The world’s top most expensive passportsBag of ‘clean water’ to cost N300 in Akwa Ibom as a result of subsidySubsidy removal crisis: TUC tells FG to raise the minimum wage for workers to N200,000Experts weigh in as the withdrawal of gasoline subsidies fuels the energy crisisYour law degree is meaningless and you are incompetent. Keyamo is made fun of by Atiku’s assistant.
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Category: business news
Nationwide shutdown looms as inflation becomes worse due to fuel subsidies.
The country has been in a state of chaos since President Bola Tinubu announced the end of the fuel subsidy regime on Monday, May 29, 2023, as citizens deal with…
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Nigeria Spent N72 Billion To Import Milk In 2022
Data from the National Bureau of Statistics (NBS) has shown that at least N72.9 billion on importation of milk in 2022. The report titled: “Foreign Trade Statistics”, disclosed that N27.6…
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Businesses make brisk profit ahead of Tinubu’s inauguration
Ahead of Monday’s inauguration of Bola Ahmed Tinubu as the President of the Federal Republic of Nigeria, businesses in the Federal Capital Territory are making brisk profits. A visit by…
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Manufacturers knock CBN over interest rate hike to 18.5 per cent
The Manufacturers Association of Nigeria has knocked the Central Bank of Nigeria’s decision to increase the Monetary Policy Rate, also known as the interest rate, to 18.5 per cent amid rising…
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CBN Announces Increase In Interest Rate
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 0.50 per cent to 18.50 per cent. This was made known by Godwin Emefiele, the Governor…
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Court orders Buhari govt to account for $460m Chinese loan
A Federal High Court sitting in Abuja has ordered the government of President Muhammadu Buhari to “account for the spending of $460 million Chinese loan to fund the failed Abuja…
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Nigeria’s inflation increases to 22.22 per cent
Nigeria’s April inflation figure on Monday increased to 22.22 per cent from 22.04 per cent last month. The National Bureau of Statistics Consumer Price Index report released Monday disclosed this.…
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Budget Office, World Bank frown at Buhari’s borrowing spree
President Muhammadu Buhari-led administration’s appetite for borrowing despite having less than 19 days to leave the seat of power has continued to be a severe concern to Nigerians. The Budget…
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Transcorp: How I Was Backstabbed By Tony Elumelu — Otedola
Femi Otedola, a billionaire businessman, claims that Tony Elumelu, another tycoon, stabbed him in the back. In his speech on Tuesday, Otedola reminisced about his friendship with Elumelu and the…
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Fuel Subsidy: CISLAC knocks FG over $800m World Bank loan
The Civil Society Legislative Advocacy Centre has faulted the federal government over its $800 million World Bank loan for fuel subsidy Palliatives to Nigerians. In a statement during the weekend…
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