Naira drops against dollar amid fresh fuel price hike
The naira depreciated significantly against the dollar at the foreign exchange market as the Nigerian National Petroleum Company Limited, NNPCL, increased the pump price...
“It is Now a Law” – FG Threatens to Jail Private Employers Paying Below...
The Federal Government has warned private employers that failure to pay the new minimum wage of N70,000 will result in imprisonment.
The declaration was made...
Caribbean countries offer to collaborate with Nigeria to achieve food security
ABUJA – In a bid to support Nigeria’s food production, Caribbean countries have expressed their readiness to share their expertise and skills in agriculture...
Latest Market Survey: Bag of local rice N170,000; milled rice, N140,000; beans N130,000; maize,...
As bumper harvests are being recorded in parts of Nigeria, the expected multiplier effects on the prices of farm produce have been mixed-grilled in...
Bayelsa Announces N112bn Budget Surplus for July
The Bayelsa State Government on Monday announced a balance of N112.2 billion for July ending but stressed the money is locked down for big...
Crude oil sales in naira to Dangote, others begin October 1
The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence October 1, 2024.
The Minister of...
Breaking: Inflation rate eases to 33.4% in July
The inflation rate decreased by 0.79 percentage points to 33.4% in July, down from a 28-year high of 34.19% in June, according to the...
Bayelsa faces prolonged power outage as vandals destroy 13 transmission towers
The Transmission Company of Nigeria (TCN) says Bayelsa state will face a prolonged power outage following the destruction of 13 transmission towers along the...
Group inaugurates Bayelsa chapter of oil and gas host community development council
A pressure group under the auspices of the Oil and Gas Host Communities Development Council, OGHCDC has inaugurated its Bayelsa State chapter with a...
CBN Approves Merger Of Unity, Providus Banks
The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank...