Wednesday, January 26, 2022

Subsidy Removal: CCP Warns NLC, TUC of In tended Protest.

Subsidy Removal: CCP Warns NLC, TUC of In tended Protest. ...Says Protest Misguided, Unwise A group under the aegis of Concerned Citizens Project(CCP) has warned the...
DG NITDA Kashifu Inuwa

FG Probes Online Banks Over Breach Of Customers’ Data Privacy

FG Probes Online Banks Over Breach Of Customers’ Data Privacy   The Federal Government has begun a probe of online banks over their alleged breaches of...

Breaking: FG Suspends Planned Subsidy Removal Indefinitely

The Federal Government of Nigeria has suspended the planned removal of subsidy on petroleum products till further notice. The Minister of Finance, Budget and Economic...
Nigerian Stock Exchange

In One Week, Stock Market Investors Gain N840bn

In One Week, Stock Market Investors Gain N840bn   Investors in the Nigerian stock market saw the worth of their shares rise by N840bn last week...
Wheat Farm

Bakery Operators Lament As Wheat Production Crashes By 89.4%

Bakery Operators Lament As Wheat Production Crashes By 89.4%   Local wheat production has fallen by 89.4 per cent, raising concerns by bakery operators over the...
Central Bank of Nigeria

CBN Releases e-invoicing Guidelines For Import, Exports

CBN Releases e-invoicing Guidelines For Import, Exports   The Central Bank of Nigeria (CBN) has released guidelines for the newly-introduced electronic invoicing (e-invoicing) and evaluator for...
Zainab Ahmed, Minister of Finance

FAAC: December Allocation Rises by N23.878bn

The Federation Accounts Allocation Committee (FAAC) has shared a total of N699.824 billion – being revenue that was generated in December – among the...
Refinery

P/Harcourt Refinery Projects 3.96bn Litres Petrol Annually

P/Harcourt Refinery Projects 3.96bn Litres Petrol Annually   The Port Harcourt Refining Company, currently under rehabilitation, will supply 11 million litres of Premium Motor Spirit, popularly...
Leather

Nigeria Loses N585bn Annual Leather Revenue To Other Countries

Nigeria Loses N585bn Annual Leather Revenue To Other Countries   Nigeria loses at least N585 billion of yearly leather product revenue to other countries, an estimated...
Nigerian Stock Exchange

Foreign Investors Push Nigerian Equities To N417bn Gain

Foreign Investors Push Nigerian Equities To N417bn Gain   A flood of open market orders by foreign investors yesterday pushed Nigerian equities to their second consecutive...
Naira Against Dollar

‘CBN May Devalue Naira By 10%’

'CBN May Devalue Naira By 10%'   A senior Investment Strategist at Standard Chartered, Abhilash Narayan, has said the Central Bank of Nigeria (CBN) may be...
Diesel

Price Of Diesel Rises Further By 18.5% To N343/litre

Price Of Diesel Rises Further By 18.5% To N343/litre   There are indications that price of The average retail price of Automotive Gas Oil (diesel) is...
The Nigerian Senate

Senate Passes Rice Council Bill

Senate Passes Rice Council Bill   The Senate, on Wednesday, passed a bill seeking to establish National Rice Development Council, expecting it to save Nigeria about...
Crude Oil

Nigeria’s Daily Oil Production Falls Below 1.2m Barrels

Nigeria’s Daily Oil Production Falls Below 1.2m Barrels   Crude oil production in Nigeria fell below 1.2 million barrels per day in December 2021 from 1.28...
Cooking Gas Cylinder

Cooking Gas Demand Surges Over NLNG’s 100% Domestic Supply

Cooking Gas Demand Surges Over NLNG’s 100% Domestic Supply   There is currently a surge in the demand for Liquefied Petroleum Gas, popularly called cooking gas,...
President Muhammadu Buhari

Lawan Says Buhari Didn’t Direct Anyone To Remove Petrol Subsidy

Lawan Says Buhari Didn’t Direct Anyone To Remove Petrol Subsidy   The Senate President, Ahmad Lawan, says President Muhammadu Buhari has not asked any official in...
Import

Nigeria’s Import Bill Rose To $8.92bn In Nine Months

Nigeria’s Import Bill Rose To $8.92bn In Nine Months   Nigeria’s total import bill for the period January to September 2021 rose to $8.92bn from $4.29bn...
NLC President, Ayuba Wabba

Labour Lists Conditions For Fuel Subsidy Removal

Labour Lists Conditions For Fuel Subsidy Removal Key labour unions in Nigeria met on Tuesday in Abuja where they outlined the conditions the Federal Government...
CBN Governor, Godwin Emefiele

In Six Years, CBN Invested Over N1trn On Farmers – Emefiele

In Six Years, CBN Invested Over N1trn On Farmers – Emefiele   The Central Bank of Nigeria (CBN) has empowered at least 4,489,786 farmers through intervention...

Buhari Mismanaged $550bn Economy Handed to him by Jonathan – PDP Governors

By Kabir Abdulsalam Governors of the Peoples Democratic Party (PDP) have slammed President Muhammadu Buhari over his poor handling of the nation and the...