Cement Cost: Reverse To Old Price Now, Tinubu Tells Dangote, BUA, Others
President Bola Ahmed Tinubu has directed cement companies to go back to the status quo as regards to the price of the commodity. Minister of...
Banks Struggle As Bad Loans Hit ₦21.2 Trillion: FX Shocks, Soaring Interest Rates, And End Of COVID Forbearance Fuel Defaults
Nigeria’s banking sector is grappling with a surge in bad loans as rising interest rates, foreign exchange volatility, and the withdrawal of COVID-era loan...
FG Summons Cement Manufacturers Over Increasing Cost
The Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement. He expressed worry that, despite...
Dollar To Naira Exchange Rate Today, April 6, 2026
The Nigerian Naira maintained a stable trajectory against the United States Dollar as the first full trading week of April 2026 commenced. Market performance...
FCCPC Seals Abuja Sahad Stores Over Pricing
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the Sahad Stores Supermarket in Abuja for price gouging. Price gouging is the practice of...
FG Earmarks N2.55tr For Subsidy In Supplementary Budget
President Muhammadu Buhari has earmarked N2.55trillion for fuel subsidy in the 2022 Supplementary Appropriation Bill transmitted to the National Assembly for consideration and approval. The...
VP Shettima Jets Out To Switzerland For World Economic Forum
The Vice President, Senator Kashim Shettima, has departed Abuja for the World Economic Forum in Davos, Switzerland. This was disclosed in a statement on Sunday...
CBN Says It’s Been Begging Banks To Pick New Naira Notes, Vows To Go Tough
The Central Bank of Nigeria (CBN) says it has been begging commercial banks to pick up the new Naira notes. The apex bank had redesigned...
Nigeria Spending $25bn On Petrol Importation Yearly – Shettima
Vice-President Kashim Shettima has revealed that Nigeria spends $25 billion per annum on the importation of petroleum products. He said that the importation of fuel...
APC Not Stopping Commissioning Of Anambra Airport, Says Andy Uba
Mr Victor Ogene, Director, Media and Publicity for Sen. Andy Uba Governorship Campaign Organisation, on Saturday described as fake news associated with Ubah to...
