Nigerians across social media platforms such as X (formerly Twitter), Facebook, and Instagram have voiced their displeasure at the recent hike in fees for the […]
Category: Economy
Economy
EFCC Releases Sacked Hajj Commission Chairman and Secretary on Bail Amidst Ongoing N90bn Fund Probe
The Economic and Financial Crimes Commission (EFCC) has released Jalal Arabi, the sacked Chairman of the National Hajj Commission of Nigeria, and the commission’s secretary, […]
Togo and Benin Fails to Pay $14.19 Million for Nigerian Electricity in Q1 2024
International bilateral customers in the Nigerian electricity supply industry did not make any payments against the cumulative invoice of $14.19 million issued by the Market […]
NNPCL Confirms N5.1tn Debt in 2023 Fuel Importation, Sparks Criticism Over Transparency
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Federal Government incurred a debt of N5.1 trillion in under-recovery and energy security expenses […]
Aviation Agencies Panic as FG Increases Treasury Single Account (TSA) Contribution to 50%
The Federal Government’s decision to raise the contribution of aviation agencies to the Treasury Single Account (TSA) from 40% to 50% has ignited widespread concern […]
NNPC Clarifies: No Fuel Subsidy Payments Made in Last Nine Years
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that it has not paid any fuel subsidy to marketers or any other entities in […]
NEMA Delivers 1,528.2 Metric Tonnes of Grains to Jigawa State Under Presidential Food Support Program
The National Emergency Management Agency (NEMA) has distributed 1,528.2 metric tonnes of assorted grains to Jigawa State as part of a federal initiative to support […]
Former Senator Ishaku Abbo Reveals Financial Struggles During Tenure, Claims N14.4 Million Monthly Allowances Insufficient
Ishaku Abbo, a former senator from the Adamawa North Senatorial District, has opened up about the financial challenges he faced during his time in the […]
Donald Duke Urges Govt to Slash Energy Costs to Tame Inflation
Former Cross River Governor Donald Duke has warned that Nigeria’s inflation rate of 33.40% won’t drop significantly unless the federal government addresses high energy costs. […]
NNPCL Refutes $6.8 Billion Debt Allegations
The Nigerian National Petroleum Company Limited (NNPCL) has strongly denied allegations that it owes international oil traders a debt of $6.8 billion. The company issued […]