Business
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CBN aims to restart weekly foreign exchange intervention through BDC
The Central Bank of Nigeria (CBN) is reportedly set to resume its weekly interventions in the foreign exchange (FX) market…
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CBN sets to increase minimum capital requirements for BDC operators on TIER 1, TIER 2 licenses
BREAKING: The Central Bank of Nigeria (CBN) is considering raising the minimum capital requirements for Bureau De Change (BDC) operators…
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FAAC shares N1.149trn January revenue to FG, States, LGs
The Federation Account Allocation Committee, FAAC, shared N1,149.816 trillion January 2024 Federation Account Revenue with the Federal Government, States and…
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ECONOMY: SANWO-OLU UNVEILS RELIEF MEASURES, REDUCES WORK DAYS FOR LAGOS CIVIL SERVANTS
…Governor sets up open markets for cheap food items, slashes T-fares by 25% on public transport means …Launches palliative in…
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FG halts cooking gas exports in efforts to lower prices
In a bid to ease scarcity and reduce prices, the federal government on Thursdau February 23 2024 stopped the export…
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Port Harcourt refinery sets to generate 2m/Lt of PMS,2.2m/Lt of Diesel per day
The Federal Government on Thursday announced that the Port-Harcourt Refinery is gearing up to start generating two million liters of…
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Custom begins sales of seized food items, sells Rice for N10,000
The Customs has initiated a nationwide sale of seized items, with a bag of rice being auctioned at the price…
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Senate rejects plan by FG to increase electricity tariff through subsidy removal
The Senate on Wednesday rejected the plan by the federal government to increase electricity tariff through the removal of electricity…
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Labour Responds to DSS, Affirms Commitment to Continuing Nationwide Protest
The organized labor’s leadership criticized the Department of State Services (DSS) on Wednesday for cautioning against the planned protest scheduled…
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TUC pulls out of Labour’s nationwide protest
The Trade Union Congress has decided not to participate in the scheduled two-day nationwide protest announced by the Nigeria Labour…
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