Economy

March 27, 2023

The International Labour Organisation (ILO) on Sunday commended Nigeria for its unprecedented commitment to tripartism, social dialogue and decent work....

Budget 2023: Fears as oil price drops 3% to $73.87 per barrel.

March 27, 2023

There were fears, weekend, as the price of Nigeria’s premium oil grade, Bonny Light, dropped to $73.87 per barrel, from...

CBN’s new lending rate to raise the entire construction value chain

March 27, 2023

Industry professionals fear that the increased interest rate set by the Central Bank of Nigeria (CBN) will have an adverse...

FAAC disburses N722.7b to FG, States, LGs.

The Federation Account Allocation Committee (FAAC) has shared a total sum of N722.677 billion February 2023 Federation Account Revenue to...

NLC directs workers to shut down CBN offices nationwide.

The leadership of the Nigeria Labour Congress (NLC) on Wednesday directed all workers to picket all the offices of the...

Nigeria needs to quadruple current investments to meet Water, Sanitation SDGs – UNESCO

The UN Educational, Scientific and Cultural Organisation (UNESCO), has called on Nigerian Government to quadruple current investments, in order to...

NMDPRA inaugurates oil and gas industry service permit portal.

Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has inaugurated the Midstream and Downstream Oil and Gas Industry Service Permit...

FEC approves $984.7m for maintenance of NRC equipment.

The Federal Executive Council (FEC) has approved $984.7 million for the procurement of maintenance equipment for the Nigeria Railway Corporation...

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

CBN governor blames insecurity and high transport costs for the hike in food inflation.

March 22, 2023

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said that the country’s rising food inflation is due...

UNIDO, FG, Japan to implement project for job opportunities.