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Finance & Economy - Page 173

Ajaero’s Arrest By DSS ‘A Brazen Act Of Lawlessness, Intimidation’ – NLC

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

The Nigeria Labour Congress (NLC) has opposed plans by the federal government to grant a ₦3 trillion bailout to privately owned electricity generation companies, arguing that the move will not resolve the country’s power supply challenges. In a statement signed by its

February 20, 2026

Labour·News

Post-subsidy: FG Not Ready For CNG Deployment – Sam Amadi

Former chairman of the Nigeria Electricity Regulatory Commission (NERC), Dr Sam Amadi, has reacted to the Federal Government’s declaration of plans to deploy cheaper and safer Compressed Natural Gas (CNG) buses across the country to ease transportation costs amid high price of

October 4, 2023

Nigerian Naira Vs U.S. Dollar: What To Expect This Week (17th-22nd, March 2025)

Business·Finance & Economy·News

Experts Urge Focus On Local Industries As Naira Fall Persists

In recent times, Nigeria has been grappling with the continuous devaluation of its currency, the Naira, against major foreign currencies. This persistent depreciation has raised concerns among economic experts and policymakers about the state of the Nigerian economy, its dependence on imports,

October 3, 2023

Business·Finance & Economy·News·World News

UK, US Pledge Support For Nigeria’s Marine, Blue Economy Development

The governments of the United Kingdom and the United States have announced their commitment to partner with Nigeria in the development of the newly established Ministry of Marine and Blue Economy. This partnership aims to bolster Nigeria’s economic growth through the enhancement

October 3, 2023

Presidential Committee Proposes Tax On Unofficial Forex Transactions

Business·News·Oil & Gas

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

During the Platform Nigeria symposium held on Monday, October 2 in Lagos, Taiwo Oyedele, the Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, shocked the audience with a stark revelation. He stated that the National Assembly has poured over N10

October 3, 2023

Labour·Personal Finance

FG Begins 1 Percent Deduction From Staff Salaries As NSITF Mandatory Contribution

The Federal Government has begun implementation of mandatory 1 per cent contribution from public servants Emoluments to the Nigeria Social Insurance Trust Fund (NSITF). The contribution is for the Employees’ Compensation Scheme of NSITF. READ ALSO: New insurance policy will protect up to

October 3, 2023

Nigeria's Stock Market Rises As Investors Target Undervalued Shares

Business·Currency·News

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

The Nigerian Stock Exchange (NGX) All-Share Index has surged by an impressive 29.52% during the third quarter of 2023, reaching a 15-year high and defying prevailing economic concerns. This remarkable rally has been fueled by a combination of factors, with President Bola

October 2, 2023

Nigeria's Diesel Prices Hit N978/Litre, Posing Economic Pressure Ahead Of Christmas

Business·News·Oil & Gas

FG To Grants 6-Month VAT Exemption On Diesel Amid Fuel Subsidy Talks

In a move aimed at providing relief to the Nigerian populace amidst ongoing discussions about the removal of fuel subsidies, the Federal Government has announced a significant measure to alleviate the economic burden on citizens and to avert the forthcoming strike by

October 1, 2023

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil.

Business·Currency·News·World News

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

The exchange rate of the US dollar against the Iraqi dinar witnessed a significant surge in the markets of Baghdad and Erbil. This unexpected surge came in the wake of the closure of the main stock exchanges, sending shockwaves through the financial

October 1, 2023

Labour·News

NLC Stands Firm On Nationwide Strike Amidst FG’s Independence Day Plea

In a resolute stance, the Nigeria Labor Congress (NLC) and the Trade Union Congress (TUC) have maintained that there is no turning back on their planned nationwide strike, set to begin on October 3rd. Despite last-ditch efforts by the Federal Government to

October 1, 2023

News·Oil & Gas

NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates

The Nigerian Content Development and Monitoring Board (NCDMB) has partnered with Waltersmith Refining and Petrochemical Company Limited to offer young university graduates remedial training on oil and gas industry operations. The 12-month Nigerian Content NC-Remedial Training Programme kicked off on Friday, in

September 30, 2023

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By Lukman Otunuga In a welcome development for Nigeria’s economy,

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Markets Fall as Iran Signals New Chance for Nuclear Talks

Global shares slipped and oil prices fell on Tuesday after

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at

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Finance & Economy - Page 173

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

Post-subsidy: FG Not Ready For CNG Deployment – Sam Amadi

Experts Urge Focus On Local Industries As Naira Fall Persists

UK, US Pledge Support For Nigeria’s Marine, Blue Economy Development

N10 Trillion Spent On Refineries, But They Refuse To Work, Says Taiwo Oyedele

NGX All-Share Index Soars 29.52% To 15-Year High Despite Economic Concerns

FG To Grants 6-Month VAT Exemption On Diesel Amid Fuel Subsidy Talks

Dollar Rises Against Iraqi Dinar, Local Markets Offer Stability

NLC Stands Firm On Nationwide Strike Amidst FG’s Independence Day Plea

NCDMB Joins Forces With Waltersmith Refinery On Oil Industry Training For Graduates

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Finance & Economy - Page 173

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