The Federal Government is seeking a $500 million loan from the World Bank to improve rural road infrastructure and agricultural marketing across Nigeria. This initiative […]
Category: Economy
Economy
Aliko Dangote Expands Refinery Storage, Faces Challenges from International Oil Companies
Alhaji Aliko Dangote, President of the Dangote Group, has announced an expansion of the storage capacity at his refinery by 600 million litres. This expansion […]
NSCDC Busts Illegal Oil Refinery in Rivers State Cemeteries, Vows Relentless Fight Against Economic Saboteurs
The Nigeria Security and Civil Defence Corps (NSCDC) Rivers State Command has disrupted a major illegal crude oil refining operation at cemeteries in the Abalama […]
Labour Rejects Tinubu’s Claim of Minimum Wage Agreement, Demands Clarity and Fair Deal
The Nigerian Labour Congress (NLC) has firmly rejected President Bola Tinubu’s assertion that an agreement has been reached on the new national minimum wage, as […]
Employment Scam Uncovered in Kano: Officials Arrested and Questioned
The Kano State Public Complaints and Anti-Corruption Commission has arrested two suspects and summoned three Permanent Secretaries for questioning in connection with an alleged employment […]
House Committee Uncovers Mismanagement of N1.32 Trillion COVID-19 Fund
The House of Representatives Committee on Public Account has reported significant mismanagement and financial regulation breaches in the disbursement and utilization of the N1.32 trillion […]
Nationwide Protests Erupted Over Economic Hardship on Democracy Day
Despite a heavy presence of security operatives, protests erupted yesterday in Abuja, Lagos, and Osun states against the perceived economic hardship and worsening conditions in […]
Senate Calls on NLNG to Prudently Allocate $43 Million for Human Capital Development
The Senate has urged Nigeria Liquefied Natural Gas (NLNG) Limited to prudently allocate the $43 million from the $4.3 billion Train-7 project for human capital […]
Nigeria Data Protection Commission Fines Banks and Institutions N400 Million for Data Breaches
Vincent Olatunji, the National Commissioner for the Nigeria Data Protection Commission (NDPC), announced on Tuesday, June 11, that four major banks and three other institutions […]
Federal Government Raises Alarm Over Increased Petrol Smuggling Amid Price Disparities
The Federal Government has raised concerns over the escalating smuggling of Premium Motor Spirit (PMS), commonly known as petrol, due to a significant price hike […]