The Federal Government has taken action against online platforms like Binance and others in the cryptocurrency sector, alleging forex market manipulation. Binance, a digital […]
Category: Economy
Economy
Government Bans Cooking Gas Export
The Nigerian Federal Government has banned the exportation of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, to reduce its price and […]
CBN Ordered to Pay German Businessman N63.7m for Unlawful Detention
A Federal High Court in Abuja has instructed the Central Bank of Nigeria (CBN) to compensate a German national, Martin Gegenheimer, with N63.7 million […]
NLC President Slams DSS, Vows Peaceful Protest Despite Warning
The leadership of Organised Labour has responded to the Department of State Services (DSS) following its warning to shelve the proposed protest scheduled […]
Economic Woes Worsen in Nigeria as Petrol Price Hits ₦1000 Per Litre
The Nigerian economy may have gone from having a ‘bad day’ to slumping into full blown crisis. On Wednesday, despite the efforts by the […]
Niger State Civil Servants Strike: Workers Sent Home, Offices Closed Amidst Lockdown
Niger state civil servants commenced an indefinite strike today, Wednesday, February 21, students were sent home, court proceedings were suspended, and government offices remained […]
President Tinubu Appoints Hafsat Bakari as NFIU Director
President Bola Tinubu has given his approval for the appointment of Hafsat Bakari as the Director/Chief Executive Officer of the Nigerian Financial Intelligence […]
Deputy Speaker Kalu Claims Economic Challenges Temporary, Hope on the Horizon
Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, offered reassurance to Nigerians during Tuesday’s plenary, stating that the current […]
Government Warns Cement Manufacturers to Lower Prices or Face Border Import
The Federal Government has issued a stern warning, indicating the possibility of reopening borders to cement imports if local manufacturers do not comply with reducing […]