Business

CBN Prohibits the Use of Foreign Currencies as Collateral for Naira Loans

The Central Bank of Nigeria (CBN) has issued a directive to all banks operating in the country, instructing them to discontinue the practice of...

Lawmakers Condemn Inhumane Electricity Tariff Hike, Urge Government Intervention

The Minority Caucus of the House of Representatives has strongly criticized the recent increase in electricity tariffs across Nigeria, labeling it as inhuman and...

Premium Pension Achieves Impressive Revenue of N1.134tn in 2023

Premium Pension Limited, a leading Pension Fund Administrator (PFA) in Nigeria, reported substantial growth in its total assets during 2023, reaching an impressive N1.134tn...

FG Plans Pilot Scheme for Student Loans in Public Institutions

The Nigerian Education Loan Fund (NELF) is set to launch a pilot phase of the student loan program, focusing on applicants from public tertiary...

Manufacturers and Labor Oppose Government’s Tariff Hike on Electricity, Push for Subsidy

Manufacturers and labor unions have expressed strong opposition to the recent 240% tariff increase imposed by the Federal Government on electricity users receiving 20-hour...

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