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Buhari signs anti-money laundering bills
The President, Muhammadu Buhari, has signed three bills into law, to improve the country’s anti-money laundering and counter-terrorist financing framework. ...Bread now too costly for many Africans because of Russia-Ukraine war, says Adesina
The president of the African Development Bank, Akinwumi Adesina, has said many Africans can no longer afford bread due to ...Naira nosedives to N595/$ at parallel market, forex demand surges
The naira has depreciated further against the dollar at the parallel section of the foreign exchange market. According to The ...10 distressed buildings to be demolished before Sunday – Lagos
The Lagos State Building Control Agency has said over 10 distressed buildings have been marked for demolition in the state. ...Edo power firm accuses NGMC of gas shutdown, laments power outage
The Ossiomo Power Company, a private-public-partnership project of the Edo State Government, has cried out over a forceful shutdown of ...Nigeria paper imports hit N297bn in six months, as mill collapses
Nigerian paper mills have collapsed years after privatisation, forcing the country to depend on imported paper for its needs. The ...Reps secure six million litres of aviation fuel for airlines
The House of Representatives has secured the cooperation of the Nigerian National Petroleum Corporation to make available six million litres ...Rising crude oil prices’ll worsen inflation – IMF
The International Monetary Fund has said rising oil prices may lead to high inflation and slow growth globally. The IMF ...Fuel pump price increased by 91% in six years, says Report
A new report has revealed that fuel price in Nigeria has increased by 91 per cent between 2021 and 2015. ...Nigerians to pay more for electricity, says NERC
The Nigerian Electricity Regulatory Commission has given six power distribution companies (DisCos) to increase tariffs. According to a document issued ...
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