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Day: June 4, 2023

Dollar Continues to Suppress Naira despite Promised Unified Exchange Rate
Business News

Dollar Continues to Suppress Naira despite Promised Unified Exchange Rate

Web AdminJune 4, 2023June 4, 2023
President Bola Tinubu's pledge for a unified exchange rate system has yet to materialize as the Naira continues to face suppression in the parallel market. Since the announcement on May...
NLC Announces Position on Fuel Subsidy Removal in Recent Development
Other News

NLC Announces Position on Fuel Subsidy Removal in Recent Development

Web AdminJune 4, 2023June 4, 2023
"A new policy unveiled by President Bola Ahmed Tinubu to remove fuel subsidies has set off alarm bells, with fears of an impending crisis. Adding to the tension, the Nigeria...
Expert Warns of Potential 30% Inflation in June as Subsidy is Removed
Business News

Expert Warns of Potential 30% Inflation in June as Subsidy is Removed

Web AdminJune 4, 2023June 4, 2023
The partner and chief economist at KPMG Nigeria, Yemi Kale, has stated that the recent increase in the prices of premium motor spirit (PMS), commonly known as petrol, could potentially...
NCC Completes Framework for MVNOs, Boosts Mobile Coverage in Nigeria
Business News

NCC Completes Framework for MVNOs, Boosts Mobile Coverage in Nigeria

Web AdminJune 4, 2023June 4, 2023
The Nigerian Communications Commission (NCC) has announced the completion of the framework for Mobile Virtual Network Operators (MVNOs) as it strives to enhance service delivery in Nigeria's telecommunications industry. This...
NCC emphasizes commitment to achieving 90% broadband penetration by 2025
Business News

NCC emphasizes commitment to achieving 90% broadband penetration by 2025

Web AdminJune 4, 2023June 4, 2023
In accordance with the Nigeria National Broadband Plan (NNBP 2020-2025), the Nigerian Communications Commission (NCC) is actively striving to provide industry leadership and facilitate the accomplishment of 90% broadband penetration...

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Glo Applauded for Championing Cultural Heritage at 2025 Ojude Oba Festival

IMF Urges Nigeria to Reassess 2025 Budget Amid Mounting Economic Risks

Red Tape Threatens Growth in Nigeria’s Oil Industry, Says Neconde Energy

What Would Jumia Gain from Proposed Acquisition by Axion Telecom

Economic Momentum Builds as Nigeria Records 3.7% Growth in First Half of 2025

Lack of Regulatory Reform Deepens Monopoly Fears in Nigeria’s Oil Sector

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