FG Spends N30.6tn, Saves N15.8tn 30-months Following Subsidy Removal
The Federal Government has spent N30.64 trillion in government expenditures to mitigate the impact of President Bola Tinubu's policies, which have resulted in N15.8...
Selling Forex To Banks To End In 2022 – CBN
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the...
Port Harcourt Refinery To Commence Operation In Two Week, Kyari Assures
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation Ltd (NNPCL), Mele Kyari, has said the Port Harcourt refinery will commence operations...
BUA Chairman, Alhaji Abdulsamad Vows Not To Increase Products’ Price During Ramadan
The Chairman, BUA Group of Companies, Alhaji Abdulsamad Isyaku Rabiu, has promised Nigerians that the company will not increase the price of its products...
Matawalle Threatens Arrest Against Anyone Rejecting Old Naira Notes
Governor Bello Matawalle of Zamfara has ordered the arrest of anyone who refuses to accept the old currency notes of two hundred, five and...
CBN Under Pressure To Extend Jan. 31 Deadline For Use Of Old Naira Notes
There has been an increased pressure on the Central Bank of Nigeria (CBN) to extend the January 31 dateline for phasing out old N1,000,...
Humanitarian Affairs Minister, Edu Decries Low Budgetary Allocation To Her Ministry, Says N532.5bn Can’t Fight Poverty
The Minister of Humanitarian Affairs, and Poverty Alleviation, Beta Edu, has said that the amount allocated to her ministry in the 2024 budget was...
MTN, Airtel Secure Approval For Payment Service Bank
MTN Nigeria and Airtel Africa have secured approval in principle to operate a payment service bank (PSB). The telecommunications giants disclosed this in regulatory filings...
Farmers Slams FG’s Police As Agro-imports Hit N2.2tn
Nigeria’s agricultural import bill soared to N2.22tn in the first half of 2025, drawing strong criticism from farmers, rice millers, and stakeholders who argue...
CBN Maintains Monetary Policy Rate At 27.50% Amid Inflationary Pressures
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 27.50 percent, marking its second consecutive hold...
