Meet Urum Eke, W/bank consultant who rejected Tinubu’s CBN appointment
A consultant with the World Bank, Urum Eke, on Thursday, rejected President Bola Tinubu’s appointment to serve as a member of the Central Bank of Nigeria…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Federal Govt Pays $120m Gas Debt To Boost Power Generation
The federal government says it has paid over $120 million to offset part of the debts owed to gas companies (GasCos) for electricity generation. This was…
NIN-Bank Linkage: 85.51m Bank Customers Risk Account Suspension
About 85.51 million bank customers may not to be able to withdraw from their bank accounts by March 1, 2024, due to their inability to link…
NCC harps on efficiency of local content for Nigeria’s Economic Development
The Nigerian Communications Commission (NCC) has stressed on the efficiency and the need for deepening the local content value chain as a critical driver for economic…
Economy Hardship: Ogun Launches Free Surgery for Residents
Ogun State Government on Monday began the process of offering free surgery to indigents in the state as part of plans to help cushion the effects…
Economy Hardship: Lagos Residents Rally in Street Protest
Lagos State residents on Monday hit the streets to protest against the high level of hardship in the country. LeadingReporters learnt that the ongoing protest was…
BREAKING: One feared dead as Yoruba and Hausa traders clash in popular Lagos market
The Oluwole Market in Ogba, Lagos, witnessed a disruption of commercial activities as clashes erupted between Yoruba and Hausa communities. The clash, which began on Thursday…
Economic Hardship: Ogun govt begins sale of rice to Nigerians at cheaper rate
Ogun State governor, Dapo Abiodun has announced the purchase of 100 truckloads of rice to be sold at cheaper rates to residents to ease the effect…
Economy Hardship: Nigerian Government Halts Cooking Gas Exportation
The Federal government has halted cooking gas exportation in a bid to lower the price of the commodity in the country. Minister of State, Petroleum Resources,…
Economic Hardship: Lagos slashes transport fare by 25%
The Lagos State Governor, Babajide Sanwo-Olu, has said that the state will resume a 25% reduction on public transportation in the state. In a live media…