VIDEO: Ooni of Ife gets golden carriage

A new golden carriage has been presented to the Ooni of Ife, Oba Adeyeye Ogunwusi, in a gesture of honour and respect. Peoples Democratic Party chieftain, Dele Momodu, shared video…

Reforms will address economic challenges, says Tinubu

President Bola Tinubu has stated that his administration will continue with its proposed strategic reforms and measures to address deep-rooted structural issues in the country. He said the reforms would…

CBN projects lower inflation, says reforms attract $24bn inflow

The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says inflationary pressure has started dropping as a result of the central bank’s policy measures, which aim to reduce the…

Court asks IKEDC, NERC to reverse tariff hike

The Federal High Court sitting in Lagos has restrained Ikeja Electric Plc and the Nigerian Electricity Regulatory Commission from applying, administering and/or implementing the purported tariff stipulated in the April…

AMCON grew profit by 212% in 2023

The Asset Management Corporation of Nigeria has posted a 212 per cent growth in its profit to N108.43bn in 2023 from N34.73bn in the corresponding period. This was indicated in…

Analysts project stable Treasury bills rates

Financial analysts are predicting a stable outlook for Nigeria’s upcoming Treasury Bills auction. They noted that rates would remain steady despite increased offer amounts and enhanced system liquidity. According to…

Tinubu’s govt not reliant on ways and means – Finance Minister

The Federal Government, on Tuesday, said it does not rely on ways and means to fund itself. It also said it made no request to President Bola Tinubu for funds…

Tinubu sets up committee to curb cholera outbreak

President Bola Tinubu on Tuesday approved the establishment of a cabinet committee to oversee the emergency operations centre led by the National Center for Disease Control in response to the…

Atiku decries Danfodiyo varsity deputy vice chancellor’s murder

A former Vice President of Nigeria, Atiku Abubakar, has called on managers of Nigeria’s economy to rejig its security architecture to tackle banditry. The ex-vice president made the call on…

Gombe empowers 125,729 farmers 

Over 125,729 have been empowered in the fourth phase of the Nigeria-COVID-19 action recovery and economic stimulus area two FADAMA Gombe action recovery and economic stimulus projects. Disclosing this on…

Business & Economy

CBN injects $197.71 million into FX market amidst US import tariff hike
TotalEnergies declares N27bn profit for 2024