The 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 federal government on Tuesday, 16 April disclosed that it is making progress in consultations over possibilities of reopening the nation’s land borders with neighbouring countries and meeting representatives of...
Read moreDetailsPresident Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation's economy to new heights. The initiative is another bold statement on...
Read moreDetailsFewer than 15 Federal Government ministries, departments, and agencies (MDAs), including the Presidency, and their associated agencies have allocated a staggering N8,997,097,623 billion to welfare packages out of the over...
Read moreDetailsThe National Identity Management Commission (NIMC) says it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the new national identity card to applicants. The card will be...
Read moreDetailsThe Nigeria Deposit Insurance Corporation (NDIC) has declared its support for the Central Bank of Nigeria (CBN) drive to recapitalize banks to boost the nation’s economic resiliency. The Managing Director...
Read moreDetailsKPMG, a global audit, tax, and advisory services company, has stated that the recent decision by the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) to...
Read moreDetailsThe total inflows into the foreign exchange (forex) market rose by about 42 per cent last month to hit its highest level in the past five years as domestic and...
Read moreDetailsPresident Bola Tinubu has approved the appointment of Engineer Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation, CREDICORP. A statement issued by the presidential...
Read moreDetailsThe 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...
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