The organised private sector, on Monday, blamed the worsening insecurity in the country for the food inflation which increased to 40.87 per cent in June 2024 up from 25.25 per cent in June 2023.…
The President of the African Development Bank Group Dr. Akinwumi Adesina has said the Nigerian government’s decision to allow massive food importation could destroy the country’s agriculture. …
•Failure to discuss memo giving room for speculation, NLC tells govt The Organised Labour on Tuesday kicked against the Federal Executive Council’s decision to step down the memorandum on th…
Kano Electricity Distribution Company (KEDCO) has dragged the Manufacturers Association of Nigeria (MAN) to the High Court of Federal Capital Territory, Abuja, over unlawful interference with its b…
Against further depletion of foreign exchange to Nigerian currency, Governor Abba Kabir Yusuf has announced a sum of N376 million intervention to complete the shortfall in Basic Traveling Allowance…
Justice Emeka Nwite of the Federal High Court Abuja, has refused to grant bail to an Executive of Binance Holdings Limited, Tigran Gambaryan. Justice Nwite held that Gambaryan is likely to j…
As part of the measures to tackle incessant power outages in the country, President Bola Tinubu has approved the gradual payments of power sector debts estimated at over N3.3tn. Consequently…
The Federation Allocation Allocation Committee has disclosed that during the May 2024 meeting of the FAAC held in Abuja, N1.2tn from the April 2024 Federation Account Revenue was shared by the fede…
Some of the abducted students of Confluence University of Science and Technology, Osara, Okene in Kogi State, have been rescued, the state government has confirmed. In a statement on Sunday,…
The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira in their…
Former Vice President Atiku Abubakar alleged on Sunday that President Bola Tinubu rushed to award the Lagos-Calabar coastal highway project to Chagoury Group due to his son Seyi’s interest in the c…
Nigerian fintech companies have warned their customers against trading in cryptocurrency or any virtual currency on their apps, threatening to block any accounts found engaging in such activities.…
