economic

427 Articles
World

House of Representatives Mandates ₦500 Billion Recapitalisation for DisCos to Protect Consumers

The House of Representatives has called for a ₦500 billion recapitalisation exercise for Nigeria‘s Electricity Distribution Companies (DisCos) to bolster their financial stability...

CrimePolitics

President Tinubu Joins G20 Leaders in Brazil for Crucial Summit

President Bola Ahmed Tinubu of Nigeria has arrived in Rio de Janeiro, Brazil, to participate in the 19th Heads of State and Government...

Economy

Nigeria’s Inflation Hits 33.88% in October Amid Rising Food and Energy Costs

Nigeria’s inflation rate surged to 33.88% in October 2024, up from 32.70% recorded in September, driven by escalating food prices and soaring energy...

Politics

Supreme Court Upholds Legality of EFCC Act in Landmark Judgment

In a decisive ruling on Friday, the Supreme Court dismissed a lawsuit brought by 19 states against the Attorney-General of the Federation (AGF),...

Metro

APC Youth Leaders Decry Political Persecution of Former Kogi Governor Yahaya Bello, Call for Unity Against Factionalism

In a statement reflecting deep concerns within Nigeria’s ruling All Progressives Congress (APC), youth leaders have accused influential figures within the party of...

Economy

CBN’s Push for Financial Inclusion: Expanding Access to 28 Million Unbanked Nigerians

The Central Bank of Nigeria (CBN) has revealed that approximately 28 million Nigerians, primarily in rural areas, lack access to banking services. This...

Metro

Assessing the Future After Trump’s 2024 Victory: Too Soon to Tell?

There’s a famous anecdote about Chinese leader Zhou Enlai, who, when asked for his thoughts on the French Revolution’s impact, reportedly replied that...

Politics

VP Kashim Shettima Advocates for Strong Government-Media Partnership to Advance Nigeria’s Development

Vice President Kashim Shettima has underscored the importance of a strong, collaborative relationship between the government and the media in driving Nigeria’s national...

Politics

NNPCL Raises Petrol Prices Again Amid Declining Global Oil Rates and Naira Depreciation

In a new price adjustment, the Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit (PMS), commonly known...