Economy
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Nigeria to achieve 20,000 megawatts in 2026 – Minister
The Minister of Power, Bayo Adelabu, has said the Federal Government is working towards generating 20,000 megawatts of electricity by…
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FG raises lecturers’ salaries, to pay arrears January
The Federal Government, through the National Salaries, Wages and Income Commission, has approved the payment of a new percentage increment…
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Nigeria’s All-commodity trade index increased in Q2 2023 – NBS
Nigeria’s All-Commodity Group Import and Export Index increased in the second quarter of 2023. This was observed in the National…
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$6.8bn overdue forward payment responsible for Naira decline – Minister, Edun
Olawale Edun, Minister of Finance and Coordinating Minister of the Economy for Nigeria, has attributed the Naira’s incessant decline to…
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Pump alteration is a punishable offence, FG warns fuel station operators
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said it will sanction fuel stations that alter petroleum pumps.…
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News of indefinite strike not true, says NLC
The Nigeria Labour Congress (NLC) has debunked reports making the rounds that it has embarked on an indefinite nationwide strike.…
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FG may pay N1.68tn fuel subsidy, marketers forecast N900/litre
•Petrol price to rise again as naira nears N1,000, crude oil hits $95, IPMAN warns •Operators commend government for subsidy…
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EFCC declares 3 wanted over N330m fraud in Delta
The Economic and Financial Crimes Commission, EFCC, has declared two brothers, Faith Onoja and Emmanuel Onoja, wanted for an alleged…
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Fuel subsidy: Tinubu to announce new minimum wage next week
Regarding the elimination of the fuel subsidy, Comrade Festus Osifo, President of the Trade Union Congress (TUC), has provided information…
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We’ve suspended action on salary raise for political office holders – RMAFC
The reviewed salary/emoluments of political office holders have been jettisoned by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). The RMAFC,…
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