Category: Economy
Alleged organ harvesting: Ike Ekweremadu, Wife denied bail
June 24,2022 Two Nigerians, Ike Ekweremadu and his wife, Beatrice Nwanneka Ekweremadu have been formally charged with conspiracy to facilitate the travel of another person for organ harvesting Metropolitan Police
Read MoreBuhari urges UK, EU countries to invest in 4000 km Nigeria-Morocco gas pipeline
june 23,2022 Abuja, June 22, 2022 President Muhammadu Buhari has stressed the need for long term partnership between Nigeria and the UK as well as the European Union on green
Read MoreFG begins distribution, activation of debit cards for the poor in Oyo State
June 23,2022 Ibadan, June 22, 2022 The distribution and activation of debit cards to Conditional Cash Transfer Programme beneficiaries have started in Oyo State. The Federal Government’s programme targets at
Read MorePanic buy:Scarcity hits Lagos, Abuja, fuel sells N180/litre as NNPC cuts supplies
Fuel queues hit major cities of Lagos, Abuja and Ogun on Monday, forcing motorists to spend hours at filling stations. In Lagos and Ogun states, Springnewsng witnessed long queues at several filling
Read MoreNigeria’s power generation remains low at 2,400MW
monday, June 20,2022 Nigeria’s power generation remained low over the weekend with 15 plants producing just 2,497.40 megawatts as outages across the country persisted. According to figures released by the
Read MoreQueues: FG Raises Petroleum Transporters’ Rate Above N25/Km
June 17,2022 President Muhammadu Buhari has approved a rise in freight rate for petroleum transporters above the current N25 per kilometre, to enable transporters to get diesel in trucking petrol
Read MorePrice of Cooking Gas Increases to N760 per Kg
The National Bureau of Statistics (NBS), says the average price for refilling a 5kg gas cylinder of Liquefied Petroleum Gas (Cooking Gas) increased to N3,800.47 in April 2022. This is
Read MoreJUST IN: Nigeria’s inflation surges to 11-month high at 17.71% in May 2022
June 15,2022 Nigeria’s consumer price index (CPI), which measures inflation rose to its highest level in 11 months, from 16.82% recorded in April 2022 to 17.71% in May. Food inflation
Read MoreColleges of education lecturers begin strike
June 15,2022 The National Executive Council of the Colleges of Education Academic Staff Union (COEASU) has begun a one-month strike, with effect from Tuesday, June 14. The union disclosed this
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