I will address obstacles against steady electricity power supply Tinubu reassures 5 min read Business I will address obstacles against steady electricity power supply Tinubu reassures Spynewsmedia August 4, 2023 By Praise Agbro, Lagos President Bola Ahmed Tinubu, on Friday, declared that despite the nation’s...Read More
Diaspora direct remittances to Nigeria drop by 21 per cent 1 min read Business Diaspora direct remittances to Nigeria drop by 21 per cent Spynewsmedia July 13, 2023 Agency report The remittances by Nigerians abroad to their relatives, associates and concerns dropped by 21...Read More
Tinubu reverses Buhari’s fiscal policies unfriendly to business 2 min read Business Tinubu reverses Buhari’s fiscal policies unfriendly to business Spynewsmedia July 6, 2023 * Suspends 5% Excise Tax on telecommunications, Green Tax and Import Tax adjustment * Assures there...Read More
Nigeria’s external reserve falls by $2.8billion 4 min read Business Nigeria’s external reserve falls by $2.8billion Spynewsmedia July 3, 2023 * Lack of FDI, low crude oil output, fragmented forex fingered By Agency report Nigeria’s external...Read More
Nigeria Stock Exchange records highest index point in 15 yrs 4 min read Business Nigeria Stock Exchange records highest index point in 15 yrs Spynewsmedia June 30, 2023 * Emergence of Tinubu, others attributed By Ike Megbu, Lagos The Nigerian Stock Exchange (NGX) All-Share...Read More
FX traders at investor/exporter window raise concerns about intra-day lows and intra-night highs 1 min read Business FX traders at investor/exporter window raise concerns about intra-day lows and intra-night highs Spynewsmedia June 30, 2023 * Say disparity is suspicious By Jon Egie Foreign exchange traders at the official investor and...Read More
FG saves N400billion from fuel subsidy removal in 30 days 2 min read Business Oil and Gas FG saves N400billion from fuel subsidy removal in 30 days Spynewsmedia June 30, 2023 By Jon Egie * Forex will determine PMS pump price * Pump price expected to fall...Read More
Nigeria’s Public Debt hits N49 trn says DMO 2 min read Business Nigeria’s Public Debt hits N49 trn says DMO Spynewsmedia June 26, 2023 * Excludes FG’s N22.7 trn Ways and Means advances by CBN By agency report The Debt...Read More
Naira float: Why foreign investors want higher interest rate on Nigerian treasury bills 3 min read Business Naira float: Why foreign investors want higher interest rate on Nigerian treasury bills Spynewsmedia June 24, 2023 By agency report Despite the recent managed float of the Naira which has seen the Naira...Read More
FG okays re-opening of Seme border for vehicle importation says Official 1 min read Business FG okays re-opening of Seme border for vehicle importation says Official Spynewsmedia June 22, 2023 By Ike Megbu, Lagos The federal government has okayed the re-opening of Seme border for ease...Read More