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Economy
BREAKING:Reject old naira notes from banks, CBN tells customers
Customers have been advised by the Central Bank of Nigeria (CBN) to begin rejecting old naira notes from banks.
Customers were also reminded by the apex bank that the old notes were no longer legal tender on January 31 and that there…
BREAKING:To stabilize the naira, the CBN adds $15.3 billion.
From January to October of 2022, the Central Bank of Nigeria injected $15.3 billion into the economy to maintain the naira's value.
The banking regulator's monthly and quarterly economic reports on the foreign exchange market provided…
BREAKING:Importation drops by 40%, as merchants leave Nigerian ports for neighbouring countries
Partners who talked with Everyday Sun yesterday, said that unremitting expansions in Customs obligation, falling of naira conversion scale and government strategy somersault added to the decrease in importation into the country.
The…
Emefiele not a terrorist, Maharaj Ji tells DSS
Pioneer behind One Love Family, Satguru Maharaj Ji, yesterday, blamed the Division of State Administrations, DSS, for asserting that the Legislative leader of National Bank of Nigeria, CBN, Mr. Godwin Emefiele, was associated with…
Tinubu demands the elimination of subsidies, and marketers plan to charge N148 per liter.
The Nigerian National Petroleum Company Limited intends to enter into a contract with independent oil marketers to guarantee a N148/liter ex-depot price for gasoline.
The Independent Petroleum Marketers Association of Nigeria's National…
BREAKING:FG’s VAT, CIT revenue rise 25% to N3.5trn
Value Added Tax (VAT) and Company Income Tax (CIT) revenue for the Federal Government increased by 25% year-over-year to N3.47 trillion in the first nine months of the year (9m’22), up from N2.77 billion in the same period last year…
Crude oil refining in PH refinery ‘ll reduce pump price – NOGASA
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) claims that the Port Harcourt Refinery Company's supply of crude oil for refining will lower pump prices.
Mr. Benneth Korie, the association's National President, told…
BREAKING:NPC recruitment portal for adhoc staff closes Dec 28 – Commissioner
The e-recruitment portal for ad hoc staff for the 2023 Population and Housing Census, according to the National Population Commission (NPC), will close on December 28.
This was stated by Mr. Chidi Ezeoke, the Federal Commissioner who…
NAFDAC raids Kaduna market, seizes unregistered, expired tomato paste worth over N2m
On Thursday, the Sheik Gumi Market in Kaduna was the target of a raid by the National Agency for Food and Drug Administration and Control (NAFDAC), which resulted in the seizure of expired and unregistered tomato paste worth more than N2…
BREAKING:Senate takes steps to slice financial plans of MDAs disregarding summons
For failing to honor summonses, according to Senate President Ahmad Lawan, the upper legislative chamber will cut some ministries, departments, and agencies (MDAs)' 2023 budgets.
After Matthew Urhoghide, chairman of the public accounts…