Nigeria’s inflation drops to 11.14 percent in July – NBS

The National Bureau of Statistics, NBS, has announced that the Consumer Price Index, CPI, which measured inflation for July dropped to 11.14 per cent...

Nigeria’s electricity generation now at 7000MW – Fashola

The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Friday announced that the current power generation in the country has currently climbed...

Ecobank management reacts after fire gutted head office

A fire outbreak that lasted for about three hours on Tuesday morning disrupted banking services at the head office of Ecobank Nigeria Ltd. on...

Nigerian businesses annually spend N5trn on generators – Official

The Executive Director of Rural Electrification Fund, Rural Electrification Agency, REA, Sanusi Ohiare, has disclosed that an estimated N5trn is expended yearly on importing,...

Nigeria unveils name of national carrier, logo

The Minister of state for Aviation, Hadi Sirika, on Wednesday unveiled the name and logo of the new national carrier, Nigeria Air, whose colour...

IMF raises Nigeria’s 2019 GDP growth forecast to 2.3 percent

The International Monetary Fund, IMF, on Monday upgraded its growth rate forecast for Nigeria’s Gross Domestic Product, GDP, in 2019 to 2.3 per cent,...

Civil servants’ salaries threatened as FAAC suspends meetings indefinitely

The salaries of civil servants in states across the federation might be at risk as members of the Federation Accounts Allocation Committee, FAAC, on...

NLC pickets MTN offices in Kano, Bauchi over ‘unfair’ labour practices

The Nigerian Labour Congress, NLC, on Monday picketed MTN’s office in Kano and Bauchi, following what they termed hostile working environment for the workers. The...

FAAC meeting deadlocked as Adeosun says salaries may be affected

Commissioners of Finance, who had converged in Abuja with the expectation to collect their states’ share of the monthly allocation, on Wednesday stormed out...

Budget cuts: Senators, Reps committed crime against humanity, should be dragged...

A civil society organisation, the Socio-Economic Rights and Accountability Project, SERAP, has stated that the National Assembly violated the fundamental rights of Nigerians by...