Category: News

Forex remittances crash by 48% amid dollar shortage – CBN report

The country’s total direct remittances dropped by $119.4m to $130.12m as of January 2022 from...

Twitter won’t be free for commercial, govt users, says Elon Musk

Elon Musk, on Wednesday, said Twitter commercial and government users may have to pay to...

Overdue debt repayment weak in most states, DMO warns

The Director-General, Debt Management Office, Ms Patience Oniha, has said that many state governments still...

Recapitalisation: PenCom probes PFAs’ funds as deadline ends

THE National Pension Commission is investigating the nation’s Pension Fund Administrators evidence of meeting its...

Nigeria has 70% road infrastructure deficit, says minister

The Minister of Mines and Steel Development, Olamilekan Adegbite, has disclosed that Nigeria has about...

Rising insecurity, naira fall worsening business environment – NGF

The Director-General, Nigeria Governors’ Forum, Mr Asishana Okauru, says worsening insecurity and currency depreciation have...

Bakers hike bread price again, cite forex crisis, others

Bakers under the aegis of the Premium Breadmakers Association of Nigeria have said they will...

Uzodinma declares illegal refinery owner wanted as explosion kills many  

No fewer than 100 people died on Friday night after an illegal refinery exploded at...

SIM-NIN: Telecom consumers set to sue FG, demand policy suspension

TELECOMMUNICATION subscribers under the aegis of the National Association of Telecoms Subscribers have said they...

Kuda Bank defends customer’s harassment amid criticisms

KUDA Bank has said the event leading up to one of its customers being forcibly...

131,376 retirees withdraw N32bn, quit pension scheme

AT least 131,376 workers, who retired from active service, cannot be placed on monthly pensions,...

External reserves return to growth path, gain $243.83m

Nigeria’s external reserves rose by $243.83m in 19 days, according to figures obtained from the...

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