Nigerian Senate Authorizes The $73 per barrel Oil price.
Prior to the President presenting his proposed budget for 2023, the Senate adopted the Fiscal Strategic Paper and the 23-25…
Day: October 6, 2022
Senate Rejects N1.7trillion Subsidy Recommendation Made by Committee For Budget.
The executive’s proposal to lower the N3.6 trillion budgeted for subsidies in the 2023 budget to N1. 7 trillion was…
Nigeria Now Has 210million Active Mobile Customers.
In August 2022, there were 210 million active mobile customers, up from 208.6million in July, with a teledensity of 109.99%.…
Geregu Power inspires investor confidence, gaining N25 billion on I ts Inaugural Day of Trading.
Despite a persistently gloomy market caused by the run-up to the 2023 general elections and an increase in interest rates;…
NPA Transfers N490billion to FG Funds.
According to the Nigerian Ports Authority, between 2011 and 2022, it transferred N490. 229 billion to the federal government’s consolidated…
World Bank: Nigeria’s economy would develop less rapidly in 2023.
According to projections, the Nigerian economy would contract in 2023, falling to 3.2% (from 3. 3%), and remain at this…
Profit for NPF Pension Fund Managers Reaches Five-Year High.
The rise in the return on equity, which is a sign that the Fund is managing investors’ money successfully, has…
The Largest Strike by UK Nurses In More Than A Century Has Begun.
In order to demand a salary increase that keeps pace with skyrocketing inflation, well over 300,000 members of Britain’s largest…
Nigerians Can No Longer Enter Ethiopia With Visas-On-Arrival.
Nigerians will no longer be granted visas on arrival in Ethiopia, according to a government announcement. This was announced in…
Otedola’s Geregu Power Will Feature On The Nigerian Stock Exchange.
Geregu Power Plc will be listed on the Nigerian Exchange Group (NGX)’s Main Board. According to NGX, 2.5bn shares of…
Oil Pipeline Operating Illegally for Nine Years Found by NNPC.
The Nigerian National Petroleum Company Limited (NNPC) claims to have discovered a loading port; and a 4-kilometer (km) illicit pipeline…