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Category: Economy

TINUBU CONSIDERS RE-INTRODUCTION OF SUBSIDY ON PET...

President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to so...

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DANGOTE RECLAIMS AFRICA RICHEST MAN TITLE 

Aliko Dangote is Africa's richest man once again after making over N13 billion in 24 hours.

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NIGERIA TOPS GLOBAL UNEMPLOYMENT RATING 

Nigeria tops the list of countries with the highest rate of unemployment, according to the latest statistics released by the World...

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NAIRA GAINS, EXCHANGES AT N757.51 TO DOLLAR

On Tuesday, the naira appreciated against the dollar, exchanging at N757.51 at the Investors and Exporters window.

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LOCAL REFINING WILL REDUCE PETROL PRICE BY N70/LTR...

Oil marketers have said local refining will save at least N70 per litre off petrol price when it is fully operational.

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PORT HARCOURT REFINERY TO COMMENCE OPERATIONS IN D...

President Bola Tinubu, on Wednesday night, met with Leaders of the various Labour unions and promised that the Port Harcourt refin...

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‘STAPLE FOOD WILL SOON BE AVAILABLE’ – TINUBU ORDE...

In a bid to tackle food insecurity in the country, President Bola Tinubu says he has directed the release of 200,000 metric tonnes...

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EXTERNAL RESERVES SHED $167.2M AS NAIRA SLUMPS FUR...

External reserves shed $167.2m as naira slumps further

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BREAKING: FUEL SUBSIDY: SANWO-OLU ANNOUNCES 50 PER...

BREAKING: Fuel subsidy: Sanwo-Olu announces 50 per cent reduction on Lagos buses

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EXERCISE PATIENCE. YOU’LL SOON SEE THE BENEFITS OF...

Exercise patience. You’ll soon see the benefits of subsidy removal — Jigawa Governor appeals to Nigerians 

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FG SAVES ₦400B IN 4 WEEKS AS SUBSIDY REMOVAL YIELD...

In a significant development for Nigeria's downstream oil sector, operators have revealed that the Federal Government has successf...

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TINUBU APPOINTS FOLASHODUN SHONUBI ACTING CBN GOVE...

Shonubi’s appointment followed the suspension of Godwin Emefiele as the CBN Governor on Friday.

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ISRAEL TO PARTNER WITH NIGERIA TO CREATE 1 MILLION...

Israel to partner with Nigeria to create 1 million jobs through digital economy 

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DANGOTE REFINERY MAY NOT BRING DOWN FUEL PRICES – ...

The Nigerian Labour Congress (NLC) says the recently launched Dangote Petrol Refinery may not take complete care of the needs of N...

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WHY BUHARI'S SOCIAL WELFARE SCHEMES ARE MAKING NIG...

In few weeks to the end of his second tenure as 15th President of the Federal Republic of Nigeria, Muhammadu Buhari is said to hav...

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RESERVES 2023: TOP 20 COUNTRIES WITH THE HIGHEST R...

Did you know that China is leading globally as the country with the highest reserves followed by Japan, Switzerland, USA, and Indi...

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FROM 1960–2023, HERE ARE THE CHANGES IN NIGERIA'S ...

With the old naira notes of ₦200, ₦500, and ₦1000 expected to cease to be in circulation by January 31st 2023, we bring to you the...

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2022: $41BN FOREIGN DEBT. SEE HOW MUCH EACH NIGERI...

Did you know that with the current foreign debt of US$41 billion as of December 2022, each Nigerian currently owes N10,372 to the ...

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CBN TO RELEASE OLD NAIRA NOTES TO BANKS OVER NLC P...

The Central Bank of Nigeria has finally concluded plans to release all N1,000, N500 and N200 notes in its custody to Deposit Money...

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PHOTOS: COURT CONVICTS 14 INTERNET FRAUDSTERS IN E...

The Economic and Financial Crimes Commission on Tuesday said it has secured the conviction of fourteen internet fraudsters in Beni...

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