The World Bank has stated that fiscal balances are improving, largely due to the ongoing fiscal consolidation efforts in Nigeria and other Sub-Saharan African nations. The bank noted this in...
Read moreDetailsThe Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that Nigeria lost $34 billion in the last two and a half years due to the fall in...
Read moreDetailsThe Central Bank of Nigeria (CBN) maintained Cash Reserve Ratio (CRR) at 32.5 per cent in 2023, Zenith Bank Plc and nine other banks’ restricted deposits increased to N17.1 trillion,...
Read moreDetailsThe National Union of Electricity Employees (NUEE) stated that the recent hike in electricity tariff from N68/kWh to N225/kWh was absurd in a country where many citizens grappled with basic...
Read moreDetailsThe Port Harcourt Refining Company Limited (PHRC) is yet to commence operations despite assurances by the authorities that it will come on stream about two weeks ago. Stakeholders believe that...
Read moreDetailsThe combined effect of monetary and fiscal policies has resulted in a significant slowdown in the previous quantum leap in costs of living. But the strains from the recent past...
Read moreDetailsThe naira hit the brakes on some of its gains yesterday and the past few weeks selling at N1,050/$1 to the dollar at the parallel market, as the external reserves...
Read moreDetailsTwo superfoods prevent dementia, cancer and early death say researchers Researchers say two food types are great for maintaining a healthy lifestyle. Note that the items which can be bought...
Read moreDetailsPresident Bola Tinubu says his administration remains undeterred in its pursuit of comprehensive economic security for the country while addressing foundational challenges and creating a fair and equitable system...
Read moreDetailsThe First Lady, Senator Oluremi Tinubu, has launched the Renewed Hope Initiative – Women Agricultural Support Programme (RHI-WASP) simultaneously in four zones of the federation: the Southwest, the Northcentral, the...
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