Saturday, April 27, 2024

Economy

April 27, 2024

Overcrowding of correctional centres fuelling jailbreaks, says NGO

Ms Agomoh said the number of awaiting trial persons far exceeds the number of convicted inmates.

April 27, 2024

EFCC resumes clampdown on unlicensed BDC operators as naira weakens against dollar

The EFCC said the suspects would soon be arraigned in court upon conclusion of investigations.

Unlicensed BDC operators
April 26, 2024

BDC operators warn against naira speculation, hoarding 

He added that ABCON will upgrade technology in its quest to help in the fight against the sabotage of CBN’s reforms.

Naira and Dollar
April 26, 2024

Tinubu taps Jim Ovia to lead Nigerian education loan fund 

The prominent Nigerian banker was appointed on Friday. 

Jim Ovia and Bola Tinubu
April 26, 2024

Prices of rice, beans, garri, others rose in March: NBS

“On a month-on-month basis, the price increased by 4.79 per cent from the N1,177.93 recorded in February 2024.”

Foodstuffs
April 26, 2024

Nigerian Breweries shareholders approve N600 billion capital raise

Mr Hiemstra said that the company also desires to return its business to profitability while creating value for the shareholders.

Nigerian Breweries
April 26, 2024

We have not received container vessels in 25 years: Calabar Ports

Olumati Festus, the manager of the Calabar Ports, says the port has not received any container vessels in the past 25 years.

April 26, 2024

IMF: Nigeria, 11 other countries seek affordable financing, structural reforms

The ACG comprises the IMF governors of a subset of 12 African countries belonging to the African Caucus (African finance ministers and central bank governors) and IMF management.

IMF MD; CBN GOVERNOR
April 26, 2024

Experts decry challenges in ICT industry, suggest solutions

An expert says Nigeria’s infrastructure deficit and rising equipment costs are stalling the growth of the country’s information and communication technology industry.

Bosun Tijani
April 26, 2024

N615,000 new minimum wage based on N1,700 per dollar computation: TUC, NLC

“It is now N615,000. Regarding when the new minimum wage, the committee is still working,” said the TUC president.

NLC president Joe Ajaero and TUC president Festus Osifo