Stock Market Suffers N393bn Loss
On Tuesday, the equities market closed on a negative note, declining by 1.83 per cent as profit-taking hit the market following investors’ moves to increase capital gains. The Nigerian Stock…
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NERC Denies 50% Hike, TUC threatens showdown
A few hours after the news broke out that approval for the hike in tariff was given by the Nigerian Electricity Regulatory Commission to take effect from January 1, 2021,…
Continue readingNigeria’s 2021 Growth Threatened by Poor Investments and Low Revenues – World Bank
In its January 2021 Global Economic Prospects report, the World Bank disclosed that Nigeria’s growth is expected to resume by 1.1 per cent in 2021 from a contraction of 4.1…
Continue readingCBN Injected $4.37bn into Foreign Exchange Market in 3 Months
In its third quarter economic report, the Central Bank of Nigeria disclosed that it injected $4.37bn into the foreign exchange market in the third quarter of 2020 as part of…
Continue readingEmployment of 774,000 Kicks Off Tuesday —Keyamo
The Minister of State for Labour and Employment, Festus Keyamo has announced on his Twitter handle on Sunday night that the Special Public Works Programme which would engage 774,000 unemployed…
Continue readingNIMC Workers Suspended Over NIN Extortion Allegations
Workers fingered in extortion at the enrolment centres of the National Identity Management Commission have been suspended by the Federal Government. It was reliably gathered that the Minister of Communications…
Continue readingCOVID-19: Lai Mohammed Insists FG Has No Plan for Fresh Lockdown
Speaking at a conference in Lagos, the Minister of Information and Culture, Lai Mohammed on Monday insisted that the Federal Government has no plan to impose a fresh lockdown on…
Continue readingHow to Activate NIN Digital ID Card On NIMC Mobile App
In a bid to provide a stable and secure identity for Nigerians, the National Identity Management Commission (NIMC) has officially unveiled the Web Service (MWS) Application, called the NIMC Mobile…
Continue readingEnugu State Government Opens Application Portal for 1000 Traffic Officers and Forest Guards Jobs
The Enugu state government has announced the opening of an online application portal for the recruitment of 500 Traffic Officers and 500 Forest Guards. The state Head of Service, Ken…
Continue readingOil Prices Expected to Rise by 10% in 2021 – Afreximbank
Afreximbank African Commodity Index for the third quarter of 2020 stated that Oil prices are expected to rise around 10 per cent over the next year. According to the index,…
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