For instance, today, when PMS comes into this country, we transfer to marketers at N113 per…
Category: Economy
Anambra has no problem with naira notes redesign – Soludo
By the way, in my own time, I got the naira redesigned. Just to make this…
NNPC blames petroleum subsidy for high rate of smuggling
As long as arbitrage is there, you will continue to have these issues and you cannot…
Nigeria spends $550m loans on rural electrification
What we are used to doing is, every year, we wait and get government’s money from…
FG announces resumption of Abuja-Kaduna train services
Sambo said the ministry has learnt enough lessons from the attack in March which claimed the…
Agony in Southeast as fuel scarcity bites harder
Even at N200 per litre, considering the high cost of diesel to power the station and…
Pastor Adeboye knocks FG over naira redesign
Do you know what is going on in our country? It doesn’t make sense anymore. Our…
Osinbajo, former Colombia president, AfDB lead billion-dollar carbon market
It is an innovative climate change solution which will create, over the period of energy transition,…
Nigeria loses 700,000 barrels of crude oil to thieves daily – Minister
Oil theft has denied the country of an estimated 700,000 barrels of crude oil per day.…
5G network has no negative health effects-NCC reassures Nigerians
NCC will do everything possible to guarantee the safety of the citizenry and ensure that every…
2023 budget: Delta earmarks N111.4bn for infrastructure
We have made substantial progress on the Ughelli-Asaba Expressway. Work will be intensified on this strategic…
Warri Refinery: NNPC, Daewoo Group sign MoU for rehabilitation
By Ife Osemedua The Warri refinery rehabilitation works, when completed, will at the first instance, deliver…
U.S. embarks on training young Nigerians to enhance economy
We are here to work together to enable and empower incredible young African entrepreneurs to find…
FG announces selected bidders for Nigerian airports concession
The next stage of the programme is the negotiations and due diligence stage, during which the…
Full text of CBN Governor’s statement on the issuance of new naira notes
Although global best practice is for central banks to redesign, produce and circulate new local legal…
CBN to introduce new notes in December, old ones to go January 2023
Individuals with cash at hand can begin to deposit their monies into their bank accounts from…
Nigeria’s external debt hits $40billion under Buhari Government from $10billion in 2015
This shows that there has been an increase of 288.18 per cent in seven years, according…
Fuel scarcity: Consumers pay more as private marketers hike price amidst zero supply by NNPC – IPMAN
Since none of the NNPC depots has product, the private depots took advantage of the situation …
Aftermath of Alaba Market clash, Lagos Govt. bans street trading, extortion
Street trading is abolished along the road at Alaba International Market; collection of money by members…
Okada ban: Union to issue digital identification to members
Days are gone when Okada riders are used for political thuggry. Of course we know that…
Flood: Institute, farmers call for early distribution of dry season farming inputs
These cohorts should be supported with incentives such as improved seeds, fertilizers and extension workers to…
Anambra Government bans BetNaija, other games
This fraudulent practice will not be allowed to thrive under the watch of Prof Chukwuma Soludo’s…
Shell resumes crude oil export operations at Forcados Oil Terminal
The Forcados Oil Pipeline System is the second largest network in the Niger Delta, and transports…
Area boys attack: Igbo traders order Alaba market shut indefinitely
...give reasons for decision The Alaba international market traders association have decided to shut down the…
Bayelsa kicks against BudgiT 2022 report, faults indices
It should be worrisome to BudgiT that the huge revenue that should accrue to Bayelsa from…
Nigeria’s inflation hits highest mark in 17 years
Increase in the food index was attributed to the rise in prices of bread and cereals,…
Efforts underway to ensure additional 6m households to be metered — Osinbajo
41-meter factories are now present in Nigeria; where do we go from here? One grid is…
Rep blames reoccurring National Grid collapse on TCN obsolete equipment
I’m not trying to defend TCN, but they’ve inherited old infrastructure interns of whatever. They don’t…
Air Peace ready to operate direct flights to Israel
We are very humble to receive you here in your capacity as one who represents the…