Category: featured

Naira scarcity continues, traders ration cash

A number of small-scale farmers and vendors have voiced their dissatisfaction with the ongoing financial...

Electricity subsidies consume N376bn in nine months

The Federal Government spent N375.8 billion on electricity subsidies between January and September of this...

99.9% households yet to receive FG’s cash transfer – W’Bank

The World Bank has reported that approximately 99.9% of targeted poor and vulnerable households are yet...

Netflix commits over $23.5m into Nigeria entertainment industry – FG

    By Wilson Adekumola The Minister of Art, Culture and Creative Economy, Mrs Hannatu...

Power sector cash flow hits N900bn – FG

Nigeria’s power industry saw a rise in liquidity from N282 billion in 2015 to N900...

NNPCL defends fuel import monopoly

Nigerian National Petroleum Company Limited, Mele Kyari, has justified the company’s present monopoly in fuel...

Tinubu fires Kabir Mohammed as FAAN MD

President Bola Tinubu has announced the removal of Kabir Yusuf Mohammed as Managing Director of...

Tinubu swears in new ICPC, FCSC chairmen

President Bola Tinubu has officially sworn in Musa Adamu as the new Chairman of the...

Nigeria gets 40,000MW power from generators- FG

The Federal Government announced on Tuesday that generators running on Premium Motor Spirit, also known...

Naira trades 864/$ on official market as dollar supply rises

The naira closed at N864.29/$ on the official Investors and Exporters window, up 27.16 percent...

PFAs profit N8trn from pension investments – Report

A recent report states that the Pension Fund Administrators have raked in a profit of N7.98...

$321,867 SMEs receive $1.4bn funding in six years – W’Bank

The World Bank said in a report on Friday that 321,867 Micro, Medium, and Small...