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Nigeria spends N18.397bn daily on petrol subsidy – FG
The Federal Government has disclosed that it spends N283 per litre or N18.397billion per day on petrol subsidy.
The Minister of…
CBN unveils USSD code to access eNaira, effective from next week
The Central Bank of Nigeria (CBN) has unveiled a new short code for subscribers of its digital currency, eNaira to make…
Rising inflation: Those claiming Buhari ran Nigeria’s economy aground are…
The Presidency on Friday said so-called revisionists and ‘experts’ who claimed President Muhammadu Buhari has run the nation’s…
Lagos Chamber of Commerce reacts to July Inflation Rate
In July 2022, Nigerians paid more for goods and services than they did exactly a year earlier in July 2021 by a relatively high…
Turkish Airlines passengers in Nigeria to purchase tickets in dollars
Turkish Airlines has suspended sale of tickets in naira, and instructed its customers to pay in United States dollars.
The…
CBN ends COVID-19 slash, reverts to 9 percent interest rate on all its…
The Central Bank of Nigeria (CBN) has reverted to 9 percent interest rate on its facilities, ending its Covid-19 period reduction…
Emirates Airlines to suspend flights to Nigeria from September
Emirates Airlines announced on Thursday that it will cease operations in Nigeria on September 1, 2022.
It stated that the…
Jaiz Bank set to convert to HoldCo, sources for N150bn
After ten years of operation, Jaiz Bank plc is set to join the list of banks converting to a Holding Company (HoldCo), with the…
Russia/Ukraine war: European gas prices surge to six-month peak
European gas prices on Tuesday surged to a six-month peak, exacerbating recession fears as the region faces the prospect of…
Lagos to relocate Okobaba sawmillers to Ikorodu – Sanwo-Olu
The Lagos State Government on Tuesday said the Okobaba saw millers would possibly be moving to the proposed site at Agbowa area of…