Fuel Subsidy: Mixed Reactions as Long Queues Return to Filling Stations   Barely 24 hours after President Bola Ahmed Tinubu announced his decision to implement the subsidy removal policy of his predecessor, President Muhammadu Buhari, there has been a quick return of...

‘Fuel Subsidy Removal In Nigerians’ Interest, To Avoid Collapse Of Economy’   Tinubu Support Group (TSG) says the removal of fuel subsidy was done in the interest of Nigeria to avoid total collapse of the nation’s economy. Augustine Esiekpe, the National Coordinator...

Tinubu Inherits Over N16trn Uncompleted Projects   The new President of Nigeria, Bola Tinubu, has officially inherited over N16.29tn uncompleted projects from his predecessor, Muhammadu Buhari. The projects were identified through the national monitoring and evaluation platform, EYEMARK, which was launched by...

Banks’ Borrowings From CBN Rise By 464% To N4.95trn   Banks’ borrowings from the Central Bank of Nigeria (CBN) Standing Lending Facility (SLF) rose year-on-year (YoY) by 464 percent to N4.95 trillion in the first quarter of 2023 (Q1’23) from N877...

Fuel Depots Shutdown Amid Scarcity   Motorists, workers and traders were yesterday caught unaware by the sudden reappearance of fuel scarcity across the states and the Federal Capital Territory (FCT). While at some bus stops, hordes of commuters struggled to board commercial...

Report Reveals NGX Domestic Transactions Decline By 45%   The level of domestic transactions on the Nigerian Exchange Limited (NGX) has dropped by 45.30 per cent in 16 years, from N3.556tn in 2007 to N1.945tn in 2022. This was revealed in a...