Before Military Coups Topple Africa's Democratic Govts, by Obamodi Oluwadamilola Faith   Lovers of democracy will be concerned about the recent development in Niger Republic. It is one that is sending a wrong signal about Africa, as a continent. But more...

In One Month, Transportation Cost Increased By 98% – NBS   The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as the pump price of Premium Motor Spirit rose, according...

Workers Transferred N822bn To New Operators, Dump PFAs - PenCom   No fewer than 203,127 workers have changed their Pension Fund Administrators and moved N822.37bn from their Retirement Savings Accounts since the National Pension Commission (PenCom) opened the window of transfer. PenCom...

Naira Slides Further As Dollar Shortage Hits Banks   The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the naira. In less than three weeks, the...

FG To Settle N187.32bn Contractors’ Debt This Year   The administration of President Bola Tinubu will likely spend about N187.32bn to settle debts owed to local contractors this year. The debts were listed as promissory notes in a document titled, ‘Schedule of...

CBN Staff Loans Increase By 113%, Now N40bn The Central Bank of Nigeria (CBN) has said that it issued N40.67bn loans to members of its staff as of December 2022. This was according to the apex bank’s audited financial statement for...