Tag: naira

The crackdown on spraying of money is a waste of time

Let’s break down why  What “Spraying Money” Actually Is • It’s a cultural performance: guests throw money (typically naira notes) in celebration, often during weddings or parties. • The money…

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Top 5 Stories Of The Day | Dangote Refinery Cuts Petrol Price to ₦825/Litre

Top 5 Stories Of The Day | Dangote Refinery Cuts Petrol Price to ₦825/Litre

Dangote Refinery cuts petrol price to ₦825/litre UK releases white paper detailing immigration changes FG to launch pilot power sector reform with two DisCos JAMB to review 2025 UTME results…

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Top 5 Stories Of The Day | NLC Threaten Nationwide Protest Due to Hike in Electricity Tariffs

NLC threaten nationwide protest due to hike in electricity tariffs EFCC officers allegedly storms school, forces out pupils The naira trades below ₦1,500/$ in the parallel market Peter Obi claims…

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Top 5 Stories Of The Day | US Ambassador Says There Is No Evidence That USAID Funded Boko Haram

Top 5 Stories Of The Day | US Ambassador Says There Is No Evidence That USAID Funded Boko Haram

US Ambassador says there is no evidence that USAID funded Boko Haram Tinubu green lights establishment of federal universities in Osun and Ekiti Senator Natasha Akpoti-Uduaghan speaks out against Senate…

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Top 5 Stories Of The Day| Discos Threaten to Strike Over Alleged Unlawful Military Attacks on its Electricity Workers

Top 5 Stories Of The Day | FG Alerts Nigerians Ahead of Electricity Tariff Hike

FG alerts Nigerians ahead of electricity tariff hike NCDC tightens security around airport as Uganda suffers Ebola outbreak Marketers fear losses as news of Dangote Refinery slashes price Naira appreciates…

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Top 5 Stories Of The Day | JAMB Sets 320 as Minimum Pass Mark for Under-16 University Candidates

Top 5 Stories Of The Day | JAMB Launches Mock Examinations for Underage Students

JAMB launches mock examinations for underage students Peter Obi reveals there are more fraudsters in the government than outside Oil marketers likely to abandon Dangote for foreign petrol as it…

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Top 5 Stories Of The Day | Telecoms Receive Approval to Raise Hike to 50% for the First Time in 12 years

Top 5 Stories Of The Day | Telecoms Expect NCC’s Approval as it Suggests a 100% Tariff Hike

Telecoms expect NCC’s approval as it suggests a 100% tariff hike ASUU opposes the FG’s removal of education tax FG reveals that tax reform will improve workers’ welfare Rhodes-Vivour expresses…

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Top 5 Stories Of The Day | INEC to Scrap PVCs as it Plans to Accommodate Diaspora Voting

Top 5 Stories Of The Day | INEC to Scrap PVCs as it Plans to Accommodate Diaspora Voting

INEC to scrap PVCs as it plans to accommodate Diaspora voting Tinubu is set to present the 2025 budget to the National Assembly on December 17 FG threatens contempt suit…

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Top 5 Stories Of The Day | South African President Criticised for Announcing Nigerian Visa Deal

Top 5 Stories Of The Day | South African President Criticised for Announcing Nigerian Visa Deal

South African President criticised for announcing Nigerian visa deal The naira appreciates to ₦1,515/$ in parallel market Air Peace sends a message to FCCPC amidst exploitative allegations US court sentences…

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Top 5 Stories Of The Day | Petrol Prices Near ₦1,000/Litre Nationwide Amid Global Tensions

Top 5 Stories of The Day | Tax Reform Bill Proposes 55% VAT Revenue for States

Tax Reform Bill proposes 55% VAT revenue for states NERC reveals it would have spent ₦2.4 trillion on electricity subsidies by the end of 2024 NPC announces population census may…

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Top 5 Stories Of The Day | FG Pledges to Build 77,400 Homes for Less Privileged Nigerians

Top 5 Stories Of The Day | FG Pledges to Build 77,400 Homes for Less Privileged Nigerians

FG pledges to build 77,400 homes for less privileged Nigerians Tinubu reshuffles his media team, rejects the role of an individual spokesperson UK government reveals British investors are worried about…

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Top 5 Stories Of The Day | CIA Affirms President Tinubu is an Active Asset

Top 5 Stories Of The Day | CIA Affirms President Tinubu is an Active Asset

CIA affirms President Tinubu is an active asset CBN claims 28 million Nigerians have no access to banking Nigeria and Saudi Arabia set eyes on improving Nigeria’s energy and agriculture…

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Top 5 Stories Of The Day | NBS Report that Every Nigerian Owes ₦620k

Top 5 Stories Of The Day | NBS Report that Every Nigerian Owes ₦620k

NBS report that every Nigerian owes ₦620k Dangote and IPMAN come to an agreement on petrol lifting DisCo at risk of being sanctioned by FG agencies for charging metre change…

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Top 5 Stories Of The Day | Naira Falls to ₦1700/$ in the Black Market

Top 5 Stories Of The Day | Naira Falls to ₦1700/$ in the Black Market

Naira falls to ₦1700/$ in the black market New petrol price raises inflation to 32.70% FG announces cash transfer to 20 million Nigerians World Bank lists Naira among list of…

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Top 5 Stories Of The Day | CBN Retains Interest Rate at 27.5%

Top 5 Stories Of The Day | Tinubu Claims Not He Is Not After Nigerians’ Money

Tinubu claims not he's not after Nigerians' money Naira ranked amongst the ten worst-performing currencies worldwide Police apprehend armed political thugs ahead of Edo State Gubernatorial election Minister of State…

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World Bank and AfDB Set to Invest $7.5 Billion in Nigeria’s Power Sector

Top 5 Stories Of The Day | World Bank and AfDB Set to Invest $7.5 Billion in Nigeria’s Power Sector

World Bank and AfDB set to invest $7.5 billion in Nigeria’s power sector NLC offers advice to agents planning to stifle protests against hunger Minister of Aviation sets eyes upon…

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Cholera outbreak

Top 5 Stories Of The Day | Cholera Outbreak: Nigeria Runs Out of Supply of Vaccines as Death Toll Increases

Cholera Outbreak: Nigeria runs out of supply of vaccines as death toll increases FG set to purchase new aircraft, lists three for sale NASU and SSANU threaten strike as they…

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Tems

Top 5 Stories Of The Day | Tems Reveals She Received an Email from Beyoncé Before ‘Essence’ was Released

Tems reveals she received an email from Beyoncé before ‘Essence’ was released Kano Gov’t and High Court at opposite ends over Sanusi's and Bayero India fines Binance $2.2 million in…

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UNICEF Urges FG to Eradicate Cholera Before Schools Resume

Top 5 Stories Of The Day | UNICEF Urges FG to Eradicate Cholera Before Schools Resume

UNICEF urges FG to eradicate cholera before schools resume Peter Obi queries FG over the acquisition of presidential jets MTN collaborates with NDLEA UNODC to fight substance abuse among youths…

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#EndBadGovernance Protest: Tinubu Addresses Protesters, Reads Leaked Speech and Lists Achievements

Top 5 Stories Of The Day | Pres. Tinubu Likely to Suspend Import Duties on Food

Pres. Tinubu likely to suspend import duties on food US lawmakers seek the release of captured Binance executives Kaduna Assembly accuses El-Rufai and commissioners of squandering ₦423b Tripartite Committee adjourns…

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Top 5 Stories Of The Day | UBA Named West Africa’s Best Bank

UBA named West Africa’s best bank Tinubu extends free train rides in Abuja Metro for six months Naira rises in the parallel market and depreciates at the official window FG…

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Top 5 Stories Of The Day | Court Supports CBN’s Order for Banks to Request for Nigerians’ Social Media Handles

Court supports CBN's order for banks to request for Nigerians' social media handles ASUU threatens ‘No Pay, No Work’ after two weeks FG debunks rumours claiming it has access to…

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NLC

Top 5 Stories Of The Day | Organised Labour Begins Strike Over Electricity Tariff Hike

Organised Labour begins strike over electricity tariff hike International Monetary Fund urges FG to halt electricity subsidy Abuja tenants lament as landlords increase rent fees Presidency alleges President Bola Tinubu…

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Top 5 Stories Of The Day | Fubara Allegedly Plots to Demolish Rivers State’s House of Assembly

Fubara allegedly plots to demolish Rivers State's House of Assembly American fintech companies launch credit cards in Nigeria to provide dollars for SMEs Kaduna State welcomes Prince Harry and Meghan…

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Top 5 Stories Of The Day | Trade Union Congress Threatens to Shut Down the Economy Against Cybersecurity Levy

Trade Union Congress (TUC) threatens to shut down the economy against Cybersecurity Levy FG responds to Binance accusations, says blackmails won't save it Microsoft shuts down office in Nigeria, sacks…

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CBN

Top 5 Stories Of The Day | Central Bank of Nigeria Orders Banks to Extract a 0.5% Cybersecurity Levy on All Transactions

Central Bank of Nigeria orders banks to extract a 0.5% cybersecurity levy on all transactions NERC orders DisCos to reduce Band A tariff price Naira depreciates in black market but…

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Top 5 Stories Of The Day | FG Announces Wednesday as Public Holiday for Workers’ Day

FG announces Wednesday as public holiday for Workers' Day Naira appreciates at official market, declines at black market Nigerian passport ranked among the worst worldwide NLC, others complain about fuel…

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Fuel

Top 5 Stories Of The Day | Nigerians Lament As Fuel Scarcity Persists, Sells For Over ₦1,000/litre

Nigerians lament as fuel scarcity persists, sells for over ₦1,000/litre Tinubu gives reason for fuel subsidy removal FCCPC probes MultiChoice for its recent hike in subscription fees Naira gains against…

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Top 5 Stories Of The Day | Naira Depreciates in Official and Parallel Market

Naira depreciates in official and parallel market Dangote Cement launches new retail prices Abuja American school refunds alleged stolen $760K to EFCC as Court calls EFCC Chairman Tanzania shuts power…

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Gas station

Demand for Gas Reduces as Prices Skyrocket to ₦12k/12.5kg | 5 Things That Should Matter Today

Naira gains against the US dollar in official and unofficial market IPMAN announces potential price drop in petroleum as supply increases More Nigerian Airlines acquire licence to fly from Lagos…

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