The Nigerian presidency has set aside a whopping N1.6 billion for the purchase of brand new cars and spares for the fleet in 2022. This line item can be found in the budget proposal President Muhammadu Buhari presented…
Ikeja Electric Plc (IE), at the weekend, introduced a new platform that will enable customers to track vending and energy usage. Known as the Singleview - an interactive platform designed to enable prepaid meter…
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number of tickets they sell on Nigerian routes amid worsening dollar scarcity that has made it…
Hon. Mohammed Gudaji Kazaure representing Kazaure/Roni/Gwiwa/Yankwashi Federal Constituency in the House of Representatives has said President Muhammadu Buhari has budgeted the sum of over N5.1 trillion to service…
Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app has integrated a e-Naira feature. However, when opened, the bank said, “Kindly note that you…
Here is the full text of President Muhammadu Buhari's 2022 Budget presentation to the National Assembly: 1. It is my great pleasure to be here once again to present the 2022 Federal Budget Proposals to this…
The Government of Ghana has placed members of the Nigerian National Assembly on watch list following the allegation made by President Muhammadu Buhari during his Independence Day address that one of the lawmakers was…
Delta State Governor Ifeanyi Okowa has sent a N66 billion 2021 supplementary budget to the House of Assembly for approval. His request was read at the plenary in Asaba on Tuesday by the Speaker, Chief Sherriff…
Power distribution company in Lagos, Ikeja Electric has corrected the news circulating the media that there will be a blackout in some parts of Lagos. In a new statement, the DISCO described the impending power…
JPMorgan CEO Jamie Dimon doubled down on past skepticism of bitcoin in a TV interview with Axios published on Monday, warning investors that the cryptocurrency has no underlying value. "It's got no intrinsic value,"…
The Nigerian National Petroleum Corporation( NNPC) has said that it is not recruiting, urging the general public to disregard information circulating on social media that the corporation was recruiting. The corporation…
Mr Knut Lein, Norway Ambassador to Nigeria on Friday, blamed the rising cost of stockfish in Nigeria on the inclusion of stockfish on forex banned list. The News Agency of Nigeria (NAN) recalls that the Central Bank of…
Self-determination agitators operating on the platform of Nigerian Indigenous Nationalities Alliance for Self-Determination (NINAS) have vowed to go ahead with the grand finale of its one-million-man freedom march at…
President Muhammadu Buhari has written to the Senate, seeking an amendment to the recently signed Petroleum Industry Act, PIA. In the letter, President Buhari wants an amendment to the new Act to allow for the removal…
Lagos State Governor, Babajide Sanwo-Olu has signed the bill prohibiting open grazing in Lagos into law. The governor assented to the bill at the Lagos House on Monday. This was disclosed by his media aide on print,…
Fifteen years after the last census, Nigeria is likely to have another headcount next year. President Muhammadu Buhari has given the National Population Commission (NPC) the nod to conduct another census in May, it was…
The Central Bank of Nigeria (CBN) will launch a digital currency, e-Naira in October to coincide with the nation’s independence anniversary. Governor Godwin Emefiele has assured that the advantages of the Central Bank…
The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as an illegal and criminal platform. The Governor of the…
The Consumer Price Index which measures inflation rate fell to 17.01 per cent in August, the National Bureau of Statistics said on Wednesday. According to the latest CPI report, this rate is 0.37 percent points lower…