Monday, July 6, 2026

Economy and Environment

July 20, 2023

Corn rises to N800 per mudu as subsidy removal pummels Nigerian economy

A market survey by Peoples Gazette on Thursday showed that in three weeks, Nigerians now purchase a mudu of corn at N800

Mudu of corn
July 18, 2023

Tinubu scraps $10 support for poor families; releases fertilisers, grains to 50 million Nigerian households, farmers instead

Mr Tinubu directed that the N8,000 conditional cash transfer programme envisaged to bring succour to the most vulnerable households be reviewed immediately.

President Bola Ahmed Tinubu
July 18, 2023

After plunging Nigerians into more hardship, Tinubu planning to rob poor to favour rich: NLC

NLC president Joe Ajaero described the proposed N8,000 palliative expected for the poor households as an insult and mockery to Nigerians.

President Bola Tinubu and NLC president, Joe Ajaero
July 3, 2023

Russia sets new record for grain exports despite sanction

Russia wrapped up its 2022-2023 agricultural year with an estimated record of 58-59 million tonnes of grain exports.

Grain shipping trade
June 22, 2023

Moghalu calls for economic reforms to cushion effect of forex, petrol subsidies removal

The former CBN chief lauded the removal of subsidies on Forex and petrol but tasked the government on reforms to cushion its effects on masses.

Kingsley Moghalu
June 18, 2023

Binance Nigeria Limited is scam entity: Changpeng Zhao

“Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited,” Mr Zhao tweeted. “Don’t believe everything you read in the news.”

Binance CEO Changpeng Zhao
June 13, 2023

Ex-Samsung executive charged for stealing trade secrets worth millions of dollars

The unnamed 65-year-old former Samsung worker is accused of stealing clean-room and factory blueprints from the company in 2018 and 2019.

Samsung South Korea HQ
June 10, 2023

SEC bans Binance operation in Nigeria, declares it illegal entity

The commission directed Binance to “immediately stop soliciting Nigerian investors in any form whatsoever.”

Binance logo and BitCoin used to illustrate the story
June 8, 2023

World Bank warns global economy in ‘precarious position’

According to a new report from the World Bank, high interest rates and the Russian war in Ukraine continue to slow global economic growth significantly.

Food stuff (Credit: Ahmed Oluwasanjo/Peoples Gazette)
June 6, 2023

Subsidy: Tinubu gets June ultimatum to make minimum wage N200,000; TUC demands tax holiday for workers

Mr Tinubu’s government has been given less than 25 days to increase the N30,000 minimum wage to N200,000. The government is also expected to grant workers a tax holiday.

President Bola Tinubu and TUC president Festus Osifo