Day: August 14, 2024

Speaker bows to pressure, withdraws controversial Counter Subversion Bill
The Speaker of the House of Representatives, Abbas Tajudeen, has withdrawn the controversial Counter Subversion Bill. The development followed the outrage which trailer the bill….

NNPCL postpones P’Harcourt refinery kick-off sixth time
The Port Harcourt Refining Company, a refinery under the management of the Nigerian National Petroleum Company Limited in Rivers State, has again failed to commence…

Naira slumps against dollar first time in two weeks
The naira slumped on Tuesday against the dollar at the official foreign exchange market for the first time in two weeks. FMDQ data showed that…

Nigeria’s goods, non-oil exports grew to $55bn in 2023 – Finance Minister, Edun
The Minister of Finance, Wale Edun, says Nigeria’s goods and non-oil exports grew to $55 billion in 2023. Edun disclosed this on Tuesday at the…

Protesters wanted to change government — Alake
The Minister of Solid Minerals Development, Mr Dele Alake, has alleged that sponsors of the #EndBadGovernance protest were gunning to change governance in the country….

Nigerian banks’ Non-Performing Loans drop to 3.9 in June – CBN
The Nigerian banks’ Non-Performing Loans NPLs (Bad Loans) fell to 3.9 percent in June 2024 compared with 4.8 percent in April 2024. Members of the…

EndBadGovernance: Activists, lawyers rate 10 days protest
The nationwide protest held by Nigerians came to an end last Saturday after 10 days. It was reported that organisers of the EndBadGovernance” protest said…