Our reporter/ Nigeria’s inflation should ease in 2024 as the effects of last year’s foreign exchange (FX) market and petrol subsidy reforms continue to wane, the World Bank has predicted.…
Read More Nigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank
Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited made a profit of N2.548 trillion at the close of the financial year which ended in December 2022. This is contained…
Read More NNPC made record breaking N2.5trn profit in 2022
The CEOs of Zenith, Providus, and Jaiz banks have been apprehended by the Economic and Financial Crimes Commission (EFCC) in connection with financial misappropriation and fraud linked to disgraced Minister…
Read More Zenith, Providus, Jaiz CEOs grilled by EFCC over involvement in Betta Edu, Sadiya Umar-Farouk alleged fraud
Our reporter/ The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi, on Tuesday called out President Bola Tinubu for not paying sufficient attention to economic…
Read More Tinubu not paying enough attention to issues of rational economic management – Obi
Nigeria’s electricity regulator has put up for sale the sixth largest power distribution utility over a $130 million debt, less than two years after the lenders who took over the…
Read More NERC to sell Kaduna Electricity over $130 million debt