The Naira depreciated at the official and parallel markets amid growing concerns that oil revenue fluctuation and global monetary tightening would lead to further devaluation of the currency. Official data
The Naira depreciated at the official and parallel markets amid growing concerns that oil revenue fluctuation and global monetary tightening would lead to further devaluation of the currency. Official data
Ahead of the deployment of the fifth generation technology (5G) in the country first quarter (Q1) this year, subscribers must brace to pay more for services provided on the network
The Federal Government plans to raise about N471 billion in new debt capital from the domestic capital market this quarter as the government begins fund raising to bridge 2022 budget
Nigeria’s foreign reserves arrested a 10-week decline, rising to $40.5 billion by the close of business last week. The foreign reserves rose by $12 million the Central Bank of Nigeria(CBN)
A former Chairman of the Independent National Electoral Commission (INEC) , Prof Attahiru Jega, yesterday, joined calls to urge the National Assembly to consider dropping the direct primary clause in
The Federal High Court in Lagos has dismissed an application by Petro Union Oil and Gas Company Limited to enforce a £2.550 billion judgment against the Central Bank of Nigeria
President Muhammadu Buhari will tomorrow unveil one million bags of rice paddy stacked as pyramids in Abuja. Considered to be the biggest of its type in Africa, the pyramids are
The Senate will decide on how to go about the re-amendment of the Electoral Act after resumption, it was learnt yesterday. The Chairman of Senate Committee on Media and Public
Ebere Uzoukwa The expectations of many that attended the Adaelu reconvened Ukwa La Ngwa meeting on January 2 were somewhat dashed. Beside the voice votes affirming the retention of the
The national peak demand forecast of 19,798 megawatts (MW) by the Nigerian Electricity Supply Industry (NESI) is 15,611MW below actual supply, The Nation has learnt. Electricity customers, on January 13, 2022, got