Nhettima: $25bn Spent On Fuel Importation Every Year
Vice-President Kashim Shettima says over $25 billion is used to import petroleum products into the country every year. Shettima spoke on Thursday at the Vanguard…
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Electricity Tariff Will Come Down Same Way SIM Cards, Phones Did – Adelabu
The Minister of Power, Adebayo Adelabu, has claimed that the hike in electricity tariff is temporary The minister said he is optimistic about the reduction of electricity…
Labour Eyes N100,000 Minimum Wage As NEC Meets Monday
Organised Labour has said it will not accept anything less than N100,000 as minimum wage as the negotiations between its representatives and the Federal Government…
Heineken Lokpobiri: FG Unaware Dangote Imports Crude From US
The Federal Government has said it was unaware that Dangote Refineries imports its crude oil from the US. The Minister of State for Petroleum Resources…
‘Nigeria, We Hail Thee’: Bill seeking return of old anthem gets Reps, Senate nod
A Bill seeking to to make provision for Nigeria to revert to its old aational anthem has scaled through second reading at the Senate. The…
Lagos-Calabar Coastal Highway: Construction Begins In Calabar And Akwa Ibom
The Federal Government has announced the immediate start of construction work on sections three and four of the Lagos-Calabar Coastal Highway project, beginning from Calabar.…
Abba Kyari Gets Bail After 27 Months In Detention
A Federal High Court in Abuja has granted the former commander of the Force Intelligence Response Team, DCP Abba Kyari, two weeks’ bail after 27 months…
Tinubu Reassigns Woke To NOSDRA As DG
President Bola Tinubu has reassigned Chukwuemeka Woke to the National Oil Spill Detection and Response Agency (NOSDRA) as its director general.Tinubu’s spokesperson, Bayo Onanuga, disclosed…
CBN Revises Guidelines For Bureau De Change Operators
The Central Bank of Nigeria has updated its regulatory guidelines for Bureau De Change operators. After consulting with stakeholders, the following changes were made: The…
IMF Ranks Nigeria Second Least Indebted Country In Africa
Tanzania holds the top spot with a debt-to-GDP ratio of 41.8%, reflecting its prudent financial decisions. Contrary to common belief, the International Monetary Fund (IMF)…