Frustration Mounts As Discos Consider 40% Electricity Tariffs Hike   Speculations of plans to raise electricity tariffs up by 40 percent barely a few weeks after the removal of the petrol subsidy have triggered anger among customers. While it is mandatory for...

Stock Investors Lose N671bn As Equities Tumble   Stock investors recorded a significant loss of N671bn on Tuesday at the Nigerian equity market which had posted a strong start at the beginning of the second half of the year. The All-Share Index...

Liquidity Crunch: Banks’ Deposit With CBN Increased To N579.27bn In June   Despite the liquidity crunch in the financial sector, deposit money banks and merchant banks’ deposit with the Central Bank of Nigeria (CBN) increased to N579.27 billion in June 2023,...

Hajj 2023: Transforming Jamarat's Story from Stampede to Sanity   The 2023 Hajj season has come to a successful and interesting end, and it is time to take stock. A time to do a postmortem to understand what the authorities and...

CBN Moves To Partner FUTA On eNaira The Central Bank of Nigeria (CBN) on Monday sought the partnership of the Federal University of Technology Akure (FUTA) Ondo State, in adopting the newly introduced digital currency known as eNaira. The apex bank...

TMG Criticizes INEC, FG For Dismissing EU’s Electoral Report   The Transition Monitoring Group has expressed their concern over the dismissal of the European Union Electoral Report by the Independent National Electoral Commission (INEC) and the Federal Government. In a statement by...