollar rate, as official window sells at N773
The dollar rate extended its upward swing on Wednesday, after closing at N773.42/$1 in the Investors’…
Upgrade your prepaid electricity metres before Nov 2024, NERC tells subscribers
The Nigerian Electricity Regulatory Commission (NERC) has advised prepaid meter users to upgrade their meters before…
Naira hits new low of N900/$1 after JP Morgan revelations
At the parallel segment of Nigeria’s foreign exchange (FX) market, the Naira fell to N900 a…
Official dollar rate increases, black market records fall in USD price
In the Investors and Exporters’ (I&E) window of the official market on Tuesday, the Naira-to-dollar exchange…