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 […]
Category: Economy
Economy
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 […]
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 […]