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- February 28, 2025
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Essence of CBN’s decision on naira stability, inflation
SAMI TUNJI explores the Central Bank of Nigeria’s recent monetary policy as it relates to stabilisation of the naira and curbing of inflation The Central Bank of Nigeria and its Monetary Policy Committee have taken decisive steps to stabilise the naira and curb inflation, signalling a shift in the country’s macroeconomic landscape. At the 299th
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SAMI TUNJI explores the Central Bank of Nigeria’s recent monetary policy as it relates to stabilisation of the naira and curbing of inflation The Central Bank of Nigeria and its Monetary Policy Committee have taken decisive steps to stabilise the naira and curb inflation, signalling a shift in the country’s macroeconomic landscape. At the 299th
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- February 28, 2025
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High operating cost, threat to telecom sector – BTel boss
The rising operational costs and the risk of a customer loyalty crisis are posing significant challenges to Nigeria’s telecommunications sector. In this interview with TEMITOPE AINA, Managing Director/Chief Executive Officer of Briclinks Africa Plc, Mohammed Buhari, discusses the impact of the recent 50 per cent tariff increase approved by the Nigeria Communications Commission How is
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The rising operational costs and the risk of a customer loyalty crisis are posing significant challenges to Nigeria’s telecommunications sector. In this interview with TEMITOPE AINA, Managing Director/Chief Executive Officer of Briclinks Africa Plc, Mohammed Buhari, discusses the impact of the recent 50 per cent tariff increase approved by the Nigeria Communications Commission How is
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- February 28, 2025
- 14 views
ASUU declares indefinite strike, shuts Sokoto varsity
The Academic Staff Union of Universities, Sokoto State University branch, has declared a total, comprehensive, and indefinite strike, beginning from Wednesday. The union said the failure of the university administration, governing council, and the state government to address lingering issues it raised were the reasons for the strike. It promised comprehensive enforcement, stating that the
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The Academic Staff Union of Universities, Sokoto State University branch, has declared a total, comprehensive, and indefinite strike, beginning from Wednesday. The union said the failure of the university administration, governing council, and the state government to address lingering issues it raised were the reasons for the strike. It promised comprehensive enforcement, stating that the
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- February 28, 2025
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Govt inaugurates committee to curb boat accidents
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has inaugurated a special committee on the prevention of boat mishaps in Nigeria in a bid to enhance safety on the nation’s inland waterways. In a statement on Thursday, the National Inland Waterways Authority explained that the event, which was held in Abuja, marked a crucial
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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has inaugurated a special committee on the prevention of boat mishaps in Nigeria in a bid to enhance safety on the nation’s inland waterways. In a statement on Thursday, the National Inland Waterways Authority explained that the event, which was held in Abuja, marked a crucial
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- February 28, 2025
- 18 views
Tanker drivers resume fuel loading in Lagos
Tanker drivers have resumed fuel loading following the resolution of their crisis with the Lagos State Government, The PUNCH reports. On Wednesday and Thursday, many fuel tankers were seen on the road conveying petroleum products to filling stations within and outside Lagos. The PUNCH recalls that many filling stations ran out of stock Monday due
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Tanker drivers have resumed fuel loading following the resolution of their crisis with the Lagos State Government, The PUNCH reports. On Wednesday and Thursday, many fuel tankers were seen on the road conveying petroleum products to filling stations within and outside Lagos. The PUNCH recalls that many filling stations ran out of stock Monday due
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- February 28, 2025
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Power sector grows revenue to N1.7tn
The Federal Government has announced that the power sector achieved a 70 per cent year-on-year revenue growth in 2024. The Minister of Power, Adebayo Adelabu, disclosed this at Thursday’s public presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan in Abuja. He said the sector’s revenue surged from N1.05tn in 2023 to
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The Federal Government has announced that the power sector achieved a 70 per cent year-on-year revenue growth in 2024. The Minister of Power, Adebayo Adelabu, disclosed this at Thursday’s public presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan in Abuja. He said the sector’s revenue surged from N1.05tn in 2023 to
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- February 28, 2025
- 14 views
Suspend Dstv price hike, govt orders MultiChoice
The Federal Competition and Consumer Protection Commission has directed MultiChoice Nigeria, the operator of DStv and GOtv, to suspend its planned subscription price hike pending the outcome of an ongoing investigation into the company’s proposed tariff adjustment. The consumer watchdog disclosed the directive in a statement signed by its Director of Corporate Affairs, Ondaje Ijagwu,
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The Federal Competition and Consumer Protection Commission has directed MultiChoice Nigeria, the operator of DStv and GOtv, to suspend its planned subscription price hike pending the outcome of an ongoing investigation into the company’s proposed tariff adjustment. The consumer watchdog disclosed the directive in a statement signed by its Director of Corporate Affairs, Ondaje Ijagwu,
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- February 28, 2025
- 18 views
FG, states, LGs share N1.7tn January revenue
The Federal Government, states, and Local Government councils have shared a total of N1.703tn in Federation Account revenue for January 2025. This amount represents an increase of 19.6 per cent or N279bn from the N1.424tn shared from December 2024 revenue According to a press release by the Director (Press and Public Relations) at the Office
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The Federal Government, states, and Local Government councils have shared a total of N1.703tn in Federation Account revenue for January 2025. This amount represents an increase of 19.6 per cent or N279bn from the N1.424tn shared from December 2024 revenue According to a press release by the Director (Press and Public Relations) at the Office
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- February 28, 2025
- 18 views
Lagos Assembly: Obasa returns as Akande, Osoba panel’s intervention collapses
The ousted Speaker of the Lagos State House of Assembly, Mudashiru Obasa, returned to the House in a shocking move on Thursday. Obasa, who was removed as Speaker by 36 lawmakers on January 13, 2025, came in the company of security officials and made his way into the Speaker’s Office around 9 am. The PUNCH
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The ousted Speaker of the Lagos State House of Assembly, Mudashiru Obasa, returned to the House in a shocking move on Thursday. Obasa, who was removed as Speaker by 36 lawmakers on January 13, 2025, came in the company of security officials and made his way into the Speaker’s Office around 9 am. The PUNCH
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- February 28, 2025
- 18 views
Nigerian passengers stranded in Togo after Air France flight diversion
Nigerian passengers aboard an Air France flight have been left stranded in Lomé, Togo, following a diversion caused by bad weather in Abuja. The Minister of Aviation and Aerospace Development, Festus Keyamo, raised the alarm over the situation in a statement posted on his official X account on Thursday night. Keyamo revealed that the Air
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Nigerian passengers aboard an Air France flight have been left stranded in Lomé, Togo, following a diversion caused by bad weather in Abuja. The Minister of Aviation and Aerospace Development, Festus Keyamo, raised the alarm over the situation in a statement posted on his official X account on Thursday night. Keyamo revealed that the Air
