Economy
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CBN hikes interest rate to 18.75%
THE policy-setting committee of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest…
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Hike in Petrol Price: We’re not living, but merely surviving, Nigerians cry out
Nigerians have continued reeling under the effect of the recent hike in the cost of Premium Motor Spirit (PMS), which…
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Subsidy Removal: N8,000 palliatives is a lot of money for poor families, says Gov Sule
Governor Abdullahi Sule of Nasarawa State has expressed his disagreement with those who argue that the proposed N8,000 palliative by…
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Alleviate rather than worsen poverty, hardship of Nigerians – CAN tells Tinubu
The Christian Association of Nigeria (CAN), Friday, called on the federal government to prioritise measures that will alleviate rather than…
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FG dumps Buhari’s social investment register, says it lacks credibility
The National Economic Council (NEC) presided over by Vice President Kashim Shettima, has dumped the national social register under Muhammadu…
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Shockwave sweeps through banks, firms over currency risk, capital erosion crisis as dollar hits N850
The falling naira has sent a shockwave across the market, throwing many bank chiefs off guard. Whereas the majority of…
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FG to bar PoS agents from fixing new prices
The Federal Government through the Federal Competition and Consumer Protection Commission is set to issue an order against moves by…
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Fuel Subsidy Removal: FG to review workers’ salary — Akpabio
President of the Senate, Godswill Akpabio has assured Nigerian workers of the readiness of the government to review the salaries…
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Nigerians groaning in pain, agony as higher fuel prices shrink incomes, worsen poverty
Less than 24 hours after the National Bureau of Statistics (NBS) released data about the June inflation, which rose to…
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Nigeria loses $29bn to poor power supply annually – AfDB president Adesina
The African Development Bank (AfDB) said Nigeria loses $29 billion due to poor power supply annually while manufacturers in the…
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