Samuel Nwite
AUTHOR: Samuel Nwite
Nigerian to Clamp Down on Market Associations Over High Food Prices
The Federal Government of Nigeria has announced the decision to clamp down on members of market associations responsible for the high cost of food...
Nigerian Government Orders Review of ‘N8,000 Cash Transfer to Poor Nigerians’ Plan
President Bola Tinubu has ordered the review of his plan to disburse N500 billion by N8,000 each to 12 million Nigerian households as palliative...
Petrol Pump Price Rises to N650 Per Litre in Nigeria
The cost of Premium Motor Spirit (PMS) has risen as much as N650 in some parts of Nigeria, following a jump in the price...
Lagos Leads As Nigeria’s Headline Inflation Hits 22.79% in June 2023
The National Bureau of Statistics (NBS) has reported that Nigeria's headline inflation rate rose to 22.79% in June 2023. This represents a 0.38% increase...
Wema Bank Lifts Restriction on Naira Mastercard Int’l Transactions, Allows $500 Monthly
Wema Bank has lifted the suspension of international transactions on its naira cards, following the floatation of the Nigerian forex market.
The bank, in a...