Sunday, March 16, 2025
LAGOS – The Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of all Central Bank of Nigeria (CBN)-Licensed Bureaux De Change (BDCs) in Nigeria, has appealed to the Central Bank of Nigeria (CBN) to adjust and lower its applicable Exchange Rate downward below the N1,251/$ its pegged […]
…Tunde Rahman, Presidential aide, hails Onyema …Private sector group rallies round Air Peace, urges FG to step up, protect national interest Olisa Agbakoba, a senior advocate of Nigeria (SAN), has said that the Nigerian economy had begun to turn the corner for good. Agbakoba pointed out that the economic activities of […]
The global food price index has rose for the first time since July 2022, as prices of vegetable oils, meat and cereals outweigh the decline in sugar and grains, the Food and Agriculture Organisation (FAO) reported Friday. The Food Price Index by the FAO reports that prices of vegetable oils […]
The Lagos State Consumer Protection Agency (LASCOPA) is flexing its muscle, directing all supermarkets and grocery stores within the state to ensure clear price tags on all products. Failure to comply will result in hefty fines or even closure, the agency warned. This directive, announced on the Lagos State government website, comes as part […]
The Federal Government dug in its heels on Friday, refusing to back down from the controversial 240% tariff increase for Band A electricity consumers despite widespread opposition. This move throws has made the Nigeria Labour Congress to tell the Federal Government to prepare for the consequences of the tariff hike. Subsidy axe falls on […]
Yields in the Treasury Bills market increased at a much higher rate to 17.67 percent as at March 26, 2024 from 6.29 percent at the beginning of the year. This follows the unprecedented rise in the monetary policy rate by 600 basis points so far in the year to 24.75 percent, thereby […]
Olisa Agbakoba, a senior advocate of Nigeria (SAN), has said that the Federal Government needed to put the private sector at the centre of economic development in Nigeria by withdrawing from key businesses. Agbakoba said the contributions of Aliko Dangote’s refinery to the economy since it commenced operation by crashing […]
As concerns mount that Artificial Intelligence, AI will replace certain percentage of jobs globally; policy makers in Nigeria have been tasked to proactively come out with practicable policies to mitigate consequences of the technology on employment. The urgent policy in the face of rising unemployment in Nigeria has become necessary […]
Yemisi Duduyemi is the founder & CEO, Custom Gifts & Designs Limited, one of the fastest growing gifting companies in Nigeria. In her two decades of work experience, she has exemplified herself as a thoroughbred professional and more lately blazing the trail in the world of business. Duduyemi is a […]
12 Nigerian states are forging ahead with plans for independent power projects, empowered by the Electricity Act 2023, a hopeful sign for Nigeria’s long-standing battle with insufficient electricity. This act, signed into law last June, decentralised control of electricity generation, granting states the authority to generate, transmit, and distribute power […]