Barely a month after announcing the commencement of operations at the 125,000 barrels-per-day (bpd) Warri Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has confirmed […]
Category: Economy
Economy
NIMC Detects Over 6,000 Nigeriens with Nigerian NINs Amid Database Cleanup
The National Identity Management Commission (NIMC) has identified over 6,000 individuals from Niger Republic who illegally obtained the National Identification Number (NIN) in Nigeria. This […]
Poultry Association Predicts Drop in Egg Prices Amid Lagos State Feed Subsidy
The Poultry Association of Nigeria (PAN), Lagos State chapter, has projected a reduction in egg prices, citing the state’s feed subsidy program as a key […]
Former Power Minister, Olu Agunloye, Re-Arraigned Over Alleged N5.2 Million Fraud in Mambilla Hydropower Project
Former Power Minister, Olu Agunloye, Re-Arraigned Over Alleged N5.2 Million Fraud in Mambilla Hydropower Project The Economic and Financial Crimes Commission (EFCC) has re-arraigned former […]
National Assembly Set to Pass ₦49.7 Trillion 2025 Budget This Week
Indications suggest that the National Assembly may pass the ₦49.7 trillion 2025 Appropriation Bill this week, as the Senate and House of Representatives’ Joint Committees […]
CBN Pursues Policies to Position Nigeria’s Banking Sector for a ₦1 Trillion Economy
The Central Bank of Nigeria (CBN) is implementing policies aimed at strengthening the banking sector and positioning the economy for a ₦1 trillion transformation, according […]
Outrage Erupts Over 50% Telecom Tariff Hike as Nigerians Rally Against Burden
The Federal Government’s approval of a 50% hike in telecommunications tariffs has sparked widespread backlash, with the Nigeria Labour Congress (NLC) leading calls for Nigerians […]
Tinubu Administration Spends N300 Billion on FCT Development, Says Wike
The administration of President Bola Tinubu has invested over N300 billion in the development of the six Area Councils in the Federal Capital Territory (FCT), […]
CBN Governor Pledges to Address Commoditization of the Naira
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has pledged to tackle the growing trend of Naira commoditization, describing it as […]
World Bank Debars Nigerian Firms, CEO for Corruption in Social Safety Nets Project
The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their Managing Director […]