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Category: Economy

Business Economy headline

FG making plans for fuel at N97 per litre – Sylva

Iheanyi Ejiofor January 17, 2020 No Comments #FG making plans for fuel at N97 per litre

Minister of state for petroleum, Timipre Sylva, on Thursday, disclosed that the federal government is working to make fuel available at N97 per litre, using the compressed natural gas (CNG)…

Read More FG making plans for fuel at N97 per litre – Sylva
Business Economy headline

Nigeria inflation rate rises to 11.98%

Iheanyi Ejiofor January 17, 2020 No Comments #Nigeria inflation rate rise to 11.98%

The consumer price index, which measures inflation, rose to 11.98% in December 2019, according to the report released by the National Bureau for Statistics on Friday. The figure, which is…

Read More Nigeria inflation rate rises to 11.98%
Business Economy

CBN Shifts January 2020 MPC meeting

Iheanyi Ejiofor January 15, 2020 No Comments #CBN Shifts January 2020 MPC meeting

The first meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for 2020, earlier slated to hold on Monday and Tuesday, January 20 and 21,…

Read More CBN Shifts January 2020 MPC meeting
Economy headline

Suspend electricity tariff increase, Reps panel tells NERC

Iheanyi Ejiofor January 14, 2020 No Comments Reps panel tells NERCSuspend electricity tariff increase

The House of Representatives committee on power has asked the National Electricity Regulatory Commission (NERC) to suspend the planned increase in electricity tariff. Recall that NERC had directed the electricity…

Read More Suspend electricity tariff increase, Reps panel tells NERC
Economy headline

Kaduna revenue agency seals Keystone Bank, FCMB over N295m taxes

Iheanyi Ejiofor January 14, 2020 No Comments

The Kaduna State Internal Revenue Service (KDIRS), on Tuesday sealed the premises of Keystone Bank and First City Monument Bank (FCMB) in Kaduna over alleged unpaid taxes. The Executive Chairman…

Read More Kaduna revenue agency seals Keystone Bank, FCMB over N295m taxes

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