FCCPC Gives Traders One Month to Crash Prices The Federal Competition and Consumer Protection Commission (FCCPC) has given one month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods. The newly appointed Executive Vice Chairman of the FCCPC,...

Nigeria, Boeing sign MoU to Boost Aviation Sector The federal government has signed a Memorandum of Understanding with an aircraft manufacturer, Boeing to boost the nation’s aviation sector. Disclosing this in a statement on Thursday, Tunde Moshood, the Special Assistant on Media and Communications to Minister...

FG, States to Procure Prepaid Meters with N100bn The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme. Adelabu disclosed this while addressing broadcasters in Ibadan, the...

Without Structural Gaps, Nigeria’s GDP will Grow by 5% – IMF The International Monetary Fund (IMF) has said that Nigeria’s economy stands to grow at five per cent beyond the current 3.19 per cent if there is a 25 per cent removal of bottlenecks around...

Whistleblowing Policy: N83bn, $609m Recovered in Six Years – Finance Minister The Minister of Finance and Coordinating Minister of Economy, Wale Edun, says the whistleblowing policy has helped the federal government to recover N83 billion, $609 million, and €5 million. Edun spoke on Wednesday at a...

Nigeria Air: Why Partnership on National Carrier Ended, Ethiopian Airlines Discloses Mesfin Tasew, the group chief executive officer (GCEO) of Ethiopian Airlines, says plans to establish a national carrier in collaboration with the Nigerian government and institutional investors, have ended. Tasew spoke in an interview with...