Economy

IMF denies involvement in Nigeria’s fuel subsidy removal

The International Monetary Fund has stated that it did not influence Nigeria's decision to…

Ogun launches task force to curb high transport fares

The Ogun State government has started a statewide task force to check high transport…

Enugu gov approves N80,000 minimum wage for workers

The Governor of Enugu State, Dr. Peter Mbah, has approved a new minimum wage…

FCCPC blames food hoarders for inflation

The Federal Competition and Consumer Protection Commission has identified hoarding, price fixing, and entrance…

FG bans LPG export amid soaring prices

The Federal Government has banned the export of Liquefied Petroleum Gas, commonly known as…

Dangote refinery now supplying most of Nigeria’s jet fuel – Report

The Dangote Refinery has become the main supplier of jet fuel in Nigeria, just…

CBN allocates N1.73tn for food imports amid inflation 

The Central Bank of Nigeria allocated N1.73 trillion for food imports in the first…

FG urges Nigerians abroad to return home for national development

The Federal Government has called on Nigerians living abroad to return home and contribute…

[ICYMI] NNPC, Chevron discovers major oil in Niger Delta

The NNPC Limited and Chevron Nigeria Limited Joint Venture have announced a major oil…

Cut govt waste, focus on poverty programmes, says W’Bank tells Nigeria

The World Bank has urged Nigeria to cut government waste and focus spending on…

Lagos NURTW unveils 3,000 CNG tricycles worth N10.2bn

The Lagos State Chapter of the National Union of Road Transport Workers has unveiled…

Reps demand immediate reversal of petrol, cooking gas price hike

The House of Representatives has called for the immediate reversal of the recent increase…

Dangote refinery unable to meet petrol demand – Oil marketer

Oil marketers in Nigeria have raised concerns that the amount of petrol produced by…

Naira among Sub-Saharan Africa’s weakest currency– World Bank

The Nigerian naira has been named one of the worst-performing currencies in Sub-Saharan Africa…

Manufacturers cannot survive 250% electricity hike – MAN

The Manufacturers Association of Nigeria has called for a reduction in the recent electricity…