Lagos community begs Ikeja Electric foe new transformer
Members of Alimosho Local Government Area of Lagos, have appealed to a Nigerian Distribution Company, Ikeja Electric to fulfil the promise it…
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Nigeria’s inflation rate hits 21.91%
The National Bureau of Statistics on Wednesday reported that Nigeria’s inflation rate has risen to 21.91%. The increase in inflation rate accounts…
Banks slash travel allowance, foreign school fees over FX shortage
Deposit Money Banks have slashed the amount their customers can apply for Personal Travel Allowance and schools fees as the foreign exchange…
Oil marketers shun CBN directive, reject old naira notes
Petrol marketers of Premium Motor Spirit, aka. Petrol stations, have continued to reject the old naira notes despite the recent directive from…
Old naira: Buhari never told Emefiele, Malami to shun S’Court order, says presidency
Juliet Buna The Presidency has denied allegations that it ordered the Attorney general and Central Bank of Nigeria to defy the…
Emefiele orders banks to dispense old naira notes – Soludo
By Christian George The Central Bank of Nigeria has mandated commercial banks to dispense and accept deposits of old N500 and N1000…
Sales of crude oil increase by 46% to N21tn – NBS
Nigeria’s exports of crude oil increased by 46.41 percent in 2022, bringing the total to N26.79 trillion. The Punch reported that the entire…
Fuel scarcity’ll continue after polls, marketers warn
The Independent Petroleum Marketers Association of Nigeria, has warned that the lingering fuel scarcity will continue till after the general…
Nigeria’s fiscal deficit hits N7.34trn in 2022
The Central Bank of Nigeria in its figure recorded a fiscal deficit of N7.34 trillion between January 2022 and November 2022. The…
No plan to sue Nigerian govt – Huawei
A media report claiming that Huawei Technologies, a global provider of ICT infrastructure, had decided to challenge the Federal government in London…
NNPCL stocks of 2.1bn litres of petrol ahead of gov election
NNPCL’s Chief Corporate Communications Officer, Mr. Garba Deen Muhammad, has said in a statement that the company’s most recent updates, revealed that…
BREAKING: Old N200, N500, N1000 valid till Dec 31- Supreme Court
Juliet Buna The Supreme Court of Nigeria on Friday in Abuja nullified the Federal Government’s cashless and Naira redesign policy, declaring it…