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Business & Economy

Business & Economy

Yuletide Sales Drive Nigeria’s Inflation To 34.8% In Dec 2024

January 15, 2025January 15, 2025 - by SAAMEDIA.INFO

Bolstered by sales synonymous with the festive season, Nigeria’s headline inflation rate jumped to 34.80% in December 2024 from 34.60% in November 2024, the National Bureau of Statistics said Wednesday. …

Yuletide Sales Drive Nigeria’s Inflation To 34.8% In Dec 2024 Read More
Business & Economy

CBN Fines Nine Banks ₦150m Each For ATM Cash Scarcity

January 15, 2025January 15, 2025 - by SAAMEDIA.INFO

In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available …

CBN Fines Nine Banks ₦150m Each For ATM Cash Scarcity Read More
Business & Economy

NCC Orders Telcos To Disconnect Nine Banks Over USSD Debt

January 15, 2025January 15, 2025 - by SAAMEDIA.INFO

Following a backlog of unpaid debts, the Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data codes assigned to nine financial institutions. The directive signed …

NCC Orders Telcos To Disconnect Nine Banks Over USSD Debt Read More
Business & Economy

Sustainable Development: Nigeria Ready For Global Collaboration, Says President Tinubu

January 15, 2025January 15, 2025 - by SAAMEDIA.INFO

President Tinubu spoke on the second day of the 2025 Abu Dhabi Sustainability Week on “From Climate Imperatives into Economic Prosperity: Bridging Africa with the Global Energy Future. ” The …

Sustainable Development: Nigeria Ready For Global Collaboration, Says President Tinubu Read More
Business & Economy

₦11.8bn Budget Insufficient For Livestock Ministry Take-Off, Says NASS

January 15, 2025January 15, 2025 - by SAAMEDIA.INFO

The National Assembly Joint Committee on Livestock Development has expressed concerns over the proposed ₦11.8 billion budget allocation for the newly established Federal Ministry of Livestock Development, deeming it inadequate …

₦11.8bn Budget Insufficient For Livestock Ministry Take-Off, Says NASS Read More
Business & Economy

N100bn Law Suit: Dangote Refinery Drags NNPCL, Others To Court Over Import Licences

October 21, 2024October 21, 2024 - by SAAMEDIA.INFO - Leave a Comment

Dangote Petroleum Refinery and Petrochemicals has filed a lawsuit at the Federal High Court in Abuja requesting the annulment of import licenses granted to the Nigerian National Petroleum Company Limited …

N100bn Law Suit: Dangote Refinery Drags NNPCL, Others To Court Over Import Licences Read More
Business & Economy

Edun Blames Economic Hardship On Free Printing Of Naira During Buhari’s Govt

March 7, 2024 - by SAAMEDIA.INFO - Leave a Comment

The Federal Government has disclosed that the free printing of naira notes for eight years, under the previous administration went into the hands of a privileged few, without corresponding productivity, …

Edun Blames Economic Hardship On Free Printing Of Naira During Buhari’s Govt Read More
Business & Economy

Japa: The Future Of Our Youths Not In Europe But In Nigeria – Adesina

March 7, 2024March 7, 2024 - by SAAMEDIA.INFO - Leave a Comment

African Development Bank (AfDB) chief Akinwumi Adesina says the future of the Nigerian youths does not lie in Europe, North America or anywhere else but in the West African country, …

Japa: The Future Of Our Youths Not In Europe But In Nigeria – Adesina Read More
Business & Economy

Tinubu Signs Executive Orders On Oil And Gas Reforms

March 7, 2024 - by SAAMEDIA.INFO - Leave a Comment

President Bola Tinubu has signed three execution orders to help improve the investment climate and position Nigeria as the preferred investment destination for the oil and gas sector in Africa. …

Tinubu Signs Executive Orders On Oil And Gas Reforms Read More
Business & Economy

Tinubu Congratulates Adesina For Winning Awolowo Leadership Prize

March 7, 2024 - by SAAMEDIA.INFO - Leave a Comment

President Bola Tinubu has congratulated the President of the African Development Bank (AfDB), Akinwumi Adesina, on the award of the prestigious Obafemi Awolowo Prize for Leadership. Adesina joined the pantheon …

Tinubu Congratulates Adesina For Winning Awolowo Leadership Prize Read More

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