NERC Mulls Prepaid Meter Price Hike Amidst Rising Production Costs
The Nigerian Electricity Regulatory Commission (NERC) is reportedly contemplating another increase in the price of prepaid meters due to escalating...
Economy
Nigeria Secures $30 Billion in Foreign Investments, Boosting Economic Prospects, Minister Announces
Nigeria has successfully secured approximately $30 billion in Foreign Direct Investments (FDI), primarily in the form of equipment and investments...
Umahi Summons Cement Manufacturers Over Soaring Prices
The Minister of Works, David Umahi, has called for an urgent meeting with major cement manufacturers in Nigeria to address...
FG Threatens to Close FMCG Outlets Over Deceptive Pricing
The Nigerian government has issued a stern warning to Fast-Moving Consumer Goods (FMCG) outlets across the country regarding deceptive pricing...
Kano Traders Deny Hoarding, Explain Temporary Storage of Grains
Traders at the Dawanau International Grains Market in Kano have refuted claims by the state government that they are hoarding...
APC Government Should Resign If Incompetent, Say PDP Governors
Governors elected under the banner of the Peoples Democratic Party (PDP) have advised the ruling All Progressives Congress (APC) led...
NLC Declares Nationwide Protest Over Government’s Failure to Meet Agreements
The Nigeria Labour Congress (NLC) has announced a two-day nationwide protest scheduled for Tuesday, 27th, and Wednesday, 28th February 2024....
Naira Hits New Low as Currency Depreciates to N1,537.96
The Nigerian naira experienced a significant depreciation, closing at N1,537.96 against the US dollar at the official market on Friday....
Nigeria’s Inflation Rate Surges to 29.90% in January 2024
The National Bureau of Statistics (NBS) has released its latest inflation report, revealing a significant increase in Nigeria's inflation rate...
Oyo State Governor Extends Wage Payment for Workers and Pensioners
Governor Seyi Makinde of Oyo State has announced plans to extend the payment of wages for workers and pensioners in...
