By our reporter| Cities across the country were on Wednesday thrown into darkness as electricity workers shut down major power stations due to the ongoing nationwide strike. The National Union…
Read More Video: Cities thrown into darkness as electricity workers shut down transmission stationsCategory: Economy
Why Nigeria can’t generate 5,000mw of power – FG
By our reporter| The federal government on Wednesday explained why the country is unable to reach its target of 5,000 megawatts of electricity generation it promised. The country’s minister of…
Read More Why Nigeria can’t generate 5,000mw of power – FGBank customers to earn more as CBN increases interest on savings deposits to 4.2%
The Central Bank of Nigeria (CBN) has directed banks to increase the minimum interest rate payable on savings deposits from 10 percent to 30 percent of the monetary policy rate…
Read More Bank customers to earn more as CBN increases interest on savings deposits to 4.2%Nigeria can borrow till eternity to fund infrastructure, says APC chairman Adamu
The federal government “can borrow from here to eternity”, the national chairman of the ruling All Progressive Congress (APC) Abdullahi Adamu has said. Adamu, who stated this while speaking on…
Read More Nigeria can borrow till eternity to fund infrastructure, says APC chairman AdamuBuhari to present 2023 budget bill in September
President Muhammadu Buhari is expected to present the 2023 appropriation to the National Assembly in September. The director general, budget office of the federation, Ben Akabueze, disclosed this on Monday…
Read More Buhari to present 2023 budget bill in September
