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Economy
Qatar rejects Nigerian request for Business Forum
Qatar rejects Nigerian request for Business Forum during Tinubu’s visit.
The government of Qatar has turned down Nigeria’s proposal for a Business and Investment Forum (BIF) during…
Petrol subsidy was costing govt N400bn monthly – Finance Minister
Petrol subsidy was costing govt N400bn monthly – Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the fuel subsidy was…
42,000MT of grains ready for distribution, FG declares
The Presidency on Friday revealed that the 42,000 metric tonnes of grains it promised for nationwide release two weeks ago are being bagged for distribution.
It added that the remaining…
Suez Canal revenues down 40-50% amid Red Sea tensions – Al-Sisi
Egyptian President Abdel-Fattah Al-Sisi said yesterday that Suez Canal revenues have dropped 40-50 per cent amid tensions in the Red Sea, Anadolu news agency reported.
“The Suez Canal…
How Binance P2P contributes to plummeting Naira value
If you go to Binance P2P, there is heavy manipulation going on there. And from my deductions, most of the big Binance P2P merchants are united in carrying out this manipulation. Some of…
Hardship: Tinubu opens probe into Emefiele, Buhari’s N22.7trillion loan
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the President Bola Tinubu administration is auditing the 22.7 trillion naira Ways and Means loans approved by…
FG to create 300 direct jobs, boost Internet access
The Ministry of Communications, Innovation, and Digital Economy has unveiled a strategy called ‘Project 774 LG Connectivity’, to create no less than 300 direct jobs as the Federal…
FCCPC Takes Action Against Price Fixing, Seals Sahad Stores in Abuja
The Federal Competition and Consumers Protection Commission (FCCPC) made a bold move by sealing off the prominent Sahad Stores Limited situated in Area 11, Garki, Abuja.
This action was…
Airlines lament as aviation fuel price hits N1,300 per litre
The Airline Operators of Nigeria have expressed deep concern regarding the escalating cost of operations, amidst the surge in aviation fuel prices exceeding N1300.
This was disclosed in…
International money transfer operators to pay in naira
International money transfer operators to pay in naira
Following the recent directive by the Central Bank of Nigeria, restricting the operations of International Money Transfer Operators…