BUSINESS
CBN Orders Banks To Publish Names, BVN Of Forex Defaulters
The Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who try to break the rules on Forex acquisition...
You Can’t Increase Electricity Tariff When Workers’ Wages Remain Stagnant, NLC Cautions FG
The Nigeria Labour Congress (NLC) has urged the Federal Government not to increase electricity tariff. The umbrella labour union said while many sectors, including Power,...
Nigeria Sets Date To Commence Aeroplane Manufacturing, Partners Hungarian Company
Before the end of 2023, Nigeria may be among the countries that manufacture aeroplanes as the federal government has entered into a partnership with...
Reduce External Borrowing, Lawan Begs Buhari
President of the Senate, Dr. Ahmad Lawan, has advised President Muhammadu Buhari to reduce borrowing from external lending houses to fund the country’s annual...
We’re Unhappy Over FG’s Plan To Borrow Fresh N5.62 Trillion — Reps
The House of Representatives has expressed displeasure over the plan by the federal government to borrow N5.62 trillion to finance deficit in the 2022...
BEWARE: Criminals Increasingly Using Cryptocurrencies
Criminals in Italy and Germany are increasingly making use of cryptocurrencies, according to the customs directorate in Bonn, Germany. “The use of cryptocurrencies for online...
Buhari Appoints Steering Committee For Petroleum Act
President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering...
CBN To Arrest Anyone Who Sprays, Steps On Naira Notes
The Central Bank of Nigeria, CBN has threatened to arrest and prosecute anyone who abuses the Nigerian Naira in Public. The CBN issued a stern...
NNPC Will Cease To Exist In Six Months – GMD Mele Kyari
The General Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari has revealed that the Corporation will cease to exist within 6...
Non-Exploitation Of Mineral Resources Responsible For Insecurity, Says Gov. Masari
Katsina State Governor Aminu Bello Masari has blamed the increasing spate of banditry and other forms of insecurity across the country on the failure...
