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How Naira Scarcity Frustrated Nigerians’ Efforts to Stock Food Ahead of Elections  

How Naira Scarcity Frustrated Nigerians' Efforts to Stock Food Ahead of Elections   By Abbas Badmus Some Nigerians have told the story of how the ongoing cash crunch frustrated their efforts to buy and keep enough food stuff at home ahead of the general elections. Due to the...

FEC: Buhari Swears-in ICPC Board Members

FEC: Buhari Swears-in ICPC Board Members President Muhammadu Buhari has sworn in seven members to the board of the Independent Corrupt Practices and other related offences Commission (ICPC). The inauguration, which followed the confirmation by the Nigerian Senate, took place at the Council Chambers of the...

Cash Crunch: Nigeria’s inflation Rises to 21.82% 

Cash Crunch: Nigeria’s inflation Rises to 21.82%  The National Bureau of Statistics (NBS), Consumer Price Index (CPI) report has showed that Inflation rose to 21.82 per cent in January compared to 21.34 per cent in December The statistics office said the headline inflation rate rose to...

Abuja Residents Groan as Fuel Scarcity Bites Harder

Abuja Residents Groan as Fuel Scarcity Bites Harder By Khadijah Ahmad Ado Some residents of FCT Abuja have expressed their concerns about the unending fuel scarcity in the country. Speaking to ECONOMY ON THE STREET anchor, Rahma Oladosu, the residents said this is one of the longest...

Presidential Council To NIMC: Review N1,000 NIN Fee

Presidential Council To NIMC: Review N1,000 NIN Fee   The Presidential Enabling Business Environment Council (PEBEC) on Tuesday, called on the National Identity Management Commission (NIMC) to review its newly introduced charge of N1,000 for National Identification Number integration and verification for each Nigerian passport applicant. PEBEC...

Local Experts Disagree Over US Bank’s Collapse

Local Experts Disagree Over US Bank’s Collapse   Some experts have expressed different opinions about the impact of the collapse of the American bank, Silicon Valley Bank, on the Nigerian economy. Regulators closed SVB Financial Group and its subsidiary, Silicon Valley Bank, on Friday and seized its...