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Economics at gazettengr.com

Today News

13

EFCC says N96 million returned to Enugu Ponzi scheme victims

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The Economic and Financial Crimes Commission says it has handed over N96.5 million to victims of Ponzi schemes in Enugu.

09

FBI accuses Forbes-celebrated Nigerian tech boss, Izunna Okonkwo, of $41 million bank fraud, money laundering

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The Nigerian entrepreneur, 30, is the latest suspected fraudster to face criminal charges in the United States.

Thursday, Dec 4

00

Dangote Group to become world’s largest fertiliser producer by 2028, says Aliko

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He said that the time had come for Africans to step into greatness and occupy their place in world business.

16

Appeal Court declares VIO illegal in Nigeria, awards N1 million to Abuja motorist

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The Abuja Division of the Court of Appeal has upheld the ban on Vehicle Inspection Office and awarded Abubakar Marshal N1 million cost.

15

Tinubu seeks Senate’s confirmation of 65 ambassadorial nominees

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The president’s request, was read in plenary Thursday by the Senate President, Godswill Akpabio.

Wednesday, Dec 3

00

Trump pardons Democrat congressman Henry Cuellar amid bribery charges

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He dismissed the prosecution of Mr Cuellar as a political witch-hunt orchestrated by former President Joe Biden.

20

Trump pardons former Honduran President Hernández, frees him from U.S. prison

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The former leader was convicted in March 2024 of conspiring to import cocaine into the U.S.

18

Tinubu swears in five new permanent secretaries, NPC boss

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President Bola Tinubu on Wednesday swore in five newly appointed permanent secretaries to fill existing vacancies in the federal civil service. ‎The brief ceremony, held at the State House, Abuja, took place before the commencement of the…

14

CBN removes cash deposit limit, raises weekly withdrawal to N500,000

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Ms Sike said that excess withdrawals above the stipulated limits would attract three per cent for individuals and five per cent for corporate customers.

13

FG offers two savings bonds for subscription at N1,000 per unit

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The Debt Management Office has offered two government savings bonds for subscription in December.

10

Trump denigrates Somali immigrants as ‘garbage’ from ‘hell’ in xenophobic rage

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"When they come from hell and they complain and do nothing but bitch, we don’t want them in our country," said Mr Trump.

08

Market gains over N1 trillion as equities rally

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The Nigerian equities market posted a positive performance on Tuesday as investors added N1.287 trillion to their portfolios.

Tuesday, Dec 2

15

U.S. assumes G-20 presidency after tense diplomatic row with South Africa

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The United States of America boycotted the G-20 summit amid diplomatic row between President Donald Trump and Cyril Ramaphosa over alleged ‘White genocide.’

13

Abia to institutionalise long-term planning with 25-year agenda

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The ultimate goal for evolving the plan is developing the state in a structured manner, regardless of the administration in power,” said the Abia government.

12

Man, 42, in court for alleged N2.5 million visa fraud

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Mr Adaraloye alleged that the defendant fraudulently collected N2.5 million from the complainant, Rashidat Lawal, to process a European visa for her son.

10

Naira depreciates by 0.1% against dollar

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The naira on Monday opened the week with a slight depreciation, trading at N1,448.43 per dollar at the official foreign exchange market.

Monday, Dec 1

13

Landmine casualties hit four-year high as nations exit ban treaty

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Deaths and injuries from landmines and unexploded ordnance hit a four-year high in 2024.

12

Gov Yusuf hails customs for generating N94 billion in Kano

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The command generated N93.9 billion within the period, compared with N85.3 billion collected in 2024.

‘We are proud of your achievements,’ Governor Uba Sani tells Speaker Abbas

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Mr Sani thanked the president for supporting the speaker to ensure that his tenure as the presiding officer of the House of Representatives is hitch-free.

11

Azman Air commits to full compliance with equipment leasing act

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The Equipment Leasing Registration Authority has commended Azman Air for its commitment to full compliance with the equipment leasing act.

Sunday, Nov 30

09

Mohammed performs groundbreaking ceremony for Bauchi-China joint mining company

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Mr Mohammed said the company would boost the state's economic base and create jobs.

Saturday, Nov 29

21

EU, Enugu govt strengthen partnerships to boost state economy

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The Enugu State government and the European Union (EU) have pledged to strengthen their partnerships across various sectors of the economy.

08

Investors gain N179 billion as market surge lifts trading activity

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Academy Press gained 9.70 per cent to close at N7.35, while Omatek Ventures rose 9.35 per cent to end at N1.17.

Friday, Nov 28

19

Tinubu sets up tax policy implementation committee

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The committee comprises experts in tax administration, finance, law, the private sector and civil society.

11

I’ll resign if Edo doesn’t give Tinubu 3.5 million votes in 2027: Governor Okpebholo

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“We promised 3.5 million votes, and we are not joking about it,” Governor Monday Okpebholo stated.

10

Senate committee on security holds public hearing in Jos

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Abah Moro, the chairman of the committee, said that the public hearing was organised in tandem with the legislative agenda of the 10th Senate.

09

Trump announces plan to permanently stop Nigerians, others from relocating to U.S.

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His railing came in the wake of the shooting of two National Guardsmen in Washington, D.C, on Wednesday near the White House.

08

Trump orders U.S. immigration to review Green Cards of all immigrants from ‘countries of concern’

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Joseph Edlow, director of U.S. Citizenship and Immigration Service, made this announcement on Thursday.

Thursday, Nov 27

22

Court orders FG, states to provide free, compulsory education for Nigerian children

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The court adopted a liberal approach to public interest litigation, noting that citizens and groups may challenge violations affecting broad societal interests.

16

Kebbi: LG chairman denies misconduct allegations ahead of assembly probe

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The chairman urged the residents of Maiyama to remain calm and law-abiding, while the assembly concludes its investigation.