The Nigerian Electricity Regulatory Commission, NERC, has given the go-ahead to raise the electricity rates for customers in the Band A category. During a press…
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Category: Business
Bandits storm Zamfara mosque, kidnap Worshippers
Bandits on Tuesday attacked a mosque in Gusau, capital of Zamfara State, and kidnapped scores of worshippers. It was learnt that the attack was carried…
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11 Nigerian banks may be acquired as CBN upgrades minimum capital base to N500 billion
The Central Bank of Nigeria’s (CBN) recent announcement of new minimum capital requirements has stirred significant speculation within the banking sector. With the unveiling…
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Nigeria’s debts rise to N97.3tr in 2023 as Lagos tops states’ borrowings – See list Of Borrowing state and What They Owe
The total debt stock of Nigeria rose to N97.341 trillion or $108.229 as of December 31, 2023, the Debt Management Office (DMO) has said.The DMO…
View More Nigeria’s debts rise to N97.3tr in 2023 as Lagos tops states’ borrowings – See list Of Borrowing state and What They Owe
FG Reports Surge in Oil Earnings by N450bn in Two Months
According to recent reports on Nigeria’s oil production, the Federal Government has witnessed a significant increase in crude oil earnings, amounting to approximately N449.93bn over…
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Cement Prices Remain High Despite FG Meeting with Manufacturers
Following a crucial meeting with the federal government led by the Minister of Works, David Umahi, and the Minister of Industry, Trade, and Investment, Uzoka-Anite,…
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Rising Cost of Pure Water in Nigeria Sparks Concerns as Association Mulls Price Increase to N100 Per Sachet
The escalating price of sachet water, colloquially known as “pure water,” has prompted many Nigerians to seek more affordable alternatives such as borehole or well…
View More Rising Cost of Pure Water in Nigeria Sparks Concerns as Association Mulls Price Increase to N100 Per Sachet
Blocked Phone Lines Surge to 40 Million as SIM-NIN Linkage Deadline Passes
Over the weekend, telecommunication operators in Nigeria blocked no less than 40 million telephone lines as the deadline set by the Nigerian Communications Commission (NCC)…
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20 Migrants Perish in Shipwreck off Senegal Coast
Rescuers recovered at least 20 bodies from the sea off northern Senegal on Wednesday following a tragic incident where a boat carrying migrants bound for…
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Soludo Alleges Anambra Vigilantes Engage in Unholy Alliances with Criminals
Anambra State Governor, Prof. Chukwuma Charles Soludo, has leveled accusations against numerous vigilante members in the state, claiming they are complicit in collaborations with criminals,…
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