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Business

Why FG shifts removal of fuel subsidy, NEC praises Osinbajo

The federal government) has shelved plans to remove subsidy on Premium Motor Spirit (PMS), commonly called petrol, until a new administration takes over the...

Court nullifies sections of CAMA 2020 for infringing on citizens’ fundamental rights 

A Federal High Court (FHC), Abuja has nullified some sections of the Companies and Allied Matters Act (CAMA), 2020 considered to infringe on the...

Nigeria pushes on with $800m loan, named deputy chair of Commonwealth ministers group

Finance ministers from various Commonwealth countries have called for a systemic reform of the global financial architecture to enhance access to development financing for...

Court reverses Buhari’s sack of Ararume as NNPCL Chairman, awards N5B against the President, NNPC

By Yemi Oyeyemi, Abuja. A Federal High Court in Abuja on Tuesday restored Senator Ifeanyi Godwin Ararume as non-executive Chairman of the Nigeria National Petroleum...

Up goes Nigeria’s inflation, rises 0.13% to 22.04% in March

Nigerians are, perhaps, in the toughest time of their existence with a 0.13% rise in inflation in the month of March with the annual...

Life gets tougher, but up, up, goes Nigeria’s debt stock reaching N46.25 trillion

Life is getting tougher in Nigeria, according to stays from the National Bureau of Statistics, but the country continues to wallow in debt with...

Air Peace to fly into India, Israel, Saudi Arabia

Effective March 31st, Nigeria’s Air Peace will commence direct flights to India, while operation to Israel is scheduled for April 20th. Also, plans are in...

Stakeholders fear petrol may sell at N750 per litre

Stakeholders in Nigeria’s midstream and downstream petroleum sectors have warned that subsidy removal may push the price of premium motor spirit (PMS) popularly called...

Hurray…or maybe… as CBN empties vaults, orders banks to work on Saturdays and Sundays to meet cash needs

This weekend may see an end to the cash needs of lamenting Nigerians as the Central Bank of Nigeria (CBN) claims it has emptied...

Save our souls from outrageous electricity bills from AEDC, NUJ cries to Gov. Yahaya Bello

The Nigerians Union of Journalists (NUJ) Kogi State Council has observed the unbridled attitude of the Abuja Electricity and Distribution Company (AEDC) in doling...

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