Business
NCC’s 50% Telecom Tariff Hike: A Necessary Step for Industry Survival or a Burden on Nigerians?
By Lukman Laleye Babalola The Nigerian Communications Commission (NCC) recently approved a 50% increase in telecommunications tariffs, a decision that...
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Tinubu Inherited ₦87.38 Trillion Debt, Not ₦21 Trillion – DMO Clarifies
The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in...
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Reps Committee: Government Can’t Afford Power Subsidies Anymore
The Chairman of the House of Representatives Committee on Finance, Mr. James Faleke, has stated that the government can no...
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President Tinubu Appoints Opeifa as MD, Nigeria Railway Corporation
President Bola Ahmed Tinubu GCFR has appointed Dr Kayode Opeifa as the Managing Director of the Nigeria Railway Corporation a...
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CBN Vows To Tackle Buying, Selling Of Naira Notes
Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and...
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NCC Approves Request for Tariff Adjustments by Operators
The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to...
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NNPCL Remitted ₦10 Trillion To Federation Account In 2024 – Kyari
The Nigerian National Petroleum Company Limited has remitted N10 trillion to the federation account, making it the highest taxpayer in...
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FX reserves hit $40.8bn one month after Eurobond
Nigeria’s foreign exchange reserves surged by $591.78m in the month following the government’s $2.2bn Eurobond auction on December 2, 2024....
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Nigeria’s debt to hit N187.8trn in 2025 amid rising borrowing costs
Nigeria’s debt stock will reach N187.79 trillion this year as the West African country grapples with a rising borrowing cost,...
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FG allocates N146 billion counterpart funding for Lagos Green Line rail project
The Federal Government has allocated N146.14 billion as counterpart funding for the Lagos Green Line Metro Rail Project, a 68km...
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