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Saturday, September 24, 2022

Buhari Woos Investors, Says Nigeria Requires N348tn

On Thursday in New York, President Muhammadu Buhari (retd.) assured global investors that Nigeria's economy was ready for further investment. This came as he...

Blackout Looms As Electricity Workers Threaten To Shut National Grid

Nigerians across the country may soon start to experience blackouts. This is as the National Union of Electricity Employees (NUEE) again threatened to shut...

“It’s Blackmail Against The Union” – ASUU President

Prof Emmanuel Osodeke, President of the Academic Staff Union of Universities (ASUU), has faulted the Federal Government's threat to deregister the organization over an...

Rate Hikes Will Trigger Recession, World Bank Warns FG

The World Bank Group has cautioned Nigeria and other emerging nations that raising interest rates at the same time in response to rising inflationary...

Federal Government Threatens To Deregister ASUU

The federal government has threatened to revoke the Academic Staff Union of Universities' (ASUU) Certificate of Registration (CoR) in response to the union's continued...

Nigerians Pay N210bn To Use Electricity In 3 Months

Nigerians paid a total amount of N210.17 billion to power distribution companies across the country to enjoy electricity supply. According to the Nigerian Electricity Regulatory...

Binance Appoints Ibukun Awosika, 10 Others As Global Board Advisers

Ibukun Awosika, a former First Bank of Nigeria chairman has been appointed to Binance's global advisory board. Binance, a cryptocurrency exchange platform, announced this on...

Motorcycle Ban Impacts Traders As Imports Decline By 36%

The federal government's threat to criminalise commercial motorbikes, sometimes known as "Okadas," and the ban on motorcycles in several states is having a significant...

ThriveAgric Unveils Marketplace To Increase Productivity Of 1,000,000 Smallholder Farmers

ThriveAgric, a fast-growing technology-driven agricultural company, has unveiled the first of many initiatives, the ThriveAgric Marketplace, under its new strategy of ‘Farmer Obsession’ through...

CBN To Review Economy, Improve Purchasing Power

Focusing on Nigeria's plans to increase the purchasing power parity, The Central Bank of Nigeria (CBN) and the Ministry of Finance have been asked...

Breaking News: FG Wins, Court Orders ASUU To Call Off Strike

The National Industrial Court of Nigeria (NICN) has ordered the Academic Staff Union of Universities (ASUU) to end its current strike action on Wednesday. University...

Nigeria’s Domestic Debt Servicing Rises To N5.24trn In 30 Months

Nigeria's domestic debt service increased to N5.24trillion in 30 months, according to statistics on the Debt Management Office (DMO) website, with increasing domestic debt...

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