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Business and Economy
Nigeria’s Inflation Soars to 24.08% in July – NBS
Nigeria's inflation rate increased to 24.08% in the month of July 2023, from the 22.79% recorded in June 2023.This was revealed in a...
Nigeria’s Inflation Surges to Unprecedented 24.08% in July
By Milcah TanimuNigeria's inflation rate has reached a historic pinnacle, surging to 24.08% in July 2023 from the previous month's 22.79%, marking a significant...
Nigeria Labour Congress (NLC) Threatens Economic Shutdown over Petrol Price Increase
By Daniel EduThe Nigeria Labour Congress (NLC) has issued a threat to shut down the country's economy without prior notice to the government if...
CBN Vows To Stabilize Naira, Improve Forex Market
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, says the apex bank will, in the next few days, be taking...
Marketers Warn of Possible Petrol Price Surge to N720 per Litre in Nigeria
Nigeria is bracing for potentially more economic challenges as industry experts predict an upcoming increase in the pump price of petrol, with estimates ranging...
Federal Government Set to Clear N187.32bn Contractors’ Debt by November 2023
By Daniel EduIn the upcoming administration of President Bola Tinubu, it appears that an approximate sum of N187.32 billion will be allocated to resolving...
Tinubu’s Forex Unification And CBN I &E Window Failing The Naira
Adefolarin A. OlamilekanJust three months into the implementation of the brand new monetary policy of President Bola Tinubu administration of 'forex unification and...
Nigerian Aviation Safety Has Improved, Says Afri-Air Managing Director
By Daniel EduCaptain Shehu Iyal, the Managing Director of Afri-Air International Ltd and a former Senior Special Adviser on Aviation Matters to former Nigerian...
Presidential Directive Awaited for N48bn Pipeline Contract
By Daniel EduSpeculation regarding the cancellation or re-award of the N48 billion oil pipeline surveillance contract in the Niger Delta has not been confirmed,...
NUPRC Calls for Innovative Solutions to Address Energy Transition Challenges
By Daniel EduGbenga Komolafe, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has emphasized the necessity for oil sector operators to devise...
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