The federal government announced yesterday that the removal of the subsidy has led to a significant…
Category: Finance
Impending Vehicle Scarcity as Dealers Bemoan Import Challenges
There are growing concerns that Nigeria may face a shortage of foreign-used vehicles, commonly referred to…
Analysts Decipher Why Nigeria’s Financial System Favors the Rich Amidst Rising Inflation
Against the backdrop of escalating inflation, analysts have shed light on the prevailing dynamics of Nigeria’s…
‘A Drain Pipe’: Air Peace CEO Allen Onyeama Decries Nigeria’s National Carrier
In a candid critique, Allen Onyeama, Chief Executive Officer (CEO) of Air Peace, has added his…
EFCC Set to Arraign Ibeto Today Over Alleged N4.8bn Fraud
The Economic and Financial Crimes Commission (EFCC) is poised to arraign Cletus Ibeto, Chairman of Ibeto…
Islamic Development Bank Commits to Funding Nigeria’s Multi-Billion Dollar Infrastructural Projects
The Islamic Development Bank has pledged its support for Nigeria’s extensive infrastructural projects, both at the…
Sanusi Reveals CBN’s Role in Naira Depreciation
Former Emir of Kano, Muhammad Sanusi, has disclosed the mechanisms through which the Central Bank of…
FG Reveals N190bn Outstanding Debt from CBN, NBET, and Others for Electricity Supply
The Niger Delta Power Holding Company (NDPHC), a federal government-owned power firm, disclosed that the Central…
China’s E-Commerce Giants Achieve Sales Growth as Singles Day Festival Concludes
China’s leading e-commerce companies, Alibaba Group and JD.com, have reported significant year-on-year sales growth as the…
Nigerian Customs Initiates Disposal of 7,000 Overtime Cargoes
Taking a decisive step towards decongesting ports nationwide, the Nigerian Customs Service (NCS) is set to…
