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Day: June 23, 2023

Travelers Lament as the Devaluation of the Naira Raises Airfares.
Business

Travelers Lament as the Devaluation of the Naira Raises Airfares.

The decision by the Central Bank of Nigeria to devalue the naira has caused a significant increase in airfares, negatively…

byakintundeJune 23, 2023June 23, 2023
FG, the States, and LGAs Split May’s Income of N786 billion.
Business

FG, the States, and LGAs Split May’s Income of N786 billion.

The Federation Account Allocation Committee (FAAC) announced that it distributed a total of N786.16 billion among the three tiers of…

byakintundeJune 23, 2023June 23, 2023
DMO is Alarmed by Low Revenue as Nigeria’s Debt Approaches N81 trillion.
Business

DMO is Alarmed by Low Revenue as Nigeria’s Debt Approaches N81 trillion.

According to findings, Nigeria’s total public debt is projected to reach N81.64tn this year, based on the 2022 Debt Sustainability…

byakintundeJune 23, 2023June 23, 2023
Paris Summit: Tinubu Promotes the Removal of Subsidies and the Adoption of an FX Policy.
Local

Paris Summit: Tinubu Promotes the Removal of Subsidies and the Adoption of an FX Policy.

President Bola Tinubu of Nigeria expressed the country’s readiness to engage in business and attract foreign investments. He emphasized ongoing…

byakintundeJune 23, 2023June 23, 2023
50 New Power Generation and Metering Licenses are Issued by NERC.
Energy

50 New Power Generation and Metering Licenses are Issued by NERC.

The Nigerian Federal Government granted 50 new power generation and metering permits in the last quarter of last year, according…

byakintundeJune 23, 2023June 23, 2023

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