VIDEO: Ohafia Traditional Rulers Council Unveils Economic Development Masterplan
In a groundbreaking move, the Ohafia Traditional Rulers Council (Nde Eze Ohafia) has launched a comprehensive economic development package aimed at transforming Ohafia Local...
CBN Increases Customs Duty Rate To N1,605.82 Per Dollar Once More
Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central Bank of Nigeria (CBN)...
Costs Of Food, Gas, Fuel Push Inflation To 28.20%, Says NBS
Following the rise in the costs of food, fuel, energy, electricity, and others, the National Bureau of Statistics (NBS) on Friday, December 15, said the inflation...
End Fuel Subsidy Now, Save Nigeria’s Economy – Dangote Tells FG
The founder of Dangote Petroleum Refinery, Aliko Dangote, has said it’s time for the federal government to end the fuel subsidy regime. In an interview...
Finance Bill: “Implementation date will be announced soon” – FG
The Ministry of Finance on Tuesday said that the take-off date for the implementation of the newly signed Finance Law would be announced in...
Fitch Ratings Cautions FG Against Liquidity Risks In $5bn Swap
Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating...
₦5.548 Trillion Available To Fund 2020 Budget – Finance Minister
The Minister of Finance, Zainab Ahmed, revealed that the amount available for funding the 2020 Budget is now estimated at N5.548 trillion while briefing...
Naira Now N1,395/$ In Parallel Market
THE Naira yesterday depreciated to N1,395 per dollar in the parallel market from N1,386 per dollar last Friday. Similarly, the naira depreciated to N1,385 per...
“Nigeria Can’t Achieve Building a $1tn Economy On Outdated Data”—Speaker Abbas
The Speaker of the House of Representatives, Tajudeen Abbas, on Monday said Nigeria cannot achieve its ambition of becoming a $1 trillion economy without...
Total Blackout In Abuja, Abia, Imo, Others As National Grid Collapses
Abuja Electricity Distribution Company, AEDC has confirmed power outage in Abuja due to collapse of national grid. AEDC in a statement on its Twitter page...
