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Day: June 16, 2023

More Nigerians will receive 5G service once Airtel rolls out.
Business

More Nigerians will receive 5G service once Airtel rolls out.

Airtel, a telecom company, plans to launch its Fifth-Generation (5G) network services between now and next week, barring any unforeseen…

byakintundeJune 16, 2023June 16, 2023
Electricity Act: Manufacturers Predict a Sharp Decline in the Cost of Alternative Energy.
Energy

Electricity Act: Manufacturers Predict a Sharp Decline in the Cost of Alternative Energy.

The new Electricity Act, according to the Manufacturers Association of Nigeria (MAN), will result in a sharp decrease in the…

byakintundeJune 16, 2023June 16, 2023
Nigeria’s Debt Profile Will Reach N81 Trillion After Unification of Fx Rates.
Business

Nigeria’s Debt Profile Will Reach N81 Trillion After Unification of Fx Rates.

Following the most recent Naira devaluation by the Central Bank of Nigeria (CBN), Nigeria’s debt profile has increased to N81…

byakintundeJune 16, 2023June 16, 2023
Inflation Increases to 22.41%
Local

Inflation Increases to 22.41%

According to a recent data released by the country’s statistics bureau, Nigeria’s demand-pull inflation has increased once more to a…

byakintundeJune 16, 2023June 16, 2023
Naira Drops to 702/$, With a Potential New FX Supply from CBN.
Currency

Naira Drops to 702/$, With a Potential New FX Supply from CBN.

The Central Bank of Nigeria has permitted a free float of the naira against the dollar and other world currencies,…

byakintundeJune 16, 2023June 16, 2023
Tinubu’s Economic Experts Recommend a Unification of Customs, NIMASA, and FIRS.
Business

Tinubu’s Economic Experts Recommend a Unification of Customs, NIMASA, and FIRS.

President Bola Ahmed Tinubu’s Policy Advisory Council has advised that the country declare a state of emergency in terms of…

byakintundeJune 16, 2023June 16, 2023
Meet the New Members of President Bola Ahmed Tinubus’ Team.
Local

Meet the New Members of President Bola Ahmed Tinubus’ Team.

The 9th Senate’s only official responsibility for President Bola Tinubu was to approve his list of Special Advisers. Exactly a…

byakintundeJune 16, 2023June 16, 2023

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