Commonly known as cooking gas, the price per kilogramme of the product rose to N1,400 this…
Category: Economy
Again, CBN increases Customs duty rate to N1,605.82/$1
This is coming as customs brokers and importers have expressed dismay over the incessant increases which…
FG threatens to open border for cement importation
The Federal Government has threatened the possibility of cement importation if Nigerian cement manufacturers refuse to…
FG will audit N23trn Ways & Means, says Finance Minister
By Saidu Idris 365Daily – The Minister of Finance and Coordinating Minister for the Economy, Wale…
Oyo residents take to the streets in high cost of living protest
This is after residents of Kano, Niger, Lagos, Sokoto held protests over rising economic hardship in…
Nigerian Breweries records N106bn loss in 2023
High double-digit inflation rates with food inflation at more than 30 per cent and removal of…
Reps to sanction MDAs over TSA violation, summons CBN, others
TSA is to aid transparency and facilitate compliance with sections 80 and 162 of the Constitution…
Access Holdings appoints Agbede as Acting Group CEO
She commenced her professional career in 1992 at Guaranty Trust Bank (GTB) and served in various…
Our reform policies are working – CBN Governor
We have already begun to see shifts in the positive direction. Indeed they (CBN measures) have…
Inflation: Nigerian farmers exporting food to neighboring countries for more profit – Katsina Gov.
It is unfortunate that prices of food items and other essential commodities have been increasing daily,…
Labour issues 14-day ultimatum to FG over non-implementation of agreement
Widespread Hunger is now ravishing millions of Nigerians, with the workers’ purchasing power significantly eroded, while…
Reps to investigate banks, institutions for hoarding forex
According to Hon. Babajimi Benson (APC, Lagos) who raised the issue in a motion at plenary…
Under pressure, Nigeria govt holds urgent meetings over living costs
By the time these meetings are concluded, we’ll be able to issue a definite statement on…
CBN uncovers $2.4bn invalid FX claims, says Cardoso
We discovered that of the roughly $7 billion, about $2.4 billion had issues, which we believe…
Nigerian poultry farmers lament loss of N3trn investments
Poultry farmers nationwide said their members lost more than N3 trillion in investments from the prevailing…
Why power supply is dwindling – Minister
We understand the impact on citizens, and our goal is to swiftly resolve the issues. By…
Group passes vote of confidence on Tinubu, Kyari
We congratulate Engr Mele Kyari and President Bola Ahmed Tinubu on the reopening of the Port…
Gov Sule crashes fertilizer price from N21,000 to N12,000 a bag
The governor warned those handling the sales of over 13,000 bags of fertilizer earmarked for this…
BAVCCA passes vote-of-confidence on Tinubu, Mele Kyari, Vincent Isegbe
We urge President Bola Ahmed Tinubu to intensify efforts in tackling the security challenges faced by…
FRC begins verification of FG’s N2.9 trillion projects
The verification of the capital projects valued at N2.9 trillion is part of efforts to actualise…
Price of rice up 81% in 1 yr, Onions rise 123%
In addition, the average price of 1kg of tomato rose by 77.6 percent YoY to N814.16…
FG, States, LGAs share N1.127tr for December 2023
December 2023 saw a significant increase in Value Added Tax (VAT), gross revenue and a total…
NCC gives MTN, Glo 21 days to resolve debts issue, suspends disconnection plan
The Commission stated that it has put the phased disconnection on hold for a period of…
Keyamo approves date for presentation of NiMet’s 2024 Seasonal Climate Prediction
We are involving the private sector because weather impacts all aspects of our economy including agriculture,…
Nigeria needs lots of investment in mining sector, Alake tells Saudi Arabia
We have always been desirous of reciprocating this very positive gesture, and there is no better…
NiMet’s management retreat ends in Abuja as DG/CEO Anosike sees brighter prospects for agency
The retreat has given the new directors insight into the operations of NiMet and will help…
Former NiMet DG, Anuforom tasks staff on improved productivity
NiMet has variously moved around different federal ministries – transport, agriculture, and aviation. What this shows…
Dollar pulls back, bitcoin jumps ahead of ETF approval deadline
We’re still seeing those sort of disinflationary impulses in the United States The dollar paused its…
FG to begin full contactless passport application, home delivery
Nigerians will no longer have to come to our offices for their biometric, they can do…
MTN To Disconnect Glo From Network Over Debts
The Nigerian Communications Commission (NCC) has approved MTN’s request to partially disconnect Globacom (Glo) from its…