Business
Nigeria’s Import Dependency Worsening Inflation – Edun
In an urgent address to the National Economic Council (NEC) on Tuesday, Nigeria’s Minister of Finance, Wale Edun, outlined the deep-rooted challenges Nigeria faces...
Business
Nine-Month Grace: Nigerians Holding Dollars Outside Banks Can Now Deposit Without Penalty
The Federal Government has introduced a new policy allowing Nigerians who hold dollar cash outside the banking system to bring those funds into banks...
Business
IMF Defends Petrol Subsidy Removal, Floating of Naira
The International Monetary Fund (IMF) has reaffirmed its position on Nigeria’s economic reforms. The global financial institution insists that Nigeria should remove petrol subsidies and...
Business
Poultry, Others: FCCPC Exposes Cartel Manipulating Prices
The Federal Competition and Consumer Protection Commission (FCCPC) has raised an urgent alarm about a cartel inflating prices of goods and services across Nigeria. At...
News
Marketers Dispute Dangote Refinery’s 500million Litres Fuel Stockpile Claim
Nigerian petrol marketers are expressing frustration over their inability to purchase fuel from Dangote Refinery. This situation arises amid a troubling increase in fuel prices...
Business
Nestle Nigeria Records Staggering N255bn Loss in First Nine Months
Nestle Nigeria Plc has recorded a massive pre-tax loss of N255.38 billion in the first nine months of 2024. This shocking result marks a dramatic...
Business
Cardoso Critiques Predecessors’ Unorthodox Methods Of Economic Growth
Olayemi Cardoso, the new governor of the Central Bank of Nigeria (CBN), has made headlines with his strong critique of former governor Godwin Emefiele's...
News
Northern Outage: Adelabu Promises No Billing for Customers During Blackouts
Following a series of widespread power outages across Nigeria’s north-eastern, north-western, and north-central regions, President Bola Tinubu has instructed the Transmission Company of Nigeria...