Flash Back: Nigeria’s NNPC spent $10 billion on fuel subsidy in 2022 paid to WHO
Nigeria’s NNPC limited led by the former president Muhammadu Buhari spent 4.39 trillion naira ($9.7 billion) on a petrol subsidy last year, latest data from the…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
How “ways and means” affects ordinary Nigerians
The phrase “ways and means” started before anyone using it today. It originated from the 17th century British Parliament and referred to “the provision of revenue to meet…
Deposed Kaduna monarchs, banks to issue NIN cards, other top national stories of preceding week
Last week saw a lot of events that merited news coverage. A list of some selected top national stories across Nigeria has been painstakingly prepared. El-Rufai…
Handover Data: President Tinubu’s administration is inheriting debt to GDP of 38%
Article Summary On May 29th, President Muhammadu Buhari’s administration handed over to President Bola Ahmed Tinubu. The handover marked the continuous transfer of democratic power since 1999, a…
37 Bank Accounts Linked To BVN Of MD Of REA and ED Engr. Barka Sajor Joda Uncovered
No fewer than 37 bank accounts linked to the Managing Director/CEO of Rural Electrification Agency, Engr. Ahmad Salihijo Ahmad, have been uncovered. The Eagle Online recalls…
Unilever to Stop Producing Omo, Sunlight, Lux
Unilever Nigeria Plc says it is stopping the production of the legendary OMO, Sunlight and Lux home care brands as it struggles to sustain its operations…
<strong>Meet a Nigerian lady at the fore of promoting and shipping eco-friendly palm broom sticks</strong>
Meet Adanma Njumogu, a resilient Nigerian entrepreneur who is at the fore of promoting and shipping eco-friendly palm broom sticks to the international market, as alternative…
BREAKING: CBN Authorizes Use of Old Notes
The Governor of Anambra State, Prof Charles Soludo confirmed on Monday that the Central Bank of Nigeria has asked commercial banks to dispense and accept old…
IWD: Closing the Digital Gender Gap, Key to Robust Economic Development – NWAGCI
As the world celebrates the 2023 International Women’s Day (IWD), the Executive Director, of the Nurture Women and Girl Child Initiative (NWAGCI), Mrs. Doris Eyong Kokomma…
Emefiele: To sweep MDs, DMDs, EDs, Non-Executive Directors of Banks, Other
The Central Bank of Nigeria (CBN) document revealed that tenure of Executive Management and Non-Executive Directors of banks and financial institutions, saying the move would strengthen…