In Dialogue with Economic Summit Group, Tinubu Says Nothing Wrong with Endless Budget Deficits
“All governments, especially in this era of fiat currency, run on budget deficits. This is an inherent part of modern governance.”
NNPC Set for Drilling of First Oil Well in Nasarawa State
The announcement comes two months after the inauguration of the Kolmani oil well which straddles Gombe and Bauchi states.
Tesla Slashes Vehicle Prices Up To 20% in US, Europe
It’s no secret that demand for Tesla is starting to see some cracks in this global slowdown for 2023
CBN Intensifies Nationwide Awareness on Redesigned Naira
It is sensitising Onitsha traders, Kano grain marketers and others on security features of new notes.
Stocks Rise as US Inflation Falls
“We’re clearly moving in the right direction,” President Joe Biden told reporters.
US Annual Inflation Falls to Slowest Pace in Over a Year
American households struggled with decades-high inflation over the last year,
Without OPEC Quota Restriction, Nigeria will Hit 2.2m bpd Oil Production in 2023, Kyari Says
He said the NNPC’s relationship with the FG is strictly commercial.
NUPRC Announces Commencement of Deep Offshore Mini-bid Round
It pledged a transparent and competitive procurement process.
Nigeria Air Meant to Kill Nigerian Airlines, AON Alleges
They said this is why they went to court to stop the planned national carrier.
CBN Threatens to Sanction Banks over Failure to Load ATMs with New Naira Notes
It Insists there are enough new N200, N500 and N1,000 notes to go round.
Nigeria VP Osinbajo Wants Businessmen To Invest More In Technology
“if the private sector runs businesses, it is far better because it will bring greater dividends.”
Irukera: FCCPC to Strengthen Regulations This Year in Collaboration with SON, NAFDAC
He said the power sector, fast moving consumer goods and the activities of digital lenders will come under more scrutiny
EU Tells TikTok Chief to Respect Data Privacy Laws
TikTok, whose parent company ByteDance is Chinese, has come under fierce Western scrutiny in recent months
Nigeria Says Port Harcourt Refinery to Commence Partial Operation Before End of Q1
Sylva reiterated his often-held view that petroleum prices should be market-driven since subsidy is no longer sustainable.
US Agency Fines Ex-McDonald’s CEO For Defrauding Investors
Easterbrook agreed to a $400,000 fine, without admitting or denying the claims against him
Banks Only Authorised to Dispense New Banknotes via ATMs, CBN Clarifies
It says there is no going back on the January 31 deadline to phase out old N200, N500, N1,000.
Lack of Investment In Downstream Oil Sector, Cause Of Endless Fuel Scarcity Nationwide, Says Pinnacle Oil CEO
The recurring fuel scarcity has led to buck-passing between the regulatory agencies and petroleum marketers.
Banks Have Enough New Naira Notes to Meet Demand, CBN Insists
It clarified that banks are not banned from paying new notes over the counter.
New Naira Notes are of International Quality, Security Printing Firm Assures Nigerians
“It is important to note that new banknotes are generally light when issued, then become heavier in circulation on getting in contact with dirt and moisture.”
Nigeria: Cash Withdrawals from Public Accounts Will Be Treated as Money Laundering Offence from March
Payment of estacode, overseas allowances to civil, public servants in cash has also been outlawed.
