Federal Republic Of Nigeria
Tony Elumelu's Transcorp profit hits N82.1 billion in first half of 2023, despite Otedola's exit
Transnational Corporation Plc has netted a profit of N82,1 billion in the first half of 2023, representing a 31% growth YoY and operating income rising by 46%.
Fuel scarcity looms as Independent Petroleum Marketers in the North threaten to shutdown operations
Independent Petroleum Marketers in the North are threatening to shut down operations over the N250 billion owed them by the NMDPRA on bridging claims in 2022.
“N8,000 is significant”: World Bank says FG’s palliative will increase household earnings by 10 per cent
The World Bank has said the federal government's plan to give N8,000 as palliatives will increase available earnings and income of about 50% of Nigerians by 10%
NCC warns phone dealers against buying, selling unapproved phones, lists types
The Nigerian Communications Commission (NCC) has warned dealers and sellers against buying and selling unauthorised and unapproved cell phones and devices.
Amid N82 trillion debt stock, World Bank warns Nigeria to reduce borrowing
The World Bank Group has implored Nigeria to cut back on its borrowing from the central bank if it intends to lessen the burden of inflation on the economy.
Strike: Nigerians react as FG approves N25k allowance for doctors
Nigerians are not pleased with the federal government following the approval of a N25,000 allowance for medical and dental doctors in public service nationwide.
CAC moves to delist 100,000 registered companies from database but gives hope to small businesses
The Corporate Affairs Commission (CAC) has revealed plans to delist registered companies from its website for failing to file their annual returns in 10 years.
CBN to sanction licensed super agents over hike in PoS charges by operators.
The Central Bank of Nigeria has revealed plans to sanction Super Agents and others whose PoS operators or agents embark on arbitrary prices increases in Nigeria
Nigeria tops countries with worst traffic congestion in Africa
Numbeo’s Traffic Index shows that Nigeria leads countries with worst traffic index, as well as the countries that spend the most time stuck being in traffic.
Federal Republic Of Nigeria
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