FG Denies Subsidy Return, as More Fuel Stations Shut Down
The Federal Government has denied the reintroduction of subsidy on Premium Motor Spirit, popularly called petrol, amid the closure of many filling stations nationwide due to various challenges in the downstream oil…
Oil Prices Jump as Hamas Attack on Israel Ignites Supply Fears
Oil prices rallied while the dollar and yen advanced today after Hamas launched a shock attack on Israel at the weekend, sparking fresh concerns about tensions in the Middle East.…
Telcos Take Price-hike Demand to Lawmakers
Telecommunication firms have taken their clamour for higher call tariffs and data prices to the House of Representatives. According to the telcos, the cost of doing business in the country…
FG Grows National Grid Power Capacity to 14,000MW
The Federal Government through the Association of Power Generation Companies has grown the power capacity of the national grid from 13, 000megawatts recorded a few years ago to about 14,000…
FG to Launch Conditional Cash Transfer to 15m Households on October 17th
The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu says the Federal Government will launch the conditional cash transfer policy for 15 million households on October 17th, 2023. She spoke when…
US to Send Advanced Ammunition to Assist Israel Amid Conflict With Hamas
US Defense Secretary Lloyd Austin said he has ordered the Ford carrier strike group to sail to the Eastern Mediterranean to be ready to assist Israel after the attack by…
MAPOLY Suspends Academic Activities as Students Plan Protest
The management of Moshood Abiola Polytechnic (MAPOLY), Abeokuta, Ogun State, has announced the suspension of academic activities following the refusal of workers to call off their strike action. Both the…
CBN Special Investigator, Obazee Submits Interim Report to Tinubu
The Special Investigator appointed to probe the activities of the Central Bank of Nigeria, CBN, Jim Obazee, has reportedly submitted an interim report to President Bola Tinubu. You will recall…
