The Chief Executive Officer/CEO of the Major Energy Marketers Association of Nigeria, MEMAN, Mr. Clement Isong, has confirmed that oil marketers have commenced the lifting […]
Category: Economy
Economy
Nigerian Army Hands Over 441kg of Suspected Cannabis Sativa to NDLEA in Ogun State!
The Nigeria Army’s 35 Artillery Brigade, Alamala, Abeokuta, announced on Tuesday that it had transferred 441 pawpaw-sized parcels suspected to be cannabis sativa, weighing 223kg, […]
Senator Sunday Karimi: Tinubu’s Administration Inherited Worst Economic Challenges
Senator Sunday Karimi of Kogi West has highlighted the economic challenges inherited by President Bola Tinubu’s administration, calling it the worst in the Fourth Republic. […]
Government Adopts Virtual Crude Oil Evacuation to Combat Theft and Losses
The Federal Government has embraced a virtual method of evacuating crude oil, employing barges and trucks for transportation from production sites to injection/storage points before […]
National Average Cost of Healthy Diet Surges: NBS Report Reveals Regional Disparities
The National Bureau of Statistics (NBS) reported that the National Average Cost of a Healthy Diet (CoHD) per adult per day was N938 in February […]
NSCDC Cracks Down on Oil Thieves in Anambra
The Nigeria Security and Civil Defence Corps (NSCDC), Anambra State Command, has apprehended three suspected oil thieves operating in the state. Commandant Olatunde Maku, speaking […]
VP Shettima Assures Naira Stability: Promises Continued Government Support
Vice President Kashim Shettima has provided assurance that the Naira will maintain its stability in the upcoming weeks and months. He made this statement during […]
NSCDC Busts Illegal Oil Refineries: 5 Arrested in Rivers State Crackdown
The Nigerian Security and Civil Defence Corps (NSCDC) in Rivers State apprehended five individuals at illicit bunkering sites in Odagwa community, Etche Local Government Area. […]
Nigeria’s CBN Governor Reveals $2.4 Billion Forex Scandal
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 […]
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 […]