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Court reverses Buhari’s sack of Ararume as NNPCL Chairman, awards N5B against the President, NNPC

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By Yemi Oyeyemi, Abuja. A Federal High Court in Abuja on Tuesday restored Senator Ifeanyi Godwin Ararume as non-executive Chairman of the Nigeria National Petroleum...
Business

Up goes Nigeria’s inflation, rises 0.13% to 22.04% in March

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Nigerians are, perhaps, in the toughest time of their existence with a 0.13% rise in inflation in the month of March with the annual...
Business

Life gets tougher, but up, up, goes Nigeria’s debt stock reaching N46.25 trillion

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Life is getting tougher in Nigeria, according to stays from the National Bureau of Statistics, but the country continues to wallow in debt with...
Business

Air Peace to fly into India, Israel, Saudi Arabia

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Effective March 31st, Nigeria’s Air Peace will commence direct flights to India, while operation to Israel is scheduled for April 20th. Also, plans are in...
Business

Stakeholders fear petrol may sell at N750 per litre

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Stakeholders in Nigeria’s midstream and downstream petroleum sectors have warned that subsidy removal may push the price of premium motor spirit (PMS) popularly called...
Business

Hurray…or maybe… as CBN empties vaults, orders banks to work on Saturdays and Sundays to meet cash needs

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This weekend may see an end to the cash needs of lamenting Nigerians as the Central Bank of Nigeria (CBN) claims it has emptied...
Business

Save our souls from outrageous electricity bills from AEDC, NUJ cries to Gov. Yahaya Bello

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The Nigerians Union of Journalists (NUJ) Kogi State Council has observed the unbridled attitude of the Abuja Electricity and Distribution Company (AEDC) in doling...
Business

At last, CBN obeys Supreme Court order, directs banks to receive old N200, N500, N1000 notes

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As first disclosed by former Central Bank of Nigeria (CBN) governor and sitting Governor of Anambra State, Prof Charles Soludo , the CBN has...
Business

German trade union Verdi calls for strikes at airports on Monday

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Air travellers in Germany must once again prepare for considerable delays and cancellations on Monday Trade union Verdi called on security staff to go on...
Business

Where some Abuja banks got money to pay customers

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Banks in Abuja appear to have started to pay residents of the Federal Capital Territory, Abuja in the old Naira notes, Everyday.ng has gathered. A...
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