Large consignments of petrol imported by major oil marketers are expected to arrive in Nigeria next week and are expected to force down the commodity’s price, both major and independent dealers stated on Sunday. Following the recent unification of the country’s exchange, which improved operators’ trust, crude oil refiners were currently distributing refined petroleum goods […]
At the end of the 291st Monetary Policy Committee, MPC, meeting in Abuja, Emefiele stated that his team would work with Alhaji Aliko Dangote, the refinery’s promoter, to ensure that Nigerians benefited from the venture. He also stated that the CBN, the Federal Government, and the entire nation had assisted him in setting up the refinery.
This will be the third interest rate increase in 2023 for the Mr. Emefiele-led Apex Bank.
DMO argued in their refutation that the assertion is “false” because Nigeria had not missed a loan payment.
Despite increasing debts and unpaid wages for workers, no fewer than 18 departing state governors will retire into lives of luxury with significant pension benefits.
Nigeria’s inflation rate increased for the fourth consecutive month to 22.22 per cent in April from the 22.04 per cent recorded in March.
The 2023 budget, it was claimed, would fail because the cost of servicing the debt would consume the entire nation’s annual earnings.
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite on Thursday, has inaugurated the first international gemstone market in Nigeria, in Ibadan, the Oyo State capital. The federal government’s plan for economic sustainability includes the International Gemstone Market, which is located in Ojoo in the state’s Akinyele Local Government Area. Speaking at the event, […]
The Nigeria Electricity Regulatory Commission (NERC), says it will soon provide four million prepaid meters to electricity consumers in the country.
The Federal Government will start paying the anticipated wage raise for government personnel at the end of this month (April)
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