MAPOLY Suspends 19 Students For Exam MalpracticesMakinde Commends Army, Other Security Agencies For keeping Peace In OyoNigerian Bodybuilder, Michael Chidozie Dies Weeks After Being Shot By WifeFG SETS TO MAKE JUSTICE ACCESSIBLE TO ALL NIGERIANS – FAGBEMI19 Dead In Oyo-Ogbomoso Road Accident
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Category: Economy and Capital Markets
FG spent N50bn on 2m vulnerable Nigerians in 2022
The Federal Government said it had spent N50 billion on vulnerable Nigerians under the National Poverty Reduction with Growth Strategy (NPRGS). Also, the government disclosed that it would be spending…
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Nigeria flared 59.3SCF gas valued at N81bn in two months
The federal government has said 50.3 Standard Cubic Feet of gas valued at N81 billion Naira ($176 million) was lost to gas flaring in two months (January to February 2023)…
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Marketers Express Concern Over Importation Of Bad Apples
Apple marketers in Kano State have shown concern over the importation of bad apples into the country by some accredited importers. Alhaji Ado Yusuf, the leader of apple marketers in Kano…
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NAFDAC To Partner NMSMEs To Grow Nigerian Economy
The National Agency for Food and Drug Administration and Control (NAFDAC) has said it will continue to collaborate and support the Nano Micro, Small and Medium Enterprises (NMSMEs) to enable them…
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Nigeria’s power sector’s problems are surmountable, says Otedola
Femi Otedola, Chairman of Geregu Power, believes Nigeria’s power sector problems are surmountable with leadership and willpower, he said at Geregu’s first annual general meeting as a listed company. Otedola…
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Nigeria’s debt stock increases by 6.69trn in 1 year
Nigeria’s total public debt stock increased to N46.25 trillion or $103.11 billion as of December 2022, representing a N6.69 trillion increase from N39.56 trillion in December 2021. The Debt Management…
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Loan Apps: A Look Into Google Play Store Disabling Defaulting Lenders
In Nigeria, digital loan lenders (aka loan sharks) are becoming increasingly unpopular going by their crude approach to attracting interested borrowers as well as recouping loans. They go as far…
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CBN gives contact details to report PoS operators charging above approved rate
The Central Bank of Nigeria (CBN) has taken steps to combat the issue of Point of Sales (PoS) operators who sell, issue, or charge above the approved rates. The CBN…
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Kuwait Oil Company Declares State Of Emergency After Onshore Oil Spill
The state-owned company of one of OPEC's top producers, Kuwait Oil Company, has announced a state of emergency on Monday, following an oil leak on land. The company was quoted by AFP…
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Nigeria’s current 1.3m production output highest in 13 months
Nigeria’s crude oil output rose to 1.3 million barrels per day in February, the highest in 13 months. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its latest…
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