Nigeria Electricity Tariff To Increase From January 2022

With plans to end the electricity subsidy from next year, Nigerians would have to pay more for the commodity under a new tariff arrangement...

Central Bank of Nigeria; Forex Scams and Economy

THE continued downward spiral of the naira at the weekend, when it exchanged at N570 to one United States dollar, has upended the recovery...

Nigeria Senate Indicts 39 MDAs Over N2.2bn Payment Advances

The Senate has indicted the Budget Office, the ministries of information, interior and 36 other federal agencies for allegedly failing to retire advances amounting...

Nigeria President Approves Incorporation Of NNPC, And Appoints New Board Members

The President, Major General Muhammadu Buhari (retd.), has directed that the Nigerian National Petroleum CompanyLimited be incorporated. He also approved the appointment of the Board...

Ivory Coast and Ghana leaders to press Guinea’s sanctions-hit junta

A delegation of West African leaders arrived in Guinea on Friday, a day after the regional bloc sanctioned the new military leaders for ousting President...

‘Nigeria dependent on cooking gas imports from U.S, Algeria, Equatorial Guinea’

Despite huge gas resources, currently hovering around 206 trillion standard cubic feet, smaller African countries like Algeria and Equatorial Guinea are now exporters of...
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