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Category: Economy
Consumers protest as FG hikes electricity meters price by 40%
The Federal Government, on Wednesday, announced an increase in the prices of single-phase and three-phase pre-paid electricity meters, and declared that the hike takes effect…
G-20 summit: Tinubu, ministers arrive India to woo investors
Nigeria’s President Bola Tinubu will on Monday depart Abuja for New Delhi, India, to attend the G-20 Leaders’ Summit. Tinubu is attending the two-day summit…
We’ve adopted concrete pavement tech to build roads — Works Minister
The Federal government has said that all ongoing road projects across the country not more than 20 per cent done, would be redesigned to concrete…
Tinubu orders security agencies to recover Anchor Borrowers Loan before Sept 18
The ambitious Anchor Borrowers’ Loan Scheme floated by the Central Bank of Nigeria to make cash available for increased agricultural production in Nigeria has run…
FG targets domiciliary accounts, Diaspora Nigerian funds
The administration of President Bola Tinubu is looking to attract funds held in domiciliary accounts and funds held by Nigerians abroad into massive investments in…
Illegal Miner to vacate Sites – FG orders
The Federal Government has ordered all illegal miners across the country to vacate sites immediately otherwise they will be seriously dealt with. Minister of Solid…
Subsidy Removal: N2bn Distributed To Each State So Far – Edun
The Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, says N2 billion has so far been released to each state government…
NLC Declares Two-Day Warning Strike Over Effects Of Subsidy Removal
The Nigeria Labour Congres (NLC) has declared a two-day warning strike, beginning on Tuesday, September 5, in protest against the Federal Government for failing to…
UK tops list of registered Nigerians in diaspora
The United Kingdom tops the list of registered Nigerians in Diaspora, according to the Nigerians in Diaspora Commission. On June 29, 2021, NiDCOM launched its…
Subsidy: FG saves N1.83tr in two months
The Federal Government has saved N1.83 trillion less than three months after it stopped the payment of subsidy on petrol. The savings were made from…