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Economy

CBN Issues Statement Affirming Emefiele Will Keep Performing Duties As Directed By Buhari

The Central Bank of Nigeria, CBN, has announced the resumption of its governor, Godwin Emefiele. The governor flew out of the country late last year...

Less We Forget: 130 Million Nigerians Have Sunk Into Poverty Under Buhari

The National Bureau of Statistics, NBS, recently released one of the most shocking reports since its establishment in 2007. Its yearly statistical report revealed...

More Hardship: Food Prices On Steady Increase, New NBS Report Reveals

The National Bureau of Statistics, NBS, said that prices of selected food items increased in November. This is, according to the NBS Selected Food Prices...

Buhari Times: Airfare Increased By 98% – From N37,000 To N73,000 – In One Year

The National Bureau of Statistics, NBS, on Monday, December 26, 2022, said airfare rose by 97.90 percent in 12 months from November 2021. In a document...

Independent Fuel Marketers Threaten Boycotts Over ‘Discriminating Distribution System’

Members of the Independent Petroleum Marketers’ Association of Nigeria, IPMAN, on Wednesday, December 7, 2022, threatened to boycott private depots unless they are supplied...

Unending Hardship Under APC: Independent Marketers Warn Of Petrol Price Increase

Oil marketers, on Thursday, November 25, 2022, issued a stern warning to the public, asking them to expect to buy petrol at ‘any price’. Marketers,...

CBN Directs Banks To Open Offices On Saturday To Handle Naira Deposits

The Central Bank of Nigeria, CBN, has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable customers...

Petrol Subsidy Will End After Buhari Leaves Office – Finance Minister

Zainab Ahmed, the minister of Finance, Budget, and National Planning, says the Federal Government will do away with petroleum subsidy by June 2023. Ahmed said...

As Petrol Scarcity Persists, Oil Marketers Discard Official Pump Price

The shortage of Premium Motor Spirit, PMS, popularly called petrol appears to have defied all official solutions as motorists continued to contend with the...

Independent Petroleum Marketers Call For Organised Labour Intervention

The Independent Petroleum Marketers Association of Nigeria, IPMAN, has called on the Nigeria Labour Party and the management of Nigerian National Petroleum Corporation to...

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