FG spends $600m on fuel importation monthly – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600m on fuel importation monthly. He stated that the high import…
Import duty waiver on rice, beans, others start next week – FG
The guidelines for the suspension of customs duty and taxes on imported food items are to commence next week, the Federal Government announced on Tuesday. In July the Federal Government…
Global stocks rebound after historic plunge
Most equities rallied Tuesday after the previous day’s global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its…
Fintech firms unveil plan to bridge financial gap in Jigawa
Fintava, a Nigerian fintech company, and Bizipay, an agent network in Kano have unveiled an initiative aimed at expanding financial access to over 100,000 unbanked individuals in Jigawa State. The…
Global market decline hits Nigerian stocks as traders lose ₦93bn
The Nigerian Equity Market experienced a downturn on the first trading day of the week on Monday mirroring the broader global market decline. This decline resulted in a N93bn loss…
Meta apologises for removing Malaysian PM’s posts on Hamas leader
Tech giant Meta apologised Tuesday for removing social media posts by Malaysian Prime Minister, Anwar Ibrahim, about the assassination of Hamas leader Ismail Haniyeh. The apology came a day after…
Abati makes case for Mele Kyari over Reps’ dismissal request
Dr. Reuben Abati, a veteran journalist and former Senior Adviser on Media and Publicity to former President Goodluck Jonathan, on Monday, dismissed call by a fragment of the House of…
CBN to commence FX Dutch auction system wednesday following rise in dollar demand
The Central Bank of Nigeria (CBN) says it will commence a Retail Dutch Auction System to address foreign exchange fluctuations in the country’s forex market. The apex bank disclosed this…
Tinubu commends increased crude production to 1.61 mbpd
| Says output surge buoyed by reforms he announced in May 2024 to address gaps in PIA President Bola Tinubu on Sunday declared a resurgence in the oil & gas…
New twist in Dangote diesel quality debacle
| As Abuja based online newspaper provides shocking details Following a comprehensive analysis of data sourced from certified laboratory results and delivery records, Abuja based Newspaper, Politics Nigeria, reports that…
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