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Nigeria records 227 national grid collapses in 14 years
Nigeria recorded 227 total and partial national grid collapses from 2010 to April 2024 amid epileptic power supply. Ndidi Mbah,...
CBN Reduces Loan-to-deposit Ratio To 50%
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to combatting rising inflation through the Loan Deposit Ratio (LDR)...
Petrol Scarcity To Worsen As Marketers Threaten Withdrawal Of Services
Amid worsening fuel scarcity across the country, the Independent Petroleum Marketers Association of Nigeria, IPMAN, has threatened to cripple the...
CBN stops four fintech banks from onboarding new customers
The Central Bank of Nigeria, CBN, has ordered four fintech companies to stop onboarding of new customers pending further notice....
Fuel queues will disappear by May 1 according to NNPCL
NNPC Ltd assures Nigerians that fuel scarcity and queues will be cleared out by Wednesday, May 1, according to Chief...
Senate begins investigative hearing on electricity tariff hike
The Senate has commenced an investigative hearing on the increase in the electricity tariff in 11 states in Nigeria. At...
Customers not enjoying 20 hours of electricity won’t pay new tariff
The Nigerian Government on Monday said that customers not enjoying 20 hours of electricity would not have to pay the...
MRS slashes diesel price to N1,050 per litre
Dangote Refinery’s recent price slash, MRS Oil Plc, a major oil marketing company, yesterday, reduced the price of its diesel...
Nigerian Govt announces plan to merge CBN’s NIRSAL, Bank of Agriculture
The National Council on Privatisation, NCP, has announced that it is aiming to merge the Central Bank of Nigeria’s NIRSAL...
EFCC Files Fresh 26-Count Charge Against Emefiele
The Economic and Financial Crimes Commission has filed a fresh charge at the High Court of the Federal Capital Territory...
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