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Inflation, Others Push 50% Telecom Tariff Hike, Reviews Ongoing – Edun

Inflation, Others Push 50% Telecom Tariff Hike, Reviews Ongoing - Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that tariffs in the telecommunications sector will undergo periodic reviews to address rising operational challenges. Speaking on Arise TV during the...

FHA Clarifies Allegations on Gwarimpa Police Station

FHA Clarifies Allegations on Gwarimpa Police Station The Federal Housing Authority (FHA) has denied allegations that it re-allocated the land housing the Police Station on its Gwarimpa Housing Estate to cronies. The management made the clarification in a public notice on Monday, following a program...

Nigeria’s Public Debt Hits N142tn as Servicing Gulps N3.57tn in Q3 2024 – DMO

Nigeria’s Public Debt Hits N142tn as Servicing Gulps N3.57tn in Q3 2024 – DMO Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97 per cent (N8.02tn) compared to N134.3tn in June 2024. The debt, comprising external and...

Inflation: Unsold Goods Rise N1.4trn in 2024 – MAN

Inflation: Unsold Goods Rise N1.4trn in 2024 - MAN The Manufacturers Association of Nigeria says high inflation and reduced purchasing power of consumers led to more than N1.4 trillion unsold goods by manufacturers in 2024. MAN's President Francis Meshioye disclosed this yesterday, in Lagos, at the...

50% Hike: NLC, TUC, Others Call Nigerians to Reject, Boycott Telecom Services

50% Hike: NLC, TUC, Others Call Nigerians to Reject, Boycott Telecom Services The Nigeria Labour Congress, NLC, has called on Nigerians to reject the 50 per cent hike in telecommunications tariff. NLC described it as “another harsh burden” and threatens to mobilise workers to boycott telecom...

After Tuesday’s Gain Equity Market Dips with N185bn Loss

After Tuesday's Gain Equity Market Dips with N185bn Loss Transactions on the Nigerian Stock Exchange closed on a negative note on Wednesday, as the market reversed previous gains, recording a decline of 0.29 per cent. The All-Share Index shed 301.64 points, closing at 102,836.13 points, down...