FG Plans Fresh Electricity Tariff Hike Amid Consumer Outrage   In its bid to enhance the liquidity of the Nigerian Electricity Supply Industry, the Federal Government has said it is considering plans to regularise the electricity tariffs to address disparities in...

FG to Float N758bn Bond in 3 Months to Clear Pension Arrears   The Director-General of the National Pension Commission (PenCom) Mrs. Omolola Oloworaran has stated that the commission is optimistic that the recently approved N758 billion bond by the Federal...

Fuel Importers Hit with N75bn Monthly Loss After Dangote's Price Slash   Importers of Premium Motor Spirit (petrol) may lose an average of N2.5bn daily and N75bn monthly following the latest PMS price reduction announced by the Dangote Petroleum Refinery. Findings revealed...

Investors Lose N77bn as Equity Market Dips   The Nigerian equity market reversed its previous gains, recording a N77bn loss at the close of trading on Tuesday as investor sentiment weakened. The market capitalisation of the Nigerian Exchange Limited declined to N67.02tn...

FG Targets $100bn GDP Boost from Arts, Culture, and Creative Economy   The Federal Government is setting ambitious targets to supercharge Nigeria's economy through the creative industries, aiming to add a whopping $100 billion to the country's GDP. The Minister of Arts, Culture, Tourism,...

Cardoso: Restoring the Dignity of Naira with Painstaking Reforms, by Rahma Olamide Oladosu   The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, took the helm of affairs at a time the Naira was on a free fall. Despite his initial...