The three tiers of government, federal, state and local governments, shared N10.143 trillion from the federation…
Category: Economy
Sokoto govt vows to clamp down on hoarding, smuggling of foodstuffs
Hoarding is another form of corruption, and fighting against corruption is a key to good governance,…
UK to support Enugu Govt. with technical assistance on food production
The programme was a nine month-programme which started in 2023 and ended in January 2024 with…
NASENI commiserates with former EVC, Gwandu, over mother’s death
I have just received the news of the passing of my mother and I pray that…
Security man drags Union Bank to court for ceasing his property
Sgt Nasiru told the Court that Oluwatoyin said the security personnel, Eche Acheme stole four litres…
Plateau Govt. to begin metro bus service, relocates street traders
So we need to clear out some structures because these buses are huge and our routes,…
Food Crisis: ADP managers set to revitalize agric extension delivery system
Government should change its policy on dry-season farming left in the hands of peasant farmer to…
Nigeria’s economy not out of control, says Tinubu
We are in challenging times, no doubt, but these times have also been marked by unprecedented…
FG to link global firms with Nigeria’s talents, skills
The Outsource to Nigeria Initiative (OTNI) symbolises a pivotal alliance, a collaborative dance between the public…
Economic Hardship: Parents shun noodles as prices soar
Kemi Samuel, a mother of four, said she has decided to cut off noodles from her…
Cement price hike: Umahi, Tambuwal inspect BUA’s 5th plant
I encourage them to comply with the President’s directive, facilitating a massive housing programme and the…
NLC suspends day -two nationwide protest
NEC-in-session resolved to suspend street action for the second day of the protest having achieved overwhelming…
CBN begins sales of forex to BDCs
The Central Bank of Nigeria has observed the continued price distortions at the retail end of…
Okonjo-Iweala urges proper regulatory environments for power sector
The nation will also benefit from the additional megawatts of power that Aba IPP will send…
FG restates commitment to boost power supply to South East industrial clusters
This intervention isn’t a ribbon-cutting charade. This is a calculated endeavour to re-engineer our economy The…
CBN issues revised draft regulatory and supervisory guidelines for BDCs
The Guidelines significantly enhances the regulatory framework for the operations of Bureau De Change The Central…
FG orders immediate suspension of cooking gas export to cut rising cost
Commonly known as cooking gas, the price per kilogramme of the product rose to N1,400 this…
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…