President Bola Tinubu has reinforced his administration’s determination to restore federal authority and stabilize Nigeria’s economy amid rising challenges. Tanimu Yakubu, Director General of the […]
Category: Economy
Economy
Naira Weakens to N1,640 as Dollar Supply Dwindles
The Naira yesterday depreciated to N1,640 per dollar in the parallel market, dropping from N1,650 per dollar recorded on Thursday. This decline extended to the […]
Dangote Calls for Complete Removal of Fuel Subsidies as His Refinery Prepares for Full Production
The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has reiterated his call for the Federal Government to remove fuel subsidies entirely. Speaking […]
Federal Government Launches Compressed Natural Gas (CNG) Initiative to Support Mass Transit
As part of its Compressed Natural Gas (CNG) initiative, the Federal Government has introduced a Conversion Incentive Programme aimed at promoting CNG adoption, particularly in […]
CBN’s Monetary Policy Committee Expected to Hold Interest Rate Amid Inflation Moderation and Naira Volatility
As the Central Bank of Nigeria (CBN) begins its two-day Monetary Policy Committee (MPC) meeting, analysts expect the committee to maintain the Monetary Policy Rate […]
Meet Adeola Sowemimo: The First Nigerian Woman to Fly a Boeing 787
Captain Adeola Ogunmola Sowemimo has made history as the first Nigerian woman to pilot the Boeing 787 Dreamliner for Qatar Airways, breaking barriers in a […]
Edo 2024: Obaseki Warns Civil Servants Will Be First Victims if Opposition Wins
Governor Godwin Obaseki of Edo State has warned that civil servants in the state could face negative consequences if the opposition wins the upcoming governorship […]
Abdulsalami Address Nigeria’s economic hardship
Former Military Head of State, General Abdulsalami Abubakar, has urged the Federal Government to address Nigeria’s worsening economic hardship. During a meeting with the leadership […]
CBN Warns of Potential Risks to External Reserves Amid Subsidy Removal and Rising Debt
The Central Bank of Nigeria (CBN) has raised concerns about potential downside risks to the country’s external reserves in the coming years due to key […]
Dangote Refinery’s Petrol Price Sparks Debate Among Oil Marketers and Industry Stakeholders
Oil marketers and industry stakeholders have raised concerns about the pricing of Premium Motor Spirit (PMS) produced by the Dangote Refinery, following its release by […]