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Economy

e-Naira: CBN unveils USSD code in Kano

The Central Bank of Nigeria (CBN) has unveiled the the *997# USSD code in Kano to reduce the use of cash in commercial activities...
Economy

FG, states, LGs get N954b from FAAC

The Federation Account Allocation Committee (FAAC) has shared N954.085 billion Federation Account Revenue to the Federal Government, States and Local Government Councils. This is contained...
Economy

Economic Collapse: NLC criticises NGF’s recommendations to FG

The Nigerian Labour Congress (NLC) has criticised the Nigerian Governors Forum recommendations to the Federal Government on how to save the country from economic...
Economy

Crude oil theft sabotaging Nigeria’s economy, says Uzodinma

Gov. Hope Uzodinma of Imo says the continuos theft of crude oil in the country was a direct sabotage to Nigeria’s economy. He said this...
Economy

FAAC allocation rises 18%, FG, states share N802bn

The federal, state and local governments shared N802.407bn as federation allocation for the month of June, 2022. This represents 18 per cent increase from...
Economy

CBN raises interest rate to 14%

The Central Bank of Nigeria, on Tuesday, raised the interest rate to 14 per cent. The new interest rate comes barely two months after the...
Economy

Nigeria loses 20% crude production to oil thieves daily – Adewale Tinubu

Mr Adewale Tinubu, the Group Chief Executive Officer, Oando Plc, says Nigeria is losing about 20 per cent of its crude oil production to...
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ICPC warns corps members against corrupt practices

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The Independent Corrupt Practices and Other Related Offences Commission...

PRP warns FG against hosting US, French military bases in Nigeria

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Ikeja Electric reduces electricity tariff for Band A customers

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Ikeja Electric Distribution Company has announced reduction of electricity...

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