The Central Bank of Nigeria (CBN) has intensified efforts to manage the money supply by conducting its first Open Market Operations (OMO) auction in April 2024 and selling N676.65 billion...
Read moreDetailsThe Nigerian Customs Service (NCS) has expressed concerns over the multiple adjustments of customs import duty rates which have affected the volume of transactions in the first quarter of 2024....
Read moreDetailsThe Nigeria Customs Service (NCS), yesterday, said in the first quarter of 2024, it demonstrated remarkable performance in revenue collection, collecting a total revenue of N1,347,675,608,972.75. Comptroller General of NCS,...
Read moreDetailsIn about two years of tariff freeze in the power sector, the Federal Government on Wednesday, 03 March increased the rate paid per kilowatt hour (kWh) of electricity from about...
Read moreDetailsPresident Tinubu has said no student will drop out of university over inability to pay tuition. He spoke yesterday, 03 March after signing the Student Loans (Access to Higher Education)...
Read moreDetailsIn the fight to curb the illegal activities of oil-bunkers in the country, the Nigerian Navy Ship (NNS) Beecroft Apapa, yesterday, arrested no fewer than three suspects operating an illegal...
Read moreDetailsIn news development, the Chief of Defence Staff, General Christopher Musa, yesterday, said the military men in the Okuama community were legally deployed with a mandate from the Commander-in-chief of...
Read moreDetailsThe are current indications that Nigeria’s dependence on imported petrol will reduce as the $20 billion Dangote refinery has concluded plans to begin supply of petrol to Nigeria’s domestic market...
Read moreDetailsThe naira, on Wednesday, continued its gain against the United States dollar, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the...
Read moreDetailsOrganized labour unions and manufacturers have cried out against the Federal Government’s almost 240 per cent hike in the tariff payable by electricity users enjoying a 20-hour power supply. They...
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