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NEWS LENS
FG Okays SPV For 90,000km Fibre Optic Cable
The Federal Government on Tuesday approved a special purpose vehicle to support the delivery of an additional 90,000km of…
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ASSETS & FINANCIALS
FG May Need Supplementary Budget To Pay Minimum Wage – IMF
The Federal Government may need to raise a supplementary budget to accommodate the proposed minimum wage increase for workers. This…
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ASSETS & FINANCIALS
Only 25% Of Bank Deposits Insured – NDIC Boss
The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, has revealed that only 25 per cent…
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ASSETS & FINANCIALS
MPC May Keep Interest Rate High, Says Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that the members of the Monetary…
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OIL & GAS
NUPRC Begins Bidding Round For 12 Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission has announced the commencement of the bidding process for 12 oil blocks recently…
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OIL & GAS
Stop Electricity Subsidy, IMF Tells FG
The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies.…
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POLITICS
I Was Offered Money To Impeach Fubara – Rivers Gov’s Aide, Ehie
The Chief of Staff to Rivers State Government, Edison Ehie, has alleged that he was offered money to impeach…
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OIL & GAS
Different Electricity Laws In States Will Affect Power Sector – PwC
PwC Nigeria has stated that the provision of the Electricity Act that allows states to have independent electricity laws would…
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ASSETS & FINANCIALS
Q1 Foreign Debt Servicing Gulped $1bn – CBN
The Federal Government spent about $1.12bn on foreign debt service payments in the first quarter of 2024, highlighting the growing…
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ASSETS & FINANCIALS
FG Faults Proposed Telecoms Tariff Hike
The Federal Government has faulted the proposal by telecommunications companies to raise their tariffs, emphasising that increasing data, voice and…
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ASSETS & FINANCIALS
Govt Under Pressure To Stop Cybersecurity Levy
The House of Representatives, Northern Elders Forum and some members of the Organised Private sector on Thursday asked the…
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NEWS LENS
Forex Crisis: Damaged Vehicle Imports Soar, Say Agents
Licensed customs agents have blamed the foreign exchange crisis for the rising import of damaged vehicles into the country to…
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NEWS LENS
Nigeria Air: Sirika, Daughter Charged With N2.7bn Fraud
Barring any last-minute change, the Economic and Financial Crimes Commission will today (Thursday) arraign the immediate-past Minister of Aviation,…
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I CARE INTERVIEW
We Need To Harmonize Blue Economy Guidelines- Dr. Mogo
Success is sometimes defined as preparedness meeting opportunity. And this is largely applicable in this case where Dr.Mrs. Felicia…
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OIL & GAS
Labour Urges NERC, Discos To Collapse Bands
The Nigeria Labour Congress and Trade Union Congress have urged the Nigerian Electricity Regulatory Commission and electricity distribution companies to…
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OIL & GAS
FG To Sanction Marketers Diverting Fuel As Queues Subside
As fuel queues subside across filling stations, the Federal Government says it will sanction marketers hoarding and diverting Premium Motor…
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OIL & GAS
Shell Paid Over $1bn Tax To FG In 2023
Shell Nigeria says it exclusively paid a total of $1.09bn in corporate taxes and royalties to the Nigerian government in…
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ASSETS & FINANCIALS
BDC Operators Arrested As Naira Sells 1,416/$
Operatives from the Economic and Financial Crimes Commission on Tuesday reportedly arrested some h Bureau De Change operators at the…
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ASSETS & FINANCIALS
Cashless: CBN Suspends Charges On Cash Deposits
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. CBN disclosed…
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NEWS LENS
Tinubu To Commission Funtua Inland Dry Port., Thursday
The Federal Government of Nigeria has concluded plans to officially commission the much anticipated Funtua Inland Dry Port on…
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