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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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