BUSINESS
House Committee Cautions CBN Against Economic Fallout Of High Interest Rates
As the Central Bank of Nigeria (CBN) prepares for its 300th Monetary Policy Committee (MPC) meeting this week, the House of Representatives Committee on...
We Lack Money To Continue To Pay Fuel Subsidy – FG
The Federal Government (FG) has said it currently lacks money to continue to pay fuel subsidy due to the economic implications of the coronavirus...
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...
AIICO, others get PenCom approval for govt contracts
The National Pension Commission (PenCom) has granted a certificate of compliance to AIICO Insurance Plc and other 190 firms to seek Federal Government contracts this...
Let’s Be Patient With Tinubu, He Inherited “Almost Comatose” Administration — Abiodun
Governor Dapo Abiodun of Ogun State believes Nigerians should be patient with President Bola Tinubu’s government which, according to him, inherited an “almost comatose”...
Over 5,000 Debtors Owe FG N5.2trn, Says Finance Minister
Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed has said the Federal Government will enforce the recovery of N5.2 trillion debt owed by over 5,000 debtors through various Ministr...
Emefiele risks jail term over $53m garnishee order
The Governor of Central Bank of Nigeria, Mr Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute...
Opay, Moniepoint, Others To Register New Customers From July
The Central Bank of Nigeria (CBN) has announced that mobile money operators, including fintech firms like Opay, Palmpay, Kuda, and Moniepoint Microfinance Banks will...
Beyonce Donates £8,000 To Nigerian Business In London
Award-winning American singer, Beyoncé Giselle Knowles-Carter, popularly known as Beyonce, has donated £8,000 to a struggling Nigerian restaurant in North London. Chuku’s, the restaurant in...
It Makes No Sense, Former Statistician General Fault NBS Data That Says Unemployment Has Reduced
A former Statistician-General of Federation/Chief Executive Officer of the National Bureau of Statistics (NBS), Dr. Yemi Kale, has criticised the methodology used in calculating...
