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Elizabeth Williams

Business

Food, Fuels Lift U.S Import Prices In September

U.S. import prices rebounded in September, lifted by higher food and energy costs, but underlying imported inflation showed signs of moderating. Import prices rose 0.4%...

Elizabeth Williams -

Business

Controversial Greenpeace Probe Links British Dairy Farms Soya Supply Chain To “Environmental Devastation”

Well known supermarket brands and dairy producers such as Cathedral City Cheddar, Cadbury chocolate, Anchor butter, Country Life butter and Davidstow Cheddar, have been...

Elizabeth Williams -

Business

Petroleum Industry Act Adjustments Raise 2022 Budget To N16.4trn

Nigeria’s President Muhammadu Buhari has raised the 2022 appropriation bill by N2.47 trillion, bringing the total budget for the fiscal year to N16.45 trillion....

Elizabeth Williams -

Business

Electricity Sector: EU Announces Extension of €48 Million Intervention in Nigeria

The European Union (EU) in collaboration with Germany's Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) announced the extension of its €48 million investment in the...

Elizabeth Williams -

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Rivers Polytechnic Lecturer Appeals To Governor Over Withheld Salaries

Zoe Solomon Tamunotonye, a lecturer at Captain Elechi Amadi Polytechnic, has publicly appealed to His Excellency, Sir Siminalayi Fubara, Executive Governor of Rivers State, over the continued withholding of his salaries and alleged inhuman treatment by the institution. In an open letter addressed to the Governor, who is...

FG, States, LGs Receive ₦1.928trn From FAAC Allocation

The Federal Government, states and local government councils have shared a total of ₦1.928 trillion as Federation Account revenue for November 2025. The Federation Account Allocation Committee (FAAC) disclosed this in a statement after its December 2025 meeting held in Abuja. The ₦1.928 trillion shared comprised ₦1.403 trillion in...

CBN Withdraws Operating Licences Of Two Mortgage Banks

The Central Bank of Nigeria (CBN) has withdrawn the operating licences of two mortgage banks. The apex bank explained that the move is part of renewed efforts to clean up the mortgage sub-sector and ensure strict adherence to banking laws and regulatory standards. The two banks affected are Aso...