Business
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Buhari Approves $1.9bn For Kano To Niger Republic Rail Line
The President Muhammadu Buhari-led government has approved the a contract for the development of the proposed Kano-Katsina-Jibia to Maradi rail…
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Buhari Orders Reduction In Price Of Fertilizer
President Muhammadu Buhari has ordered the reduction of the cost of fertilizer from N5,500 to N5,000 naira per bag. The…
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Bread scarcity rages as bakers strike in Lagos, Abuja over price hikes
Residents of Abuja and Lagos are lamenting the increased scarcity in bread and a hike in its price as bakers…
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CBN probes betting houses, requests account statements of owners
The Central Bank of Nigeria (CBN) has requested that all banks in the country submit the statements of domiciliary accounts…
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FG, LAGOS GOVT. STOP BARGE OPERATIONS ALONG MARINA COASTLINE
. . . NPA to revoke company approvals . . . Lagos CP to arrest, prosecute offenders The Lagos Marina…
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HOME OWNERSHIP: CBN introduces construction facility
THE Central Bank of Nigeria, CBN, has introduced a construction finance facility to enable Family Homes Fund Limited to implement…
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13 power plants shut, Discos reject 8,733.39MW in one week
While many Nigerians were still smarting from the hike in electricity tariff, power generation in the country dropped on…
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AMUZU CONDEMNS FUEL, ELECTRICITY HIKE SAYS IT IS ANTI-PEOPLE
By Folake Sokoya A community leader in Ogun State, Chief Toyin Amuzu has condemned the recent hike in prices of…
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Six DisCos declare force majeure over CBN policy on revenue collection
Six electricity distribution companies (DisCos) have filed for force majeure over a decision by the Central Bank of Nigeria (CBN)…
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DisCos hike electricity rates as new tariff begins Tuesday( Today)
The power Distribution Companies (DisCos) are already hiking electricity rates despite the effects of the COVID-19 as a three-month tariff…
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