Nigeria ends 2024 with inflation jumping to 34.80% – NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 34.80 per cent in December 2024. The NBS disclosed this in its Consumer Price Index (CPI) and…
Setting the stage for a more robust Nigerian petroleum landscape in 2025
By Akpandem James The removal of fuel subsidy in the 2023 federal budget triggered a series of negative developments in the Nigerian economy, made worse by the floating…
A trillion dollar Customs? It’s possible, by Pius Mordi
With a history that dates back to 1891 when the British Colonial administration appointed T.A. Wall as the first Director-General of Customs for the collection of inland revenue in Niger…
CBN Fines Nine Banks N150m Each For Cash Scarcity in ATMs
Jan. 14, 2025 The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs),…
NCC, FCCPC partner to eliminate regulatory gaps
Jan. 14, 2025 The Nigerian Communications Commission (NCC) and the Federal Competition and Consumer Protection Commission (FCCPC) have signed an agreement to eliminate regulatory gaps in the telecommunications industry. The…
Boeing to assist airlines in Nigeria in accessing aircraft insurance
Mr Ibekwe addressing the meeting in Dublin PHOTO: NAN Boeing International Corporation says it is ready to assist airlines in Nigeria in accessing adequate aircraft insurance coverage through partnership with…
How Nigeria can end grid collapse, improve power supply – Nnaji
Frequent power system collapses in the country need a multifaceted approach, says Prof. Barth Nnaji, former Minister of Power. He said this in an interview with the News Agency of…
Rail Transportation: AfDB to partner LAMATA to develop 60km Purple Line
Jan. 9, 2025 The African Development Bank (AfDB) has promised to work with the Lagos Metropolitan Area Transport Authority (LAMATA) to boost the state’s Transportation system with the development of…
Tinubu calls for increased currency swap between China, Nigeria, upward review of $50bn aid package for Africa
Jan. 9, 2025 President Bola Tinubu on Thursday urged the Chinese government to increase the two billion dollar currency swap between Nigeria and China to enhance trade between the two…
ATCON lauds FG’s decision to hike tariffs, invest in infrastructure
Jan. 9, 2025 The Association of Telecommunication Companies of Nigeria (ATCON) on Thursday lauded the Federal Government’s decision to hike call and data tariffs, as well as invest in the…