The agency had taken measures to ensure petrol stations did the right thing, especially this festive…
Category: Economy
Nigerian government to sell five electricity companies to fund 2023 budget
The government said the sale will take place in the first quarter of 2023 and the…
CBN bows to pressure, increases cash withdrawal limit
By Moses Okorie The Central Bank of Nigeria has bowed to pressure and amended the…
Emefiele can’t appear before Reps
If you recall, the Central Bank was supposed to come on Thursday, and unfortunately the Governor…
Buhari, Gbajabiamila meet over cash withdrawal limits
I don’t want to get into it. I don’t want to get into it except to…
MTFE Boss tasks Nigerians on business risks, opportunities
We started this journey not knowing actually where we are going but along the line we…
Aviation operators announce flight disruptions over fuel scarcity
While we do our utmost best to manage the situation and ensure safe flight operations, we…
Demolition: Traders at Mile 12 Market recount ordeal
We just saw them removing the roofs of our buildings; the majority of the people living…
Allegations against Emefiele: CSOs storm NASS, call for Kazaure’s arrest
This man has been lying that he is investigating the Governor of the CBN and has…
CSOs blast CBN Gov’s critics, say they’re caught by reform policies
The false allegations by a Member of House of Representatives from Jigawa State, Hon Gudaji Kazaure,…
Senate urges CBN to increase cash withdrawal limits
The policy seems to be targeted at the elite who often devise means to circumvent the…
Inflation, energy cost, foreign exchange pushing businesses into insolvency – Expert
With Nigeria’s harsh economic realities, the situation is expected because most businesses struggle to stay afloat.…
Buhari to bequeath 22,000 megawatts generating capacity of electricity by 2023 – Minister
Today we are at 8,000 megawatts with 5,000 megawatts on-grid and above 3,000 mega watts of…
Reps ask Police, DSS to clamp down on fuel stations selling above regulated price
Most of those stations have resorted to selling fuel at over N300 per litre. It is…
Senate sets to clash with CBN over cash withdrawal policy
The committee was specifically mandated to interrogate these issues based on the concern that was expressed…
Falana faults CBN’s new cash withdrawal limit
Since the Money Laundering Act 2022 (which has fixed maximum cash withdrawal to N5 million) has…
Kaduna residents now eat one square meal as food prices sky-rocket
I am from Nasarawa State, schooling in Kaduna. I was only given transport money and N300…
Buhari approves disbursement of Cabotage fund – Sambo
We will disburse this funds in days to come to the beneficiaries deserving of it, as…
Nigeria receives over $1bn FDI in mining sector – Minister
The event has boosted investment in the gold value chain, increasing access to data, providing visibility…
We’ll not accept double taxation in AMAC – Official
The council has constituted a committee that will be going round to check the activities of…
House of Reps orders CBN to suspend new cash withdrawal limit
According to them, the new cash withdrawal policy will grossly affect small businesses and the economy.…
NCC-CSIRT advises factory-resetting infected devices to beat Xenomorph Malware
Only search for an app in the Google Play Store, pay close attention to the search…
Power outrage as truck hits TCN’s transformer in Abuja
Attempts are being made by TCN engineers to remove the conductors presently lying on the road…
BREAKING: CBN limits cash withdrawals to N100,000 weekly
The maximum cash withdrawal over the counter by individuals and corporate organisations per week shall henceforth…
Crisis brewing as Bauchi, Gombe lay claim to Kolmani Oil and Gas field
We are pleased with the current discovery of over 1 billion barrels of oil reserves and…
Jos DISCO to provide 400,000 meters to customers – MD
If you look at the number of meters installed by MAP, it is not impressive. We…
Abuja–Kaduna train service resumes Dec. 5, says FG
The Minister of Transportation, Mu’azu Sambo, during the test-run of the train Sunday directed that Nigerians…
BREAKING: Nigeria not broke, says FG
Ahmed also said Nigeria has not in anyway defaulted in its both domestic and foreign debt…
No plan to increase fuel price – FG
The government, through its Nigerian Midstream and Downstream Regulatory Authority, did not state any approved pump…
Nigerians share divergent opinions on naira redesign
Nigerians should be prayerful. Nigeria is drifting under the current government. See, the redesigning of the…