Okonjo-Iweala narrates ordeal with fuel subsidy cabal
The current Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala has said that the concept of fuel subsidy removal isn't new as she narrated her ordeal with a…
NCF offers workable solutions to plastic pollution
The Nigerian Conservation Foundation declares that it is prepared to offer real answers to the plastic issue through straightforward and flexible eco-friendly tactics as the world struggles to combat the…
ICPC to investigate abandoned N45bn NASS constituency projects
Juliet Buna Documents reveal that the Independent Corrupt Practices and other related offenses Commission has discovered National Assembly members’ uncompleted constituency projects worth over N45 billion. According to The PUNCH,…
Walt Disney’s Pixar Animation cuts 75 jobs
75 positions have been terminated at Walt Disney's Pixar Animation Studios, including those of the two executives behind the box office flop "Lightyear." According to Reuters, sources stated on Saturday…
Increase in taxes raises household spending, says former NBS DG
Chief Economist at KPMG Nigeria and former Director-General of the National Bureau of Statistics, Dr. Yemi Kale, has expressed worries about the possible detrimental effects of increased taxation on household expenditure…
Okonjo-Iweala, IMF MD demand improvement of international trade
Director General of the World Trade Organisation, Dr. Ngozi Okonjo-Iweala, and the Managing Director of the International Monetary Fund, Kristalina Georgieva, have emphasized the importance of increased global trade in a policy paper…
Reps permit NIMASA to distribute $360m cabotage fund
The $360 million Cabotage Vessel Finance Fund will now be distributed to eligible Nigerian shipowners by the Maritime Administration and Safety Agency of Nigeria. According to Nairametrics, this information was…
Subsidy: Why FG won’t fix petrol prices again, NMDPRA reveals
By Wilson Adekumola The Nigerian Midstream and Downstream Petroleum Regulatory Authority has explained the reasons Federal Government would no longer fix prices or release templates for Premium Motor Spirit…
Why competitive market is best for consumers – FFCPC
The Federal Competition and Consumer Protection Commission's Executive Vice-Chairman and Chief Executive Officer, Babatunde Irukera, has stated that the competitive market is the best market for consumers. According to Arise News,…
Mastercard Foundation signs $45m contract with African vaccine manufacturer
The Senegalese Foundation Institut Pasteur de Dakar and the Canadian-based Mastercard Foundation have partnered on a multi-year project to build up human capacity for the production of vaccines. Nairametrics reported that…
2023 Budget: BudgIT questions FG’s N81.7bn streetlight allotment
BudgIT has questioned the Federal Government's allocation of N81.7 billion for the building of solar streetlights in the 2023 budget. According to Nairametrics, in a statement issued on Friday, the…
Lagos to establish industrial hub in Ikorodu
Lagos State Government has earmarked a community in Ikorodu for the establishment of an industrial hub. This is as the government disclosed that the administration of the Governor, Babajide…