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L-R: Aliko Dangote, Founder, Dangote Cement; Abdulsamad Rabiu, Chairman of BUA Cement and Mr. Adebode Adefioye, Chairman Lafarge Africa Plc The Minister of Housing and Urban Development, Ahmed Dangiwa, has warned cement manufacturers against taking undue advantage of the country’s current economic woes to increase the price of cement. The …

…Says 45 trucks of maize intercepted Sunday night Vice President Kashim Shettima on Tuesday revealed that the federal government has uncovered 32 routes used to smuggle food out of Nigeria. The revelation came as the government battles smugglers and hoarders to provide more food for Nigerians hit by high food prices. …

At the official market, the naira recorded a marginal gain closing at N1,551.24 as against the earlier N1,574.62, according to the Nigerian Autonomous Foreign Exchange Market (NAFEM). Nigeria’s economic situation continues to worsen as its legal tender, naira tumbled at the parallel market in spite of the clampdown the federal …

Merged Photos of Barrister Frank Tietie and Nigerians protesting the high cost of food(Credit: Premium Times) The Executive Director of Citizens Advocacy for Social Economic Rights (CASER), Barrister Frank Tietie, has said that the current food crisis in Nigeria is as a result of political leaders repeating mistakes that grounded the …

He alleged that his life was not safe whenever he had physical contact with Shittu, asking the police to investigate the matter. Prof. Adolphus Odogun Loto, Deputy Vice-Chancellor, Administration and Clinical Services of the University of Medical Sciences (UNIMED), Ondo City, Ondo State, has accused the Bursar of the institution, …

This was contained in a press statement issued by Bayo Onanuga, the Special Adviser to the President on Information & Strategy, explaining that the total electricity debt owed by the State House was N342,352,217.46 and Tinubu said it should be cleared after  the reconciliation of accounts between the State House …

The criticism of the judgment is anchored on the claim that Nigeria is a capitalist country. It is surprising that such critics are not aware that the leading capitalist countries in the world regularly subsidise energy and gas and regulate the prices of certain goods and services. Not a few …

Senate President Godswill Akpabio says some of the street protests against the rising cost of living in the country are sponsored. There have been pockets of protests in different parts of the country, with the latest on Monday in Ibadan, capital city of Oyo state. Residents had also taken to the streets …

President Bola Tinubu says his administration is making efforts to raise at least $10 billion to increase foreign exchange (FX) liquidity, stabilise the naira and grow the economy. Tinubu made this known at the inauguration of the public wealth management conference organised by the Ministry of Finance Incorporated (MOFI) on …

    President Bola Ahmed Tinubu has said the Federal Government will raise at least 10 billion dollars to increase foreign exchange liquidity to stabilise the Naira and grow the economy. The President said this at during the inauguration of the Public Wealth Management Conference organised by the Ministry of …