Economics
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APC wants to use, dump Jonathan – Activist
Activist and Convener of Concerned Nigerians, Deji Adeyanju, has said that the All Progressives Congress is planning to use and…
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THE Federal Government has shut down Scorpion Oil Services for carrying out offshore operations without approval and also violating the provisions of the Factories (Diving at Work) Regulations, 2018. The company was also closed for non-compliance with the diving regulations. According to a statement on Monday by the Federal Ministry of Labour and Employment, the Director of Factories of the Federation, Lauretta Adogu and the Chief Inspector of Diving, Julius Ugwala, disclosed that a monitoring exercise was conducted, which was meant to ensure full compliance with Nigeria’s Factories (Diving at Work) Regulations,2018.
THE Federal Government has shut down Scorpion Oil Services for carrying out offshore operations without approval and also violating the…
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Prosperous Companies, Poor People; Does Capitalism Push Citizens into Poverty?
There are 4 major economic systems around the world through which the factors of production are owned, controlled and deployed.…
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Banks record N1.21tn non-performing loans
The total non-performing loans in the banking sector hit N1.21tn as of the end of February 2022, figures obtained from…
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Nigerians defy CBN’s ban, double Bitcoin transactions in May – Paxful
Paxful, a cryptocurrency trading platform, has reported a surge in weekly transactions on its Lightning Network. This is despite the…
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BREAKING: Again, bandits attack palace, kidnap Plateau monarch
Bandits numbering over 20, have again, reportedly kidnapped a traditional ruler in Plateau State, His Royal Highness, Aminu Derwan, after…
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Passengers stranded as fuel scarcity hits Lagos
Many passengers were stranded at various bus stops in Lagos State, Monday morning, as commercial vehicles were scarce on the…
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BREAKING: EFCC on secret operation at APC convention, source says
A top-ranking source within the Economic and Financial Crimes Commission has confirmed that the anti-graft agency is currently carrying out…
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E-payment: Nigerians’ spending on utility bills soars by 387%
The amount Nigerians spent on electronic bills such as power and other utilities grew by 387.19 per cent from N189.50bn…
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Dollar hits N600 at parallel market, forex supply shrinks
The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s…
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