The Naira faced a depreciation, reaching N1,365 per dollar in the parallel market from N1,320 per dollar previously. Simultaneously, in the Nigerian Foreign Exchange Market […]
Category: Economy
Economy
Federal Government Raises N11 Trillion Through Treasury Bills and Bonds
The Federal Government has garnered a total of N11 trillion through auctions and sales of Treasury bills and savings bonds issuance over four months, as […]
Cubana Chief Priest Advises Nigerians to Avoid EFCC Troubles Over Naira Abuse
Socialite Cubana Chief Priest, also known as Pascal Okechukwu, has cautioned Nigerians against getting into trouble with the Economic and Financial Crimes Commission (EFCC) over […]
VP Shettima Defends Tough Economic Decisions by President Tinubu’s Administration
Vice President Kashim Shettima has defended President Bola Tinubu’s tough economic decisions, stating they were necessary to address the challenges inherited from the previous administration. […]
Nigeria Police Force Launches Schools Protection Squad in Kano State
The Nigeria Police Force (NPF) has launched the Schools Protection Squad (SPS) in Kano state to safeguard schools, students, and teachers from kidnappers and armed […]
Lagos State Government Discovers Under-Bridge Apartment in Ikoyi
The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, revealed the discovery of an apartment under the Dolphin Estate Bridge in Ikoyi, where […]
Senator Adams Oshiomhole Supports Minimum Wage Increase
Senator Adams Oshiomhole, representing Edo North, has expressed support for increasing the minimum wage in Nigeria. In an interview on Channels Television’s Politics Today, he […]
NDIC Increases Deposit Insurance Coverage for Financial Institutions
The Nigeria Deposit Insurance Corporation (NDIC) has raised deposit insurance coverage for all licensed deposit-taking financial institutions, including Deposit Money Banks (DMBs), Microfinance Banks (MFBs), […]
Consumer Protection Tribunal Orders MultiChoice to Halt DSTV Tariff Increase
The Competition and Consumer Protection Tribunal in Abuja has directed that an interim order restraining MultiChoice Nigeria Limited from increasing DSTV tariffs be displayed prominently […]
EFCC, Cubana Chief Priest Agree to Settle Naira Abuse Charge Out of Court
The Economic and Financial Crimes Commission (EFCC) and celebrity barman, Cubana Chief Priest, have agreed to settle the naira abuse charge against the socialite out […]