Business

BDCs Claim Naira Recovery Now Tackles Inflation

The Association of Bureaux de Change Operators of Nigeria has said that the recovery of the naira has led to…

2 years ago

Lagos to Experience Abnormal Rainfall in 2024

The Lagos State Commissioner for Environment and Water Resources Tokunbo Wahab, has disclosed that the state will experience abnormal rainfall…

2 years ago

Electricity Tariff Hike Looms as Federal Government Raises Gas Price

The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42…

2 years ago

FG Deducts N415bn State Allocations for Debt Servicing

The Federal Government has deducted over N415bn from state government allocations to service their external loans. This was according to…

2 years ago

CBN Directs BDCs to Sell Dollar at N1,269

The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at…

2 years ago

President Tinubu Approves Infrastructure Development Fund, FG Eyes $25bn Annually

President Bola Tinubu on Monday approved the Renewed Hope Infrastructure Development Fund to bridge the country’s $25bn per annum infrastructure…

2 years ago

European Union Launches €9m Energy Projects in Nigeria

The European Union has introduced two new projects worth €9m in Nigeria’s energy sector, in continuation of its commitment to…

2 years ago

Detained Binance Executive Escapes From Custody, Flee Nigeria

In a recent development, a key Binance executive detained in Nigeria on allegations of tax evasion and other charges, Nadeem Anjarwalla,…

2 years ago

Court Mandates Binance to Release Data of Nigerian Users to EFCC

The Federal High Court in Abuja, on Monday, ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission…

2 years ago

Report Discloses New Amount Federal Government Pays for Fuel Subsidy

A report has indicated that the Federal Government through the Nigerian National Petroleum Company Limited, NNPCL is now spending N17.72…

2 years ago