BUSINESS
FG Has Released N4.7trn To Finance 2022 Budget Expenditure So Far – Zainab Ahmed
The Federal Government has so far released the sum of 4. 7 trillion naira to finance expenditure in the 2022 budget. This is according to the Minister of Finance, Budget and National planning, Mrs Zainab Ahmed. The minister disclosed this on Thursday...
CBN Threatens Severe Sanctions Against Banks Hoarding Currency
The Central Bank of Nigeria (CBN) has announced severe penalties for any bank involved in currency hoarding or diversion as part of its commitment...
DSS Intercepts Syndicates Selling New Naira Notes, Bank Officials Implicated
The Department of State Services has detained some members of an organized syndicate selling the new Naira notes in various parts of the country. Although...
CBN Floats Naira, Allowing Banks To Trade FOREX Freely
Nigeria has officially floated its naira currency after years of sticking with a hard peg that spooked investors and drained dollars from the economy. Sources...
2nd Niger Bridge: Uzodinma, Ogah, Obiozor, Others Hail Buhari
The Imo State Governor, Hope Uzodimma, some ministers from the South-East zone, including State For Mines and Steel Development, Dr Uchechukwu Ogah and the...
Rejection Of Electricity Tariff Hike Will Lead To Total Blackout, FG Tells Nigerians
The Minister of Power, Adebayo Adelabu Monday warned that there would be total blackout in the country in the next three months if the...
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...
List Of Ten African Nations Where Workers Earn Highest Wages [Must Read]
There are several countries in Africa where workers, particularly salaried employees, are well paid. Here’s a look at the top 10 African countries where workers...
After Insisting That Petrol Import Will Continue, Operators Accuse FG Of Working Against Local Refineries
Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...
CBN Postpones e-Naira Launch
The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director...
