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Friday, May 3, 2024

Economy

BRACED Commission Governors Council urges regional connectivity, security reforms

In a pivotal gathering marked by calls for enhanced regional cooperation and security reform, the 12th meeting of the BRACED Commission Governors Council convened...

Panic as Central Bank of Nigeria halts Opay, Palm Pay new account onboarding

Bank customers in Nigeria have been gripped by panic following the Central Bank's directive to suspend the onboarding of new customers by mobile money...

Former CBN director alleges receipt of $600,000 for Emefiele

John Ayoh, a former Director of Information Technology at the Central Bank of Nigeria, made startling allegations on Monday, asserting that he collected a...

Muhammad Abdullahi appointed chairman of FMDQ Group

Financial Markets Dealers Quotations Group Plc. (FMDQ) has announced the appointment of Mr. Muhammad Abdullahi, the Deputy Governor of the Economic Policy Directorate at...

Nigerian Electricity Regulatory Commission deregulates meter prices

In a bid to adapt to shifting economic realities and empower consumers, the Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of meter...

Nigeria’s petrol crisis: A tale of short-sighted policy and societal strain

By Abdulrauf Aliyu As I stand in line, under the sweltering sun, waiting for hours on end to buy a meager amount of petrol, the...

Seplat Energy declares US 3 cents dividend per share for Q1 2024

Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited...

FCT minister Nyesom Wike affirms progress on capital projects

In a demonstration of his administration's dedication to fulfilling pledges made to residents of the Federal Capital Territory (FCT), Minister Nyesom Wike provided an...

Customs visits family of rice sale stampede victims, rollout support strategies

In a heartwarming gesture, the Nigeria Customs Service (NCS) has reached out to the family of Susan Odulaja, one of the victims of the...

President Tinubu defends fuel subsidy cut as vital for economic survival

In Riyadh, Saudi Arabia, President Bola Tinubu of Nigeria staunchly defended his administration's decision to discontinue fuel subsidies, asserting that the move was essential...

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