The Federal Government has approved the disbursement of N5billion to states, local government councils, and the FCT to cushion the effects of the subsidy removal on petrol.

The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country.

The Nigeria Labour Congress (NLC) has threatened to embark on a nationwide strike without any formal notice if there is a further increase in the pump price of fuel.

The Naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window.

The Nigeria Labour Congress (NLC), has expressed worry over Federal Government’s promises to dispense wage award to workers since the removal of petrol subsidy in the country.

The Corporate Affairs Commission (CAC) says it will strike off one hundred thousand companies that have failed to file annual returns in the last ten years.

LASACO Assurance Plc has declared N13.9 billion as a dividend for the year 2022 for its shareholders with the aim to diversify in the subsequent years for more profit.

The Central Bank of Nigeria (CBN) on Wednesday said that its e-Naira policy was designed to complement the existing physical Naira and to provide a more efficient, secured, and accessible means of payment.

The Naira on Wednesday depreciated against the dollar, exchanging at N793.70 at the Investors and Exporters window.

Gazprom, Russia’s energy company, has expressed readiness to partner African countries on gas infrastructure and technology.