Economy

CBN sells dollars to BDCs at N1,021/$

• Business
• Economy

CBN sells dollars to BDCs at N1,021/$

Chief Reporter April 23, 2024 0

The Central Bank of Nigeria (CBN) has further reduced the foreign exchange (FX) rate for dollar allocations...

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Again, Dangote slashes diesel, aviation fuel prices to N940, N980

• Economy

Again, Dangote slashes diesel, aviation fuel prices to N940, N980

Chief Reporter April 23, 2024 0

  Dangote Petroleum Refinery on Tuesday announced a further reduction in the prices of both diesel and...

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Nigeria secures $2.25 billion World Bank loan

• Economy

Nigeria secures $2.25 billion World Bank loan

Chief Reporter April 22, 2024 0

The Federal Government of Nigeria has announced its qualification for a loan from the World Bank, totaling...

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We are prepared for job losses on recapitalisation – Bank workers president

• Economy

We are prepared for job losses on recapitalisation – Bank workers president

Chief Reporter April 16, 2024 0

  The Association of Senior Staff of Banks, Insurance and Financial Institution (ASSBIFI), has assured workers in...

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BREAKING: For umpteenth time, Nigerians thrown into darkness as national grid collapses

• Business
• Economy

BREAKING: For umpteenth time, Nigerians thrown into darkness as national grid collapses

Chief Reporter April 15, 2024 0

For the umpteenth time, Nigeria’s power grid experienced another collapse in the early hours today, Monday, April...

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Banks recapitalization weighs down stock market, investors lose N633bn

• Business
• Economy

Banks recapitalization weighs down stock market, investors lose N633bn

Chief Reporter April 15, 2024 0

Investors have continued to backpedal on the stock market, especially in the banking sector, on the back...

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Hike in electricity tariff further exploitation of poor Nigerians — Electricity workers

• Economy

Hike in electricity tariff further exploitation of poor Nigerians — Electricity workers

Chief Reporter April 15, 2024 0

National Union of Electricity Employees (NUEE) has said the hike in electricity tariff is further exploitation of...

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Lagos-Calabar Highway project a big fraud — Atiku insists

• Business
• Economy

Lagos-Calabar Highway project a big fraud — Atiku insists

Chief Reporter April 12, 2024 0

  Former Vice President Atiku Abubakar yesterday described the N15.6 trillion attached to the 700km Lagos-Calabar Coastal...

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Prioritise locally-made vehicles – ANAMMCO urges govt, corporate firms

• Business
• Economy

Prioritise locally-made vehicles – ANAMMCO urges govt, corporate firms

Chief Reporter April 12, 2024 0

The Anambra Motor Manufacturing Company has urged governments at all levels and corporate organisations to prioritise patronage...

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The Lagos-Calabar coast road will be finished in eight years at a cost of N4 billion per kilometre – FG

• Economy

The Lagos-Calabar coast road will be finished in eight years at a cost of N4 billion per kilometre – FG

Chief Reporter April 11, 2024 0

The Minister of Works Dave Umahi says the Lagos-Calabar coastal road construction will take eight years and...

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