Search
HomeNews

News

Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD debt. From N40 billion in 2020 to more than N250 billion. However, if banks were to reject the service, telcos may suspend USSD services. The Nigerian telecoms operators are demanding that...
News

Brent Crude On Brink Of $80, Fuel Prices Could Rise

Nigerian fuel prices rise as Brent crude hits $79.76.

Keep exploring

News

DSS Warns Against August 1 Protest, Identifies Sponsors

The DSS warns against the planned August 1 protest, citing potential for violence and identifying its sponsors. The agency urges peaceful engagement instead.
Business

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.
News

Government Urges Patience Amid Protests, Pledges to Address Economic Issues

The Nigerian government appeals for patience and dialogue as nationwide protests loom, pledging to address the economic issues causing public discontent.
News

Dangote Refinery Set to Disrupt 90 European Refineries

The Dangote Refinery, with its capacity to produce 650,000 barrels per day, threatens to disrupt 90 European refineries and shift global oil market dynamics
News

FG Pleads for Patience Amid Nationwide Protest Plans

The Federal Government appeals for patience and postponement of the planned nationwide protest, citing ongoing efforts to address economic hardships.
Business

Dangote-NNPC Dispute Hurts Nigeria’s Global Image, Adesina Warns

Adesina warns the Dangote-NNPC dispute harms Nigeria's global image and investment climate, stressing the importance of supporting local industries for economic growth.
News

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.
News

Nigeria’s Cocoa Plants Struggle, Operating at Just 8% Capacity

Nigeria's cocoa processing plants struggle with infrastructure and financial challenges, operating at just 8% capacity. Efforts to revitalize the sector are underway.
News

Tinubu Pleads with Youths to Shelve Planned Protest

President Bola Tinubu urges Nigerian youths to reconsider their planned protest over the high cost of living, assuring them that their grievances are being addressed by the government.
News

Nigeria’s Power Crisis: Deep-Rooted Problems Persist Amid System Failures

Nigeria’s electricity crisis continues due to outdated equipment, gas shortages, and poor management, with no immediate solutions in sight.
News

Dangote Proposes Buyout to NNPC to Address Industry Concerns

Aliko Dangote proposes selling his refinery to NNPC to address monopoly claims and quality concerns in Nigeria’s fuel market.
News

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
Load more

Latest articles

Business

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...
News

Brent Crude On Brink Of $80, Fuel Prices Could Rise

Nigerian fuel prices rise as Brent crude hits $79.76.
News

Tax Reform Bills Move Forward in the Senate

Key challenges resolved, Senate set to pass tax reform bills.
News

How Nigerian Celebrities Are Advocating for Mental Health Awareness

Nigerian celebrities are advocating for mental health awareness, breaking stigmas through personal stories, collaborations, and impactful entertainment.

The Nigerian Inquirer asks the questions that matter to the people, probing into stories that others might overlook.

© 2023 The Nigerian Inquirer. All Rights Reserved.