We have Saved Over N1trn From Fuel Subsidy Removal - Tinubu   President Bola Ahmed Tinubu has said the administration saved over one trillion naira in two months of implementing his predecessor's fuel subsidy removal policy. The President who made this revelation...

Petrol Price Rises By 20% Globally   Price of petrol may to rise further as international market data revealed that the commodity has gained 20 per cent. At the beginning of 2023, Brent crude traded around $78 per barrel. However, last week,...

Manufacturers Spent N119bn To Generate Power In Nine Years   Expenditure by manufacturers on alternative energy sources (excluding power from distribution companies) jumped by 82 per cent, from N25bn in 2014 to N144bn in 2022. This is according to data collated from...

Subsidy Removal: Nigeria Risks Losing Billions As State Govts Reduce Working Days   Nigeria stands the risk of losing billions of Naira in revenue over some state government’s plan to reduce working days by civil servants. This is coming after two states...

Currency in Circulation Now N2.26trn - CBN   Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central Bank of Nigeria (CBN). According to figures obtained from the CBN, the currency outside...

Stock Investors Record N8bn Gain In One Week   The bullish trading experienced in recent times on the Nigerian Exchange Limited (NGX) slowed this past week, recording a gain of N8bn for investors. With market capitalisation ending at N35.994tn previous Friday, trading...