CATEGORY
Business and Economy
NDIC to Commence Sale of Heritage Bank Assets on December 4
By Milcah Tanimu
The Nigeria Deposit Insurance Corporation (NDIC) will begin selling Heritage Bank’s assets on December 4, 2024. In line with its statutory role...
Concerns as Nigerians’ Per Capita Income Drops by Over 200% in 10 Years
By Milcah Tanimu
Nigeria's dream of achieving a $1 trillion economy is under threat. The country has seen a dramatic drop in per capita income....
Petrol Landing Cost Falls to N971 per Litre Despite Rising Retail Prices
The landing cost of Premium Motor Spirit (PMS), also known as petrol, in Nigeria has dropped by 20.34% over the last three months, now...
Adelabu Orders Immediate Overhaul to Prevent Future Grid Collapses
By Milcah Tanimu
Adebayo Adelabu, Nigeria’s Minister of Power, has instructed the Transmission Company of Nigeria (TCN) and related agencies to implement recommended measures...
Nigeria undergoing major reset after subsidy removal — Soludo
By Abigail Philip David
Anambra State Governor, Prof. Chukwuma Soludo, stated that Nigeria is experiencing a profound transformation following the removal of subsidies by...
SGF Reaffirms Tinubu’s Commitment to Socio-Economic Growth
Secretary to the Government of the Federation, Senator George Akume, reaffirmed President Bola Tinubu's dedication to Nigeria's socio-economic progress on Thursday. His remarks came...
FBN Holdings Surpasses CBN Recapitalisation with N730bn Target
By Milcah Tanimu
FBN Holdings aims to exceed the Central Bank of Nigeria's (CBN) minimum recapitalisation requirement by increasing its capital base to N730 billion...
Amid Economic Hardship, VC Urges FG to Support Private Tertiary Institutions
By Abigail Philip David
The Vice-Chancellor of Precious Cornerstone University, Timothy Adejumo, has called on the Federal Government to extend support to private tertiary...
Federal Government Launches Subnational Tour to Boost Business Growth with Private Sector Collaboration
By Abigail Philip David
The Federal Government, through the Presidential Enabling Business Environment Council (PEBEC), has announced the launch of its Subnational Tour, an...
World Bank Approves $50M to Tackle Nigeria’s Nutrition Challenges
By Milcah Tanimu
The World Bank has announced a $50 million fund to support Nigeria’s efforts in tackling food and nutrition challenges. During a meeting...
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