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Business and Economy

Policy inconsistency of CBN undermines foreign exchange supply – DG, Lagos Chamber

CHINYERE Almona is the newly appointed director-general of the Lagos Chamber of Commerce and Industry, the oldest chamber of commerce in West Africa, with...

NNPC writes PRIMORG, refutes report of procurement fraud in slop oil deal 

...Declines to give details  THE Nigerian National Petroleum Corporation (NNPC) has refuted an investigation indicting the corporation of procurement fraud in slop oil sale, where...

About 1.74bn litres of PMS supplied in August, NNPC still sole importer -Report

THE Petroleum Products Pricing Regulatory Agency (PPPRA) report on the products supply in the month of August indicates that about 1.735 billion litres of...

Sanusi describes fuel subsidy as scam, regrets protest that stopped attempted removal by Jonathan

FORMER Emir Of Kano Sanusi Lamido Sanusi, on Friday, described Nigeria’s petrol subsidy regime as a scam, expressing regrets over the nationwide protest that...

DisCOs rip off customers with false promise of regular power supply using faulty tariff bands

THE Tariff Band Methodology deployed by Nigeria’s electricity distribution companies (DisCOs) to promise regular power supply is misleading and unrealistic, and the DISCOs have...

CBN to track illicit funds, tax evaders with October launch of eNaira

THE Central Bank of Nigeria's proposed launch of eNaira in October is targeted at tracking 'unmonitored'  financial transactions in Nigeria's financial sector, The ICIR's...

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Publish transition plan for PIA to avoid repeat of power privatisation mistakes, experts tell FG

ENERGY analysts have challenged the Federal Government to go beyond the scrapping of some agencies in the Federal Ministry...

Turkish president will ask Buhari to shut down Nile University, NTIC, others during visit to Nigeria

TURKISH President Recep Tayyip Erdoğan would again ask the Nigerian government to close down schools linked to the Gulen...

How women group constructs road in Abuja community to ease movement

By Ekpali SAINT AT about 5:30 p.m. on  Friday of May 2019, Khadijat Yunusa was heading home on a motorcycle...

Centre decries spike in cholera outbreak, tasks FG on urgent solutions

THE Centre for Environmental Sustainability and Development Awareness (CESDA), on Tuesday, asked the Federal Government to expedite actions on...

#EndSARS: Falana says son will protest on Wednesday

  RENOWNED lawyer and human rights activist Femi Falana has said that his son will protest on Wednesday, urging governments...
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