Governor Babajide Sanwo-Olu has announced that the Ounje Eko market initiative in Lagos state, where foodstuff is sold at a 25 percent discount, will continue […]
Category: Economy
Economy
EFCC Files Fresh Charge Against Ex-CBN Governor Emefiele Over Alleged Illegal Printing of Naira
The Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against the former governor of the Central Bank of Nigeria, Godwin Emefiele, at […]
Innovative $10 Billion Investment Drive Unveiled for Nigeria’s Oil & Gas Sector
An initiative aimed at incentivizing investors in Nigeria’s oil and gas sector to attract $10 billion in investment was unveiled yesterday by Wale Edun, the […]
EFCC Stands Firm: Former Kogi Governor Yahaya Bello to Face Prosecution for $720,000 Tuition Fraud!
The Economic and Financial Crimes Commission (EFCC) is resolute in its decision to prosecute former Kogi State Governor Yahaya Bello for alleged financial misconduct, including […]
CBN Boosts Forex Access: BDCs to Sell at N1,036.15 per Dollar!
The Central Bank of Nigeria (CBN) has announced a second intervention this month, allowing licensed Bureau De Change (BDC) operators nationwide to purchase $10,000 each. […]
EFCC: Former Aviation Minister Arrested for Alleged N8.06 Billion Fraud, Emefiele Faces Fresh Charges!
The former Minister of Aviation, Hadi Sirika, has been arrested by the EFCC and is set to face charges alongside his brother, Abubakar, following an […]
EFCC Set to Prosecute 300 Forex Racketeers in Major Crackdown!
The Economic and Financial Crimes Commission (EFCC) is set to prosecute 300 forex racketeers operating on a peer-to-peer platform outside financial regulations. This move comes […]
Dangote Refinery Slashes Diesel and Aviation Fuel Prices: N940 and N980 per litre!
Dangote Petroleum Refinery has once again made headlines by announcing a significant reduction in the prices of diesel and aviation fuel. The new prices, set […]
Naira Surge Sparks Rice Price Drop: Bags Now at N67,000 in Major Cities!
The recent strengthening of the naira against the dollar has led to a drop in the price of a 50-kilogram bag of rice, now averaging […]
IPMAN Foresees Further Diesel Price Drop to N700/Litre Thanks to Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is optimistic about further reductions in diesel prices, expecting Dangote refinery’s impact to bring it down to […]