CATEGORY
Business and Economy
A’Ibom Calls for Investors to Establish CNG Refilling Depots
By Ogenyi Ogenyi, Uyo
The Akwa Ibom government is seeking private investors to help establish refilling depots for Compressed Natural Gas (CNG) buses. This initiative...
Nigeria’s External Reserves Reach 22-Month High at $37.31bn
By Milcah Tanimu
Nigeria’s external reserves have surged to a 22-month high, reaching $37.31 billion as of September 18, 2024. This marks the highest point...
NLC Calls for Urgent Talks on Petrol Price and Minimum Wage
By Milcah Tanimu
The Nigeria Labour Congress (NLC) has expressed concern that the recent hike in petrol prices has effectively nullified the benefits of the...
Job Losses Prompt Withdrawal of N247.47bn from Pension Savings by 483,464 Nigerians
In the second quarter of 2024, 483,464 Nigerians withdrew a total of N247.47 billion from their Retirement Savings Accounts (RSAs) due to job losses,...
Nigerian Govt Targets N150bn from Bond Market to Address Budget Deficit
By Milcah Tanimu
To tackle the 2024 budget deficit, the Nigerian government plans to raise N150 billion from the bond market this September. The Debt...
Cybercrime Spikes Amid The Global Economic Slowdown
Historically, crime rates tend to fluctuate with economic conditions—decreasing during times of prosperity and rising during downturns. Cybercrime, which was already on the rise,...
CBN Cuts Cybersecurity Levy to 0.005% on Electronic Transactions
By Milcah Tanimu
The Central Bank of Nigeria (CBN) has reduced the cybersecurity levy on electronic transactions from 0.5% to 0.005% as part of its...
We Haven’t Been Given Any Fuel Pump Price to Enforce, Says Operations Controller NMDPRA
By Isaac Kertyo, Makurdi
The Operations Controller, Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in charge of Benue State, Mr Muhammad Salihu, has clarified...
CBN Schedules MPC Meeting for September 21-22
By Milcah Tanimu
The Central Bank of Nigeria (CBN) has scheduled its 297th Monetary Policy Committee (MPC) meeting for September 21 and 22. This meeting...
CBN Appoints New Board for Keystone Bank
The Central Bank of Nigeria (CBN) has reconstituted the board of directors for Keystone Bank as part of its strategy to drive sustainable growth...
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