Dangote Signs $400m Equipment Deal To Fast-Track Refinery Expansion
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery,...
Nigeria’s Money Supply Drops Sightly To N123trn
…as currency outside bank drops 3% •Credit to govt, private sector shrinks Nigeria’s money supply (M²) fell by 0.8 percent month-on-month (MoM) to N123.4 trillion in...
Air Travel Fees Increases By 8.70% In One Year: NBS
The National Bureau of Statistics (NBS) has said in one year, air transport fare rose by 8.70% from N72,690.54 in September 2022 to N79,013.48 in September...
FIRS Defends FG’s Borrowing Framework As Legitimate
The Federal Inland Revenue Service, FIRS, yesterday defended the federal government’s borrowing plan, insisting that debt remained a legitimate component of every national budget. It...
US Call For Fresh Probe Of Adesina, Plot To Destabilise AfDB
The call by the United States, US government for a fresh and in-depth investigation into the allegations against the President of African Development Bank,...
Today Is NIN-SIM Linking Deadline; Have You Done Yours? Do This Now And Save Your Number!!
Today is the deadline for linking your sims with your NIN, If by tomorrow your sims are blocked, what will you do? How to link...
N206bn Inserted In My Ministry’s Budget For Equipment Procurement, Says Umar-Farouq
Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar-Farouq, yesterday, told senators that the N206 billion inserted in the ministry’s budget was...
Reps To Investigate High Flight Cost, Poor Service In Aviation Sector
The House of Representatives yesterday mandated its committee on aviation to investigate the hike in international flight fares and poor service delivery by foreign...
Nigeria’s Inflation Drops For First Time Since 2022
Nigeria’s inflation fell to 33.40 percent in July 2024 from 34.19 percent in June on a year-on-year basis. This is the first time the country’s...
Naira Appreciates To N1,387/$ In Parallel Market
The Naira yesterday appreciated to N1,387 per dollar in the parallel market from N1,389 per dollar last week Friday. But the naira depreciated to N1,349.7...
