FG suspends duties, taxes rice, wheat, other food imports
The Federal Government has announced the suspension of duties, tariffs, and taxes on some essential food items imported through land and sea borders. The Minister of Agriculture and Food…
Obazee to Nigerians: Demand accountability with consequences
Jim Obazee, the Special Investigator appointed by President Bola Tinubu to look into the activities of the Central Bank of Nigeria, CBN, and others, has charged Nigerians to demand “accountability…
Depleting airlines’ fleet triggers spike in local airfares
Reduction in the number of serviceable aircraft in the fleet of indigenous carriers has triggered a huge spike in airfares charged on local routes. The development has led to…
Flood: Lagos issues 48-hr eviction notice to Gbagada-Bariga channel squatters
The Lagos State Government has issued a 48-hour eviction notice to property owners who have built illegal structures and to squatters along the Gbagada-Bariga Channel. This was disclosed by…
S&P: Dangote Refinery can help solve Nigeria’s FX problems, boost economy
International financial analytics corporation, S&P Global, has described the 650,000 barrels per day (bpd) Dangote Oil Refinery and Petrochemicals company as capable of resolving Nigeria’s foreign exchange issues and its…
Why CBN insists on another recapitalisation — Cardoso
The Central Bank of Nigeria, CBN, insisted weekend that further capitalisation of banks in the country was for the common good of the nation. CBN governor, Olayemi Cardoso, stated this…
Gov Aliyu vows to punish officials who diverted workers’ Sallah gifts
Governor Ahmed Aliyu of Sokoto State has vowed to punish government officials who tempered with the Sallah gift approved for the workers. The governor had approved N30,000 as a…
My family went into exile, banking sector consolidation was ‘dangerous war’ – Soludo
Prof Charles Soludo, governor of Anambra, says the consolidation of the Nigerian banking sector has permanently changed the system — but the process was a dangerous war. Soludo spoke…
Fuel scarcity looms as depots raise petrol price to N720/litre
Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners hiked the ex-depot price of petrol from N630 to N720 per litre.…
NELFUND lists 36 state tertiary institutions that qualify for students’ loan (Full List)
The Nigerian Education Loan Fund (NELFUND) on Sunday announced that approval has been given to students from state-owned tertiary institutions to access the federal government loan. NELFUND, in a…
