Stock Market Suffers N37bn Decline   The stock market suffered N37bn decline on Tuesday following a six-day successive bullish run on the floor of the Nigerian Exchange Limited after profit-taking activity. The All-Share Index slumped by 67.98 absolute points, representing a decrease...

Fuel Pump Price To Skyrocket As Marketers Threaten Shutdown The queues for Premium Motor Spirit, popularly called petrol, grew worse on Tuesday following an earlier directive to shut down filling stations by the Independent Petroleum Marketers Association of Nigeria (IPMAN). Although...

New Naira: CBN To Withdraw POS Operators License Over High Charges   The Central Bank of Nigeria (CBN) yesterday said it would withdraw the licenses of Point of Sale (PoS) agents found culpable of inflating the charges on customers who withdraw...

FG Rakes In N3.63bn From Postal Services   The National Bureau of Statistics (NBS) said the Nigerian Postal Service raked in N3.63 billion in 2021. The collection, however, dipped by 22.79 per cent compared to the revenue that it earned the previous...

ILO Says Global Unemployment To Hit 208 Million The International Labour Organisation (ILO) has projected that global unemployment would rise slightly by around 3 million to 208 million in 2023. The United Nations agency also said this would mark a reversal...

FG Disburses N16.8bn Cash Grants To Over Two Million Vulnerable Nigerians   The Federal Government has disbursed over N16.8bn as grants and Conditional Cash Transfers to more than two million Nigerians since the commencement of the CCT programme in 2016. Data obtained...