The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities, increased by 1.80 per cent to 31.70 per cent in February compared to 29.90 per cent in the preceding month, the National...
In the 2024 ranking of the Henley Passport Index, Nigeria has claimed the 95th spot among the world’s passports, lagging behind countries like Ghana, Guinea, Kenya, Lesotho, Morocco, Benin Republic, and Namibia. While Nigeria holds its position in the...
Saudi Arabia has cancelled the visa of all the 264 passengers airlifted by Nigeria’s major carrier, Air Peace, on arrival in Jeddah from Kano and insisted that the airline should return them back to Nigeria. It later allowed 87...
The Edo State Governor, Mr. Godwin Obaseki; Chairman of the Board of Trustees, Alaghodaro Economic Summit Limited/Gte, Dr. Asue Ighodalo, and the Chairman and Chief Executive Officer of the Dangote Group, Aliko Dangote, and other guests at the 2023...
The Government of Saudi Arabia has pledged investment in the revamping of Nigeria’s refineries. It also indicates interest in providing financial support to sustain the government’s determination of reforming the foreign exchange.Saudi Crown Prince Mohammed bin Salman made these...
The National Industrial Court, on Friday, restrained the Nigeria Labour Congress, NLC, Trade Union Congress, TUC, as well as their affiliates from embarking on any form of strike or industrial action.The organized labour were ordered to stop their planned...
The Presidential Compressed Natural Gas Initiative has inaugurated the Kaduna State CNG conversion centre as part of the Federal Government’s effort to mitigate the effect of subsidy removal.According to the Chairman of the Presidential CNG Initiative Steering Committee, Zacch...
President Bola Tinubu has written the House of Representatives seeking the approval of the sum of N2,176,791,286,033 as 2023 supplementary budget to address labour wage adjustments, security and more. The President also sent the 2024-2026 Medium Term Expenditure Framework...
As part of efforts to boost foreign currency liquidity in the economy and strengthen foreign exchange (FX), the federal government has concluded plan to securitise about $7 billion of the country’s dividends from the Nigerian Liquefied Natural Gas (NLNG)....
The former Minister of Power, Prof. Barth Nnaji, has alleged fuel suppliers and generator contractors are sabotaging efforts to ensure that Nigerians have consistent access to Electricity. Nnaji stated this during the South East Political Roundtable on Flo FM...
