Economy

Hike In Cement Price: Revisit Yar’Adua’s Backward Integration Policy, CEPAN Advises FG

The National Chairman of Cement Producers’ Association of Nigeria (CEPAN), Prince David Iweta, has advised the Federal Government to revisit…

9 months ago

Rising Cost Of Cement Price: FG Summons Dangote, BUA, Others

Prominent cement manufacturers have been summoned to a meeting over the rising cost of cement. The manufacturers were summoned by…

9 months ago

Forex Pushes Fuel Subsidy To Close To A Trillion Monthly

Despite government denials, Nigeria is currently shouldering a subsidy of approximately N907.5 billion monthly on premium motor spirit (PMS), also…

9 months ago

Nigeria’s Inflation Rate Climbs To 29.90% As Food Prices Rise

In January 2024, Nigeria experienced an increase in its inflation rate, rising to 29.90 percent compared to the previous month's…

9 months ago

UK Economy Falls Into Recession

Official data released on Thursday revealed that the UK economy slipped into a recession following two consecutive quarters of negative…

9 months ago

Nigerians Face More Hardship As Prices Of Rice, Beans, Garri, Others Surge By 50%

Amidst mounting challenges, Nigerians are grappling with a surge in the prices of essential commodities, with staples like rice, beans,…

10 months ago

It’s Injustice To Blame Tinubu For Current Economic Hardship – Sanusi

Former Governor, Central Bank of Nigeria, Mohammed Sanusi, has said it is an injustice to blame the administration of President…

10 months ago

Discos Fined N10.5bn For Overbilling Unsuspecting Customers

The Nigerian Electricity Regulatory Commission, on Friday, declared that it would deduct N10,505,286,072 from the annual allowed revenues of the…

10 months ago

Airlines Lament As Aviation Fuel Price Hits N1,300 Per Litre

The Airline Operators of Nigeria have expressed deep concern regarding the escalating cost of operations, amidst the surge in aviation…

10 months ago

CBN Announces Measures To Checkmate Inflation

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said the bank will no longer grant Ways…

10 months ago

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