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ECONOMY
JUST IN: MTN May Reverse Subscribers “Loan Forgiveness”
The jubilation of subscribers on Nigeria’s biggest mobile phone network services provider, MTN Nigeria over the “debt forgiveness” that led to the wiping off all their call time and data loans may be short-lived as it has been discovered…
Private housing output drops faster than any other construction sector
By Oruku Sunday Adebayo
The fall in construction output last autumn was weakened further in November by heavy rain and strong winds, according to the latest official figures.
Output in the month slipped 0.2% due to adverse weather,…
Minister of Power, Adebayo Adelabu Escape Death in Ibadan Plane Crash
A private jet operated by Flint Aero Nigeria which took off from the Nnnmdi Azikiwe International Airport Abuja on Friday night crash landed at the Samuel Ladoke Akintola Airport, Ibadan.
The aircraft with seven passengers and three crew…
Nigeria, France Sign $120 Million ICT Agreement, to Recieve $150million Abacha Loot
The Federal Government has signed an agreement work about €100 million with the government of France to boost the creative industry and investment in the information technology sector of the economy.
The agreement was signed under the…
Tinubu Approves N210 billion for Payement of N35,000 Increment in Workers Salaries
The Federal Government on Monday approved N210 billion for the payment of the N35,000 wage increment for Nigeria civil servants.
The approval was part of N2.18 trillion supplementary budget being proposed by President Bola Tinubu.…
18 million Tricyle, Okada Operators in Nigeria Set to Get Central Database
Commercial Tricycles and motorcycle operators in Nigeria have revealed that they are on the verge of creating a central database for all their members in the country.
The group under the umbrella of National Commercial Tricycle,…
President Tinubu Appoints New CEOs for NIWA, Nig Shippers Council
President Bola Tinubu on Wednesday appointed Osun State former Commissioner for Finance, Alhaji Munirudeen Bola Oyebamiji as Managing Director/CEO of National Inland Waterways Authority (NIWA),
In a statement signed by presidential…
China and Nigeria Engaged in Mutually Beneficial Diplomatic Relations- Speaker, Tajudeen Abbas
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The Speaker of the House of Representatives Hon. Abbas Tajudeen, has said that the over 50 years of diplomatic relationship between Nigeria and China has produced many outcomes of mutual benefits for both countries.
The…
Kebbi, Ebonyi, Yobe, Taraba Generated N42 billion IGR in 2022 as Lagos Grossed N651 billion- NBS…
Kebbi, Taraba, Yobe and Ebonyi states emerged as the states that generated the least Internally Generated Revenue (IGR) in the year 2022.
According to the reports released on Monday by the National Bureau of Statistics…
While Nigeria Refineries Rot Away, NNPCL Embarks on Multi Billion Naira Office Rehablitation in…
As Nigerians groan under the heavy hardship occasioned by the removal of subsidy on petroleum products and subsequent free fall of the Naira, the Nigeria National Petroleum Corporation Limited (NNPCL) has embarked on a multi-billion naira…