Tinubu Unveils N2trn Economic Revival Plan, Inaugurates PECC President Bola Ahmed Tinubu has presented a N2 trillion stabilization and advancement plan to the Presidential Economic Coordination Council (PECC). The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, disclosed this to State House...

CNG: NNPC to Build Three LNG Stations, 100 Sites Nationwide The Nigerian National Petroleum Company (NNPC), says the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has commenced and is irreversible. Malam Mele Kyari, Group Chief Executive Officer, NNPC Ltd, said in addition to...

Dangote Flays CBN’s 30% Interest Rate Chairman and Chief Executive of the Dangote Group, Aliko Dangote, has criticised the latest increment of interest rate to almost 30 per cent by the Central Bank of Nigeria (CBN). While addressing the audience during the opening session of a...

N180trn Consumer Credit Scheme Set for Takeoff  The Consumer Credit Scheme of the Federal Government will take off with a target of N180 trillion available as loans to the beneficiaries, the agency in charge said at the weekend. The Consumer Credit Corporation (CreditCorp) plans a take-off...

Band A: DisCos Monthly Revenue Soars by 42.29% to N142.92bn The revenue collected by electricity distribution companies, DisCos, increased significantly by 42.29% to N142.92 billion in April 2024, following the hike in electricity tariffs for approximately two million customers in Band A. The revenue in...

New Minimum Wage May Push States into Bankruptcy — NGF Report As the nation awaits the new minimum wage promised to be sent to the National Assembly by President Bola Tinubu, the burden of implementing the minimum wage may make many states bankrupt. The Federal Executive...