Inflation: CBN raises interest rate to 15.5%

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The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 15.5 percent, from 14 percent in a bid to curb...

8 Smart Ways To Grow Your Money

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While a monthly salary can grow your money, it can’t help you accumulate the amount you require to be rich. This is because your...

FG suspends proposed 5% excise duty on telecom services

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The Federal Government has postponed implementing the 5% excise duty on telecommunications services that it had previously announced. Isa Pantami, the minister of communications...

MC Oluomo launches new Lagos parks uniform (Video/Photos)

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Chairman, Lagos State Park and Garages Management Musiliu Akinsanya aka MC Oluomo has unveiled the new uniform for his members. In trending photos, MC Oluomo...

Elon Musk justifies scrapping Twitter deal on whistleblower’s claims

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Elon Musk, the CEO of Tesla, has once more provided justification for his request to revoke the $44 billion acquisition of Twitter. This time,...

Fidelity Bank Set To Acquire Union Bank

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Fidelity Bank Plc has announced its proposed acquisition of a 100% equity stake in Union Bank Plc in the United Kingdom. In a corporate filing...

US Government To Return $23m Abacha Loot

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Nigeria and the United States government have reached an agreement on the return of over $23 million of the Abacha loot. Nigeria and the United...

Buhari Approves Fuel Subsidy Removal For June 2023

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The Minister of Finance, Zainab Ahmed, has disclosed that President Muhammadu Buhari has set June 2023 as the date for the removal of fuel...

CBN Asks Banks To Pay Higher Interest On Savings

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The Central Bank of Nigeria has raised the minimum interest rate on Naira savings deposits from 0.15 percent to 4.2 per cent. The new directive...

“Buhari regime used N18.9 billion to clear bush”, says House of...

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Nigeria’s agriculture ministry spent N18.9 billion on bush clearing during the COVID-19 lockdown, heard the House of Representatives in a probe hearing of the...