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ECONOMIC EXPERTS CAUTION FG AS DEBT SERVICING EXCEED 3% FISCAL RESPONSIBILITY ACT AT N28TRILLION

Economic experts have emphasized the negative impact on developmental projects while cautioning the FG against additional borrowings.

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MANUFACTURERS ASSOCIATION OF NIGERIA ADDRESS THE CBN NEW POLICY ON FOREX ALLOCATION TO BDCs

The Manufacturers Association of Nigeria (MAN) have expressed their concerns regarding the Central Bank of Nigeria policy on Forex Allocation to BDCs.

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CENTRAL BANK OF NIGERIA PLANS DIGITAL CURRENCY LAUNCH BY DECEMBER

The Central Bank of Nigeria (CBN) has revealed plans to launch a digital currency by December.

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CENTRAL BANK OF NIGERIA INCREASES FOREX ALLOCATION TO BANKS

The Central Bank of Nigeria (CBN) has announced the increase of foreign exchange (forex) allocations to banks to meet the requests of customers.

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Nigeria Governors' Forum Approves Full Deregulation of Petrol, N385 Pump Price

Nigeria Governors’ Forum has considered the report of a committee headed by Governor Nasir el-Rufai that backs full deregulation of petrol pump price of N385.

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NIGERIA’S INFLATION REDUCES BY 0.05%, FOOD INDEX RISES BY 22.72%

The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate decreased by 0.05% in April 2021, the first time in 21 months, while the food index rose by 22.72%.

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NIGERIA LETS NAIRA WEAKEN IN POSSIBLE MOVE TO UNIFY EXCHANGE RATES

According to traders, Nigeria let the naira weaken to a record low against the dollar on the official market on Friday,

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NAIRA ABUSERS RISK SIX MONTHS JAIL TERM, CBN WARNS

Naira Abusers risk Six Months Jail Term, CBN Warns The Central Bank of Nigeria (CBN) has warned the public against abuse of the country’s currency, describing naira as pride of the nation.

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FG MAY SLASH CIVIL SERVANTS’ SALARIES, MERGE AGENCIES, OTHERS TO CUT COST- ZAINAB AHMED

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that President Muhammadu Buhari has directed the salaries committee to review payroll and also review the number of age...

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NCAA LIFTS AZMAN AIR SUSPENSION AFTER SIX WEEKS

The Nigerian Civil Aviation Authority has lifted the suspension it placed on Azman Air on March 15 following series of incidents involving the airline’s Boeing 737 aircraft.

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FINANCIAL AUTONOMY: NBA MEMBERS STAGE SOLIDARITY PROTESTS IN ABUJA AS JUDICIARY WORKERS BEGIN NA...

FINANCIAL AUTONOMY: NBA MEMBERS STAGE SOLIDARITY PROTESTS IN ABUJA AS JUDICIARY WORKERS BEGIN NATIONWIDE STRIKE

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NIGERIA’S INFLATION RATE HITS 18.17%, HIGHEST IN FOUR YEARS

Nigeria's inflation rate hits 18.17%, highest since 2017

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$1.96 BILLION NIGERIAN-NIGER RAIL PROJECT: MATTERS ARISING

$1.96 billion Nigerian-Niger Rail Project: Matters Arising By Wole Akinseloyin

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COVID 19: UK PANEL URGE ALTERNATIVES TO ASTRAZENECA VACCINES FOR THOSE UNDER 30 AS COUNTRY RECORD...

COVID 19: UK panel urge alternatives to Astrazenca vaccines for those under 30 as the country records 79 cases of blood clots.

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EMA OFFICIAL LINKS ASTRAZENECA VACCINE TO BLOOD CLOT

There is a link between the AstraZeneca Coronavirus vaccine and blood clots, an official of European the Medicines Agency (EMA) has said.

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FIRE GUTS ARAROMI AUTO SPARE PARTS MARKET IN IBADAN

The Araromi auto spare parts market in Agodi Gate, Ibadan has been gutted by fire.

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NIGERIAN RESIDENT DOCTORS TO BEGIN STRIKE ON THURSDAY

Nigerian resident doctors to begin on Thursday.

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FIRE GUTS OCHANJA MARKET IN ONITSHA

Properties worth millions of naira were destroyed on Friday as fire guts Ochanja market in Onitsha.

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FIRS TO ADOPT NIN DATABASE FOR TAX COLLECTION

FIRS To Adopt NIN Database For Tax Collection

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STATE LEGISLATIVE WORKERS DOWN TOOLS OVER FAILURE TO IMPLEMENT FINANCIAL AUTONOMY

State legislative workers down tools over failure to implement financial autonomy.

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NIGERIA'S UNEMPLOYMENT RATE INCREASES TO 33.3% IN Q4 2020

Nigeria's unemployment rate has increased to 33.3% in the fourth quarter of 2020, according to the Labour Statistics Report released by the National Bureau of Statistics.

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TIMIPRE SYLVIA APOLOGISES OVER DISTRESS CAUSED BY FUEL PRICE MISINFORMATION

Timipre Sylva, the Minister of State for Petroleum, apologises to Nigerians for the distress caused by the 'unfortunate information' about the hike in fuel price.

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NNPC INSISTS NO INCREASE IN FUEL PRICE AS PPPRA DELETES N212 PETROL PRICE TEMPLATE FROM WEBSITE

NNPC insists no increase in fuel price as PPPRA deletes N212 petrol template from website.

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PETROL NOW N209.61 PER LITRE DESPITE FG ASSURANCE OF NO INCREASE IN FUEL PRICE

The retail price for Petrol has increased to between N209.61 to N212.61, according to instructions from the Petroleum Products Pricing Regulatory Agency (PPPRA).

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COVID-19: NIGERIA, KENYA TO RECEIVE ASTRAZENECA VACCINES ON TUESDAY

COVID 19: Nigeria, Kenya to receive AstraZeneca vaccines on Tuesday.

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NGOZI OKONJO IWEALA ASSUMES OFFICE AS WTO DIRECTOR-GENERAL TODAY (PHOTOS)

Nigeria's Ngozi Okonjo-Iweala assumes office on Monday as the Director-General of the World Trade Organisation (WTO).

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PRESIDENT BUHARI ASSENTS REDUCTION OF 30 PERCENT IMPORT DUTY ON VEHICLES

President Muhammadu Buhari has assented to the reduction of import duty on transport vehicles by 30 per cent.

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NIGERIA'S PETROLEUM MINISTER HINTS OF A POSSIBLE INCREASE IN FUEL PRICE

Chief Timipre Sylvia, the Minister of State, Petroleum Resources on Tuesday, hinted of a possible increase in petrol pump price as the price of crude oil rises above $60 per barrel.

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THIRD MAINLAND BRIDGE: LAGOS TO CLOSE OWORONSHOKI LANE ON SATURDAY

The Lagos State Government has announced plans to shut the Oworonshoki bound lane of the Third Mainland Bridge by midnight Saturday, February 6 till 7 pm on Sunday.

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FIRE RAZES TIPPER MARKET, ABUJA

Properties worth millions of naira have been lost in an early morning fire at the Tipper Market in Gwarinpa, Abuja.

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POOR NIGERIANS TO INCREASE BY 15-20 MILLION IN THE YEAR 2022-WORLD BANK ESTIMATES

World Bank projects that the number of poor Nigerians will rise to 15-20 million people by the year 2022.

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NIGERIA DROPS, NOW SECOND MOST CORRUPT COUNTRY IN WEST AFRICA ON GLOBAL CORRUPTION INDEX

Nigeria Drops, now the second most corrupt country in West Africa on Global corruption index @anticorruption

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SAMSUNG HEIR SENTENCED TO PRISON FOR BRIBERY AND EMBEZZLEMENT

Samsung de facto chief Lee Jae-yong has been sentenced to prison for bribery and embezzlement casting the future of leadership at the tech company in doubt.

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NIGERIA, AFRICA TO GET COVID-19 VACCINES BY JANUARY-NGOZI OKONJO-IWEALA

Nigeria and other African countries would get access to COVID-19 vaccines from January through to the first quarter of 2021- Ngozi Okonjo-Iweala.

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NIGERIA TO OPEN LAND BORDERS SOON

President Muhammadu Buhari has indicated he would reopen Nigeria’s land borders "as soon as possible."

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LAGOS-IBADAN TRAIN TICKETS TO COST N3000-6000

Lagos-Ibadan train tickets to cost N3,000-6,000

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ARIK AIR SACKS 300 WORKERS

The management of Arik Air has sacked 300 members of staff of the airline.

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VEHICLE OWNERS TO PAY N250,000 FOR FUEL-GAS CONVERSION

The federal government on Wednesday said car owners will have to pay up to N250,000 to have their vehicles converted to run on gas.

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NAIRA CRASHES TO NEW RECORD LOW OF N495/$ AT BLACK MARKET

The exchange rate of the Naira at the parallel market fell to a new record low closing at N495/$1 on Thursday, November 26.

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NDOKWA YOUTHS SHUTDOWN OIL PIPELINE IN UKWUANI, DELTA STATE

Ndokwa youths shutdown oil pipeline in Ukwani, Delta State.

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CBN RETAINS KEY LENDING RATES AT 11.5% TO BOAST ECONOMIC GROWTH

The Central Bank of Nigeria (CBN) has retained key lending rates at 11.5%.

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NIGERIA AVIATION ACQUIRES TRAINING AIRCRAFT

As part of its plan to ensure a proficient aviation sector, Nigeria has acquired three training aircraft.

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NIGERIA OFFICIALLY SLIDES INTO WORST ECONOMIC RECESSION SINCE 1987

Reports indicate that Nigeria has officially gone into its worst economic recession since 1987.

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MONEY LAUNDERING: COURT ORDERS THE ARREST OF EX PENSION BOSS MAINA FOR FAILURE TO APPEAR FOR TRIAL

Money Laundering: Court orders the arrest of ex pension boss Maina for failure to appear for trial.

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THE PLAZA WAS BUILT ON A PARKING LOT- FCTA RESPONDS TO VIDEO SHOWING AUTHORITIES DEMOLISHING A SH...

The Plaza was built on a parking lot- FCTA responds to the video showing authorities demolishing a building in Abuja.

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NIGERIA’S INFLATION HITS 14.2 IN OCTOBER- NBS

Data recently released by the Nigeria Bureau of Statistics says Nigeria’s inflation rose to 14.2 percent in October

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NEWS OF TAX LEVY ON BREAD IS AN EMBARRASSMENT- KOGI GOVERNMENT

The Kogi State Government has described the news that it has imposed a tax levy on individual loaves of bread produced in the state as an embarrassment.

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BIRD FLU: GHANA BANS IMPORTATION OF ALL POULTRY PRODUCTS FROM THE NETHERLANDS, GERMANY, RUSSIA, D...

Ghana bans importation of all poultry products from Europe to curb the spread of Bird Flu

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BIRD FLU: FG BANS IMPORTATION OF ALL POULTRY PRODUCTS FROM THE NETHERLANDS, GERMANY, RUSSIA, DENM...

FG bans importation of all poultry products from Europe to curb the transmission of Bird Flu into the country

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EMIRATES AIRLINE RECORDS FIRST LOSS IN 30 YEARS

Emirates Airline on Thursday, November 12 stated it lost $ 3.4 billion in six months, its first in three decades.

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