News
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BROADCAST BY HIS EXCELLENCY BOLA AHMED TINUBU, PRESIDENT AND COMMANDER-IN-CHIEF OF THE ARMEDFORCES OF THE FEDERAL REPUBLIC OF NIGERIAON THE NATIONWIDE PROTEST
DATE: SUNDAY 4TH AUGUST 2024 My fellow Nigerians, I speak to you today with a heavy heart and a sense…
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H1’24: MTN Nigeria records N887bn FX losses
MTN Nigeria Plc has reported a foreign exchange, FX net loss of N887.6 billion in its operations for the first…
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Banks’ Recapitalisation: Foreign investors moving in — Cardoso
CBN reduces banks’ Loan to Deposit Ratio to 50% •Says we won’t allow illicit funds; bad guys take over Nigerian…
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Protest: Comptroller Olomu Gives Assurances of Normal Operations in Apapa Port
Customs Area Controller (CAC)of Apapa Port Command, Comptroller Babatunde Olomu has given a reassurance to port users operating in Apapa…
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FG suspends import duty on rice, flour, other essential food items
The Federal Government through the Nigeria Customs Service, NCS, has suspended import duties on rice, flour, wheat and other essential…
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FG’s Electricity Subsidy Rises To N633bn In Q1 Despite Tariff Increase
As DisCos remittance reaches N110.6bn; 8,423 installed meters The federal government spent N633.3 billion on electricity subsidies in the first…
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Vehicle import crashes by 61%, operators blame forex crisis
The importation of vehicles into Nigeria dropped from 28,024 units in the first quarter of 2023 to 10,991 units in…
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Cocoa processors challenge NAFDAC on proposed Export Regulations bill
Stakeholders in the Cocoa industry have faulted the content of a Bill on Export Regulations before the National Assembly, noting that…
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MTN shuts offices nationwide
The company did not give any reason for the closure but this coming after the eruption of violence at some…
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Onyeka Onwenu Dies After Performing In Lagos
Veteran female artiste and actress Ms Onyeka Onwenu is dead. She was said to have died at the Reddington Hospital…
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