The Federal government has approved the sum of N5billion for each State, and the Federal Capital…
Category: Business/Economy
Naira appreciation continues, trades for N850/$1 in parallel market
The national currency – Naira – continued its appreciation against the United States dollar on Wednesday,…
NNPC takes $3bn loan from AfreximBank
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed receipt of a $3 billion emergency crude…
Nigerian firms bleeding amid high diesel price
Nigerian businesses relying heavily on diesel for their operations are facing higher costs of fuelling their…
Abia group urges FG to reverse CBN’s revocation of MFB licenses
Aba Landlords Protection And Development Association (ALPADA), an umbrella body of landed property owners in Aba,…
NAFDAC declares ‘war’ against illegal drug hawkers, others
It is no longer at ease for illegal drug hawkers, as the National Agency for Food…
Fresh headache for Tinubu as knock-kneed power sector nears total collapse
Nigeria’s tottering power sector, which has seen electricity generation fall to below the worst levels under…
Anxiety as aviation security, logistics workers begin strike Wednesday
…Over N30,000 monthly pay The National Union of Air Transport Employees (NUATE) has directed the Aviation…
Tinubu inherited near comatose economy, claims Oshiomhole
The senator representing the Edo North Senatorial District, Adams Oshiomhole, has claimed that President Bola Tinubu…
One dead, 3 missing as Seplat’s ‘Magestic’ rig collapses in Delta
Seplat Energy Plc has disclosed that 92 out of the 96 crew on board its Majestic…