Browsing: National

The exchange rate for a dollar to naira on the physical black market on Monday was N1, 280/US$ as against N1,260 against the greenback last week.…

The National Bureau of Statistics (NBS) in its latest report said that the Federation Account Allocation Committee (FAAC) disbursed the sum of N1.35 trillion to the…

Nigeria’s Chief of Defence Staff (CDS), Major General Christopher Musa, declares that the country is bleeding economically, and every effort must be made to halt crude…

Nigerians have reacted to the huge amount of money used by the Federal Government to subsidise electricity, advising the government to remove the subsidy in exchange…

The Ministry of Finance Incorporated (MOFI) has taken over from the Bureau of Public Enterprises (BPE), the Federal Government’s equity holdings in the 11 successor electricity…

The 7th elected governor of Imo State, Sen. Hope Uzodimma, has been sworn in along with the Deputy Governor of Imo State, Mrs Chinyere Ekomaru. The…

“As it is today, the Federal Government still subsidises electricity because the current tariff DISCOs are allowed to charge is not cost-reflective. This is why the…

Academic activities were grounded on Monday at the Federal University of Technology, Akure, following students’ protests against a hike in the institution’s tuition fees. The students,…

Nigeria’s headline inflation has increased to 28.92 per cent in December from 28.20 per cent in the previous month — November. The National Bureau of Statistics…

President Bola Tinubu on Monday led the leadership of the National Assembly, the armed forces and other critical stakeholders to pay respect to the fallen heroes…