Central Bank of Nigeria (CBN) Governor Yemi Cardoso has revealed that law enforcement agencies are investigating foreign exchange forwards valued at around $2.4 billion, deemed […]
Category: Economy
Economy
Federal Government Launches Legal Blitz Against Binance Over Tax Evasion Charges
The Federal Government has commenced legal action against Binance, a cryptocurrency exchange platform, filing charges at the Federal High Court in Abuja. This move was […]
Federal Government Unveils Plan to Empower Youth with Revamped Centers Nationwide
The Federal Government is gearing up to refurbish and enhance 42 youth centres nationwide as part of efforts to bolster empowerment initiatives. Minister of Youth […]
NAFDAC Busts Fake Bottled Water Syndicate in Rivers State, Arrests Distributor
The National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered a fake bottled water syndicate operating at the Pipeline Road axis of […]
House of Representatives Approves Extension of 2023 Budget Implementation
The House of Representatives has granted approval for the extension of the implementation period for the capital component of the 2023 budget, as well as […]
Abia Assembly Bans Lavish Pensions for Ex-Governors!
The Abia House of Assembly passed a bill on Tuesday to halt the payment of pensions to former governors and their deputies in the state. […]
House of Representatives Calls for Ban on Fabric Importation to Boost Local Industry
The House of Representatives has called on the Federal Government to prohibit and criminalize the importation of Adire/Kampala and other fabric imitations produced locally to […]
Northern Farmers Under Siege: Bandit Attacks Claim Over 165 Lives, Ransom Demands Soar
Farmers across several states in Nigeria, including Benue, Sokoto, Niger, and Plateau, are facing severe challenges due to attacks by bandits. According to reports, over […]
Federal Government Vows Full Support for Eastern Ports Revitalization
The Federal Government has pledged full support to the Nigerian Ports Authority (NPA) in addressing the factors hindering the optimal use of ports and national […]
Vice President Shettima Promises Prosperity in Face of Economic Reforms
As Nigerians grapple with economic challenges stemming from President Bola Tinubu’s reforms, Vice President Senator Kashim Shettima has offered reassurance, promising a prosperous future ahead. […]