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Sunday, January 19, 2025

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Economy

Food prices hit rooftop in May

Following the removal of fuel subsidy, the prices of food items have increased unimaginably in May. According to the National Bureau of Statistics, NBS, disclosed...

Abuja women discover alternative to tomatoes stew as cost skyrockets

  Some housewives in the Federal Capital Territory(FCT) Abuja, on Sunday, said they have ditched tomatoes for their stews and other sauces as cost skyrockets. The...

Fire guts hotel in Onitsha

Fire, on Monday gutted Sopurum Hotel, located in the Nkwelle community, Onitsha, Anambra State. Report has it that the incident occurred in the early hours...

Fuel pump price: IPMAN makes clarifications

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied the alleged plan by the association to increase the pump price of Premium Motor...

APC chieftain, Igbokwe laments fuel subsidy removal, reveals strategy

A chieftain of the All Progressives Congress, APC, in Lagos State, Joe Igbokwe, has lamented the current hardship created by the removal of fuel...

We will shut down filling station that sells petrol above govt approved price – CSOs 

Civil society groups on Friday said it will go all out to mobilise Nigerians to the streets against the Independent Petroleum Marketers Association (IPMAN)...

Nigeria lacks adequate digital, financial infrastructure for cashless economy, says World Bank

The World Bank has said Nigeria lack adequate digital and financial infrastructure to support smooth transition to a cashless economy. The PUNCH report claimed that...

Planned electricity tariffs hike insensitive, callous, says NLC

Nigeria Labour Congress (NLC) condemned the proposed hike in electricity tariffs by July 1st, noting that the plan is both insensitive and callous and...

FAAC shares N786bn May revenue among FG, states, LGAs

The three tiers of government have shared N786.16bn May revenue among themselves according to the Federation Account Allocation Committee report. PUNCH reports that the figure...

CBN lifts restrictions on domiciliary account operations

The Central Bank of Nigeria (CBN) has lifted restrictions placed on domiciliary accounts limiting individuals' operations. The lift was contained in a “further guidance on...

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