NCC Says No 40% Telecom Tariff Hike For Now   The Nigerian Communications Commission (NCC) has said the proposal of telecom operators for a 40 per cent end user tariff on services is not realistic this year. The operators, acting under the...

FG, World Bank, AFD to spend $575m On Rural Roads   The Federal Government has signed a tripartite agreement with the World Bank and the French Development Agency to commit an envelope to the tune of $575m for the construction of...

In One Week, Stock Investors Lose N767bn   Investors lost N767bn at the end of trading on the floor of the Nigerian Exchange Limited last week. The market opened for four trading days last week as the Federal Government declared Monday as...

Nigeria’s Public Debt, Others Hit 50-year High – World Bank   The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high, which is equivalent to more than 200...

FG To DisCos: Resume Free Metre Distribution   The Federal Government has given instructions to electricity distribution companies to resume the Metre Assets Providers programme, recently slowed down by the National Mass Metering Programme. Although the DisCos’ MAP has been in existence...

Price Of 5kg Cooking Gas Now N3,921.35 – NBS   The National Bureau of Statistics (NBS) says the average price of refilling a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N3,921.35 in May 2022. This is contained in the...