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Business and Economy
IMF warns FG Over Proposed N2.55trn Fuel subsidy spending
The International Monetary Fund (IMF) has warned that the Nigerian government will likely depend on overdrafts from the Central Bank of Nigeria to fund...
Currency in circulation hits N3.33tn on cash transactions
By Joyce BabayejuThe currency in circulation rose by N418bn to N3.33tn as of December 31, 2021, from N2.91tn a year earlier, according to...
FG, PDP clash as economy grows by 3.4%, highest in 7 years
By Becky Adi
The Federal Government and the Peoples Democratic Party on Thursday exchanged words over a report by the National Bureau of...
NNPC, NUPENG, Others Reach Truce As Another Fuel Scarcity Just Averted
By Becky AdiThe Nigerian Association of Road Transport Owners (NARTO), National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers...
Flour Mills Attack BUA Over Alleged Sugar Sale Suspension -Dangote
By Isaac KertyoDangote Gains As BUA Owner, Abdulsamad Loses N12.47bn Amid Sugar Price Allegation.
The cold war between Dangote Sugar Refinery Plc, Flour Mills...
CBN enlightens Delta residents on eNaira usage
By Isaac KertyoThe Central Bank of Nigeria, on Friday, enlightened and encouraged Nigerians to embrace the use of eNaira and other programmes to...
House of Reps Commends FG, CBN Seek Sustenance of ‘100 for 100’ Policy
Members of the House of Representatives have commended the federal government as well as the Central Bank of Nigeria (CBN) over the recently introduced...
Nigeria’s GDP Grew By 3.98% In 2021 Q4 – NBS
The National Bureau of Statistics says Nigeria’s GDP grew by 3.98% in Q4 2021, sustaining a positive trajectory.“Nigeria Gross Domestic Product (GDP) grew by...
Sugar Council reads riot act
By Isaac KertyoThe Executive Secretary, National Sugar Development Council (NSDC), Zacch Adedeji, yesterday warned that erring sugar operators who distort the sugar master...
Insurance sector grows income by 22% to N630bn
By Joyce BabayejuUnaudited Gross Premium Income, GPI, for the insurance industry has increased by 22.6 per cent to N630.4 billion in 2021 from...
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