October 16, 2024

Economy

Electricity Tariffs May Rise as Subsidy Soars to ₦181.63 Billion

Electricity consumers on Band A feeders may soon face another tariff hike due to a surge in Nigeria’s electricity...

Tinubu Delegates Vice President Shettima to Represent Nigeria at UN General Assembly 2024

President Bola Tinubu will not attend the 79th session of the United Nations General Assembly (UNGA) in New York...

President Tinubu Returns to Abuja After Signing Key MoUs in China and Meeting with UK’s King Charles III

President Bola Tinubu has returned to Abuja following his official visit to China and a brief stay in the...

BREAKING: NNPC to Sell Dangote Petrol at N1,019/Litre in Borno, N950 in Lagos

The Nigerian National Petroleum Company Limited (NNPC) has announced that petrol sourced from the Dangote Refinery will be sold...

Severe Flooding in Nigeria Sparks Humanitarian Crisis, Displaces Hundreds of Thousands

Nigeria is facing a significant humanitarian crisis as massive floods ravage communities and farmlands across the country. At least...

Borno State Flooding Leaves 37 Dead, Displaces Over 414,000 Residents, and Worsens Humanitarian Crisis

A catastrophic flood in Maiduguri, Borno State, has left 37 people dead and displaced over 414,000 residents, making it...

Nigeria’s External Reserves Rise to $35.05 Billion, Highest Since May 2023

Nigeria’s external reserves reached $35.05 billion on July 8, marking the highest level since May 30, 2023, according to...

What Lies Ahead for Nigeria’s #EndSARS Movement as the World Moves On?

This week, Nigerian cities saw a resurgence of protests as activists launched the second phase of the #EndSARS movement....

Nigeria plans to reduce healthcare spending by 40% despite a surge in COVID-19 cases.

The Nigerian government’s plan to reduce healthcare spending by over 40% has raised alarms among health and transparency advocates,...