Fuel Hits N685/litre in North Filling stations, particularly those operated by independent marketers, now dispense Premium Motor Spirit, popularly called petrol, at prices that are higher than the bands approved by the Federal Government, with some filling stations in the...

Money Supply Increased to N66.42trn in September - CBN   The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s money supply increased to N66.42 trillion in the month of September 2023, a marginal growth of about 1.94 per cent from...

NAHCON: The Huge Task on Jalal Arabi's Broad Shoulders, by Abdulrahman Abdulraheem   The National Hajj Commission of Nigeria (NAHCON) has a peculiar but interesting history. Its peculiarity stems from the fact that it is not meant to serve the advancement...

DisCos Say Without Subsidy, Most Nigerians Can’t Afford Cost of Electricity   The Association of Electricity Distributors of Nigeria (ANED) has said that without electricity subsidy, most Nigerians will not be able to afford the actual cost of power supplied them. This...

FG Plans N26trn Borrowing, Debt Servicing to Gulp N29trn   Nigeria’s total public debt may hit N118.37tn in the next three years. The figure was based on analysing Nigeria’s current debt profile and the debt projections in the Medium Term Expenditure Framework...

Stock Investors Lose N156bn Following Profit-taking   Investors on the local equity market saw their wealth depreciating by N156bn at the close of last week’s trading following profits-taking and selling sentiments. During the week, the market reacted to the latest inflation data...