The federal government has spent a whopping N8.94 trillion on debt servicing in the first nine months of 2024, representing a significant 47% of total expenditure during this period. The figure marks a sharp 56.8% increase compared to N5.69 trillion spent Read more…
Category: Business
Governor of Enugu State, Dr. Peter Mbah, on Thursday, signed Land Use Regulation 2025 as well as Executive Order No. 1, 2025, designating some areas in the state as urban areas, In exercise of his powers under the Land Use Act Read more…
The Chief Executive Officer of Financial Derivatives, Bismarck Rewane, has expressed support for the proposed telecom tariff hike, citing its potential to enhance productivity and moderate inflation in the economy. Speaking on Channels Television’s Business Morning on Thursday, Rewane highlighted Read more…
The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, says telecom tariffs will soon increase but not by 100 per cent. Rising from a stakeholders’ meeting with Mobile Network Operators (MNOs) on Wednesday in Abuja, Tijani said that Read more…
By Eche NwaobasiNnewi It was encomiums and praises galore for a Lagos-based business tycoon high chief, Ernest Anyaeche, aka Orimili Ochendo and the likes of chief Arinze S. B. Anyaora, MD and C.E.O of Benzona Nig Ltd, for their exemplary Read more…
Hon Sir Pat Ubajaka, the leading aspirant for the Anambra South Senatorial seat, called on the electorates to take the responsibility of choosing the right person for the seat very seriously. Hon Ubajaka stated why the South Senatorial Zone is Read more…
Disengaged staff members of the Central Bank of Nigeria, who were laid off in a mass redundancy last year, have taken the apex bank to the National Industrial Court of Nigeria in Abuja. The aggrieved former staff members, in an Read more…
Transmission Company of Nigeria (TCN) announced that power outages will occur daily from 9 am to 4 pm starting Monday, January 6 to 20, 2025, affecting areas including Kubwa, Karu, and Nyanya, due to the relocation of electricity towers for Read more…
President Bola Tinubu has praised the Enugu State governor, Dr Peter Mbah, for his leadership style and commitment to development, describing him as a focused and result-oriented leader. Tinubu who spoke yesterday during his first official visit to Enugu, where he Read more…
Former President Olusegun Obasanjo has slammed the recent invitation the Nigerian National Petroleum Corporation Limited extended to him, describing it as disrespectful. The NNPCL had, through its spokesperson, Olufemi Soneye, invited the former president for a tour of the Port Read more…
Strong indications emerged at the weekend that prices of Premium Motor Spirit (PMS), popularly called petrol, may crash further in 2025. Industry experts, who spoke to Saturday Sun, noted that petrol, which currently sells for between N900 and N950 in many Read more…
Former governor of Anambra State and Labour Party presidential candidate in Nigeria’s 2023 presidential election, Mr. Peter Gregory Obi, has said that the nation needs selfless leadership, contrary to claims of an improved economy by the ruling APC. Obi, who Read more…