For the third consecutive month this year, the consumer price index (CPI), which measures the rate…
Category: Business/Economy
SMEDAN confirms ‘death’ of over 2 million businesses in 5 years
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has confirmed that over two million…
Aviation unions to begin 2-day warning strike on April 17
Five major aviation unions in the country, namely the National Union of Air Transport Employees (NUATE),…
CBN to ‘utilise’ N500bn in multitude of dormant bank accounts
The Central Bank of Nigeria (CBN) has issued new guidelines to commercial banks on the operations…
Again, IMF asks Nigeria to raise tax revenues, cut down on borrowing
The International Monetary Fund (IMF) has again asked Nigeria to raise incomes from taxes, particularly through…
NUPENG to oppose fuel subsidy removal unless…
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) said the group won’t back the…
NEITI backs fuel subsidy removal, canvasses support
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr Orji Ogbonnaya Orji, has…
Nigeria’s economy may decline further to 3% in 2024, says IMF
The International Monetary Fund (IMF), in its April 2023 economic, outlook has projected that Nigeria’s economy,…
Reps to quiz AGF Malami over alleged sale of $2.4bn crude oil
The House of Representatives Ad hoc Committee probing the loss of oil revenue has summoned the…
FG okays N6bn for resurfacing Lagos 3rd Mainland Bridge
The Federal Executive Council (FEC) has approved the sum of N6.28 billion for surface maintenance of…