Bitcoin soars past $100,000 amid Trump’s pro-crypto revolution
Bitcoin has shattered the $100,000 milestone, riding a wave of investor confidence sparked by U.S. president-elect Donald Trump’s pro-crypto pivot.......
Category : Business | Economy
How Police officers stole N43.16m cash of N74.9m from owners, declared N31.7m
**Arrested Officers to Face Dismissal, Prosecution for Criminal Conspiracy, Theft The Police at Force headquarters on Wednesday disclosed that forensic......
Enugu Govt, WANDE NEXUS Formalise $100m FDI to Boost Water Infrastructure
The Enugu State Government and WANDE NEXUS, have formalised an agreement to implement the Sustainable Last Mile Connectivity and Advanced......
Gov Mbah Bags Trailblazer Award as ENIFF 2024 Wraps Up in Grand Style
_Assures Nollywood would return to Enugu_ _Best films, institutional collaborators get awards_ Governor of Enugu State, Dr. Peter Mbah, has......
Business Mogul hails Mbah’s proposed N971 billion 2025 budget
A business mogul , and Managing Director, EsomGod table water and Gburugburu Hospital and Maternity, Chief Stephen Iyida Ejiofor, a......
P’Harcourt refinery halts operations, loading bay empty
The fanfare that greeted the resumption of activities at the Port Harcourt Refining Company on Tuesday may have melted away......
How Okonjo-Iweala re-emerged WTO director-general
World Trade Organization chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the shadow of the coming return......
Nigeria, France sign €300m agreement on agriculture, food security
Nigeria’s President Bola Tinubu and France’s President Emmanuel Macron signed two key agreements on Thursday in Paris, cementing a partnership......
A starved nation won’t care about weather, environment- TINUBU tells Macron
President Bola Tinubu, has told France President, Emmanuel Macron, that a starved nation will not care about weather or environment,......
Auditor General uncovers N14bn tax fraud in over 30 agencies
A report by the Auditor-General of the Federation has unearthed tax irregularities amounting to N14.33bn across more than 30 Ministries,......
Reps to probe N8.4tn allegedly withheld by NNPCL
The House of Representatives on Wednesday asked its Committees on Finance, Petroleum (Upstream and Downstream) to investigate reports from the......
25 states to benefit from $500m W’Bank loan
No fewer than 25 state governments will be beneficiaries of the newly approved $500m World Bank loan to improve water......
FULL LIST of dormant companies recently delisted by CAC
The Corporate Affairs Commission (CAC), recently delisted the names of companies that have not filed their annual reports in 10......
Gov Mbah Presents N971bn 2025 Budget of Exponential Growth and Inclusive Prosperity”
Crashes Recurrent further to 14% at N133.1bnC apital Expenditure rises to N837.9bn Again, Education gets over 33% of......
At last, Port Harcourt refinery begins production
After several postponements, the Port Harcourt refinery has finally commenced fuel production. The Nigerian National Petroleum Company Limited confirmed this......
Enugu set to host 23rd National Sports Festival, as Mbah presents 2025 budget Tuesday
Enugu State will host the 23rd edition of the National Sports Festival after clinching the hosting rights following competitive bids......
Northern Elders reject tax reform bill, criticize politicians’ silence
The Northern Elders’ Forum (NEF) has firmly rejected the contentious Tax Reform Bill, labeling it a threat to national unity......
ACERDEN Monitors Commend Enugu NG-CARES Programme
A team of third-party monitors from the African Centre for Rural Development and Environment (ACERDEN) recently visited Enugu State to......
Auditor-General uncovers N197bn contract fraud in MDAs
A report by the Auditor-General of the Federation has exposed irregular payments for contracts totalling over N197.72bn across various......
Gov. Mbah to present 2025 budget next week
Governor Peter Mbah of Enugu State will on Tuesday November 26, 2024 present the 2025 appropriation before the State House......
Mbah Woos Investors at Day of German Unity Event
… Says Enugu Ready for Business_ Governor of Enugu State, Dr. Peter Mbah, has urged German and other foreign investors......
Enugu Business Community told to support Gov. Mbah’s tax reforms
The business community in Enugu State has been charged to support reforms in the tax sector initiated by Governor Peter......
NAFDAC uncovers ₦2bn fake alcohol packaging centres in Lagos
The National Agency for Food and Drug Administration and Control has uncovered counterfeit alcohol packaging centres at Article Market, Abule-Osun,......
Dangote resumes US crude purchase after three months
The Dangote Petroleum Refinery has recommenced the purchase of crude oil from the United States in its ongoing efforts to......
Reps demand N500bn capital base for DisCos
The House of Representatives has mandated electricity distribution companies, DisCos, to undertake a N500 billion recapitalisation to enhance their financial......
Wike approves N70,000 minimum wage for FCT workers
The Minister of the Federal Capital Territory, Nyesom Wike, has approved the immediate payment of N70,000, the new minimum wage......
Speaker urges action on Nigeria’s low 6% tax-to-GDP ratio
The Speaker of the House of Representatives, Tajudeen Abbas, has called for a concerted effort to address Nigeria’s low tax-to-gross......
First Lady cautions market women against hiking food prices
The First Lady, Sen. Oluremi Tinubu, has appealed to market women across Nigeria to refrain from undue increase in prices......
FAAN to shut down power at Lagos airport Saturday
The Federal Airports Authority of Nigeria has said it will, on Saturday, shut down power supply to the International Terminal......
EFCC Docks Chinese Brothers, One Other in Enugu for alleged illegal mining
The Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on Tuesday, November 12, 2024 arraigned two Chinese......
MultiChoice writes off $21m deposited in defunct Heritage Bank
MultiChoice Group Limited has written off $21m deposited in Nigeria’s Heritage Bank following the financial institution’s liquidation earlier this year.......
NNPC Ltd Announces 1.8mbpd Production, Eyes 2mbpd by Year End
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have revved up crude oil and gas production to......
EFCC Arrests Man in Enugu for Alleged Currency Racketeering
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC have arrested one Hussaini Ibrahim in......
Customs hits N5.07tr annual revenue target
The Nigeria Customs Service (NCS) on Tuesday said it has met its 2024 annual revenue target of N5.97 trillion. Its......
FG to raise $10bn for power sector
The Federal Government plans to engage the private sector to raise a portion of the $10 billion for reliable electricity......
NAHCON fails to account for N90bn Hajj subsidies
The National Hajj Commission of Nigeria (NAHCON) failed to properly account for how the N90 billion subsidy paid by the......
Autonomy: FG, govs, LG chairs sign implementation agreement
The Committee on Local Government Autonomy set up by the Federal Government has concluded its meetings and signed the technical......
NNPCL ends N24tn fuel import, buys from Dangote refinery
The Nigerian National Petroleum Company Limited has stopped importation of refined petroleum products and is now off-taking fuel from the......
Bitcoin soars past $80,000 barrier as US election sparks crypto optimism
Bitcoin smashed through the $80,000 milestone late Sunday, reaching an all-time high of $81,858 amid post-election optimism in the US,......
Kano earmarks N150bn for civil servants’ salaries in 2025
The Kano State Government has earmarked a whopping sum of N150,996,352,990.82 for the payment of monthly salaries and allowances to......
Petrol landing cost drops to N971/litre – Report
The estimated cost of landing Premium Motor Spirit, commonly known as petrol, on Nigeria’s shores has seen a considerable reduction......
NLC gives govs Dec 1 ultimatum for minimum wage payment
NLC gives govs Dec 1 ultimatum for minimum wage payment The Nigeria Labour Congress has given state governments an ultimatum......
S ’Africa, seven countries queue to lift Dangote refinery fuel
The Dangote Refinery and Petrochemical is set to begin fuel exports to South Africa, Angola, and Namibia, Saturday PUNCH can......
Mbah charges contractors on speedy completion of smart school, PHC projects
…assures rewards, more contracts for outstanding performance Enugu State governor, Dr. Peter Mbah, has enjoined contractors executing the ongoing 260......
Enugu govt trains newly recruited IRS staff to improve revenue collection
The Enugu State Internal Revenue Service (ESIRS) has recruited over 200 staff in a bold move to eliminate loopholes in......
Reps summon ministers over $2bn energy fund
Reps summon ministers over $2bn energy fund The Ministers of Agriculture and Food Security, Abubakar Kyari, his Science, Technology, and......
Leave Abuja-Kano road project, FG orders Julius Berger
The Federal Ministry of Works has directed Julius Berger, the contractor handling Section One rehabilitation of the Abuja-Kaduna-Zaria-Kano Dual Carriageway,......
Gov Mbah Flags-off 78.85km of multiple Roads in Nkanu East and West LGAs
…Sets Timeline for contractors_ Governor Peter Mbah of Enugu State, on Wednesday, flagged of the construction of multiple road projects......
Gov Mbah Flags-off Construction of 44km Amah-Eke–Oghe- Iwolo-Olo-Umulokpa Road
Governor of Enugu State, Dr. Peter Mbah, has flagged off the construction of the 44.8km Amah-Eke–Oghe- Iwolo-Olo-Umulokpa Road, traversing the......
Gov Mbah Flags-off dualization of 43.7 Penoks-Abakpa Nike-Opi-Nsukka Road
… Mbah is godsent to Nsukka zone- Igwe Asadu … You’ve proven yourself more Nsukka than any Nsukka man- Ezenta......
IFC, CBN sign deal to boost local currency financing in Nigeria
The International Finance Corporation, a member of the World Bank Group and the Central Bank of Nigeria have announced an......
Dangote invests $280m in CNG conversion, others
The Dangote Group says it has invested over $280m in Compressed Natural Gas technology and infrastructure, saying it is in......
EEDC issues deadline for upgrade of prepaid meters
The Enugu Electricity Distribution Company (EEDC) has advised its customers to ensure that their prepaid meters are upgraded before 24th......
Enugu gov’t hands over 347 plots of land to UNN ASUU
The Enugu State Government has handed over 347 plots of land to the Academic Staff Union of Universities, ASUU, University......
FG plans 50% tax relief to help firms increase salaries
The Federal Government is introducing a 50 per cent tax relief for companies that increase salaries or offer transportation allowances......
Rivers, firms sign $300m waste-to-wealth deal
The Rivers State Government has stated that it will promote, strengthen and implement the use of Artificial Intelligence in waste......
JUST IN: Mbah Approves N80,000 As Minimum Wage for Enugu Workers
.. _It’s unprecedented to earn above minimum wage in Enugu- Labour_ … _We’ll commence implementation immediately- ALGON_ Governor of......
Obi calls for Nigeria’s shift to production economy
The 2023 presidential candidate of the Labour Party, Peter Obi, called for Nigeria to embrace productivity and improve its trade......
FX inflows reach $57 billion – CBN
The Central Bank of Nigeria, CBN, has said Foreign exchange (FX) inflows to Nigeria reached $57 billion by August 2024.......
Nigeria still borrowing amid high debt costs – IMF
Nigeria’s engagement with the global debt market remains vibrant despite challenges posed by high borrowing costs, the International Monetary Fund......