Nigeria Newspapers Online
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Tag: Dailytrust
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IMF denies asking Tinubu to remove fuel subsidy
Categories: BusinessContinue Reading: IMF denies asking Tinubu to remove fuel subsidyThe International Monetary Fund (IMF) has denied being behind the removal of fuel subsidy in Nigeria. Speaking on Friday at a press briefing on the sidelines of the IMF and…
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Amid disruptions, First Bank joins system migration, fixes date
Categories: BusinessContinue Reading: Amid disruptions, First Bank joins system migration, fixes dateAmid a wide range of disruptions which recently rocked major deposit money banks (DMBs) in Nigeria, First Bank has fixed a date for its transition to a new cloud-based procurement…
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External reserve hits $40bn as Nigeria target $1bn monthly inflow
Categories: BusinessContinue Reading: External reserve hits $40bn as Nigeria target $1bn monthly inflowThe Central Bank of Nigeria (CBN) has disclosed that the external reserve has hit $40.2 as at the end of last week. The CBN Deputy Governor, Economic Policy, Muhammad Sani…
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Man assaulted for attempting to swap woman’s ATM card
Categories: BusinessContinue Reading: Man assaulted for attempting to swap woman’s ATM cardA mob descended on a man, identified as Kenneth Moses, for allegedly attempting to swap a woman’s ATM card at a bank in Gwagwalada Area Council of the FCT. A…
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Mixed feelings over directive to foreign airlines to patronise local caterers
Categories: BusinessContinue Reading: Mixed feelings over directive to foreign airlines to patronise local caterersNigerian firms lose out of $17.8bn market There are mixed feelings in the aviation industry over a recent directive by the Minister of Aviation and Aerospace Development, Festus Keyamo,…
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FG targets 15% reduction in cost of courier services
Categories: BusinessContinue Reading: FG targets 15% reduction in cost of courier servicesThe federal government has said it is anticipating a 15 per cent cut in the cost of courier services within Nigeria, the PostMaster General of the Nigerian Postal Service (NiPOST),…
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Why we need ‘speed breeding technology’ on wheat
Categories: AgricultureContinue Reading: Why we need ‘speed breeding technology’ on wheatProfessor Baba Gana Jugudum Kabir is the Executive Director of the Lake Chad Research Institute, Maiduguri, Borno State, charged with the mandate for genetic improvement of wheat. In this interview,…
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Jumia exits South Africa, Tunisia, faces Nigeria, others
Categories: BusinessContinue Reading: Jumia exits South Africa, Tunisia, faces Nigeria, othersAfrica-focused e-commerce retailer, Jumia Technologies, will shut down its South African online fashion retailer, Zando and its Tunisian operations by the end of the year. CEO Francis Dufay revealed that…
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World Bank lists Naira among Africa’s worst performing currencies
Categories: BusinessContinue Reading: World Bank lists Naira among Africa’s worst performing currenciesThe Nigerian Naira is among the worst-performing currencies in sub-Sahara Africa in 2024. This is according to the World Bank in its latest edition of Africa’s Pulse report. It showed…
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Petrol price hikes push inflation to 32.7% in Sept
Categories: BusinessContinue Reading: Petrol price hikes push inflation to 32.7% in Sept…FG needs to reverse current economic policy – Expert After two months of decline, Nigeria’s headline inflation reversed itself, aligning with analysts’ forecasts that inflation in September will rise…
