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Tag: GOVERNMENT INTERVENTION

Business / Companies / economics

New ATM Fees Threaten Financial Stability of Nigerians Amidst Policies by Tinubu

March 2, 2025March 2, 2025 - by Liam Nguyen - Leave a Comment

Nigerian banks have initiated new Automated Teller Machine (ATM) transaction fees, prompting backlash from customers who argue that these increases exacerbate financial burdens on the poor. Many individuals report finding …

New ATM Fees Threaten Financial Stability of Nigerians Amidst Policies by Tinubu Read More
Companies / economics

New ATM Fees Ignite Outrage Among Nigerian Bank Customers Dismayed by Government Policies

March 2, 2025March 2, 2025 - by Allegra Nguyen - Leave a Comment

The Central Bank of Nigeria has implemented new ATM fees, causing frustration among customers who believe these charges unfairly impact the poor. Many customers report that withdrawing cash from ATMs …

New ATM Fees Ignite Outrage Among Nigerian Bank Customers Dismayed by Government Policies Read More
Politics

Oando Plc Secures Lease for Guaracara Refinery in Trinidad and Tobago

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

Oando Plc has won the bid to lease the Guaracara Refinery in Trinidad and Tobago, outperforming competitors like CRO Consortium and INCA Energy. Minister of Energy, Stuart Young, cited Oando’s …

Oando Plc Secures Lease for Guaracara Refinery in Trinidad and Tobago Read More
economics

Lagos Faces Housing Crisis Amid Inflation and Rising Rent

February 28, 2025February 28, 2025 - by Marcus Chen - Leave a Comment

Lagos is experiencing a housing crisis as rampant inflation has led to significant increases in rent, dislocating residents and complicating daily life. With economic reforms causing additional challenges, many families …

Lagos Faces Housing Crisis Amid Inflation and Rising Rent Read More
Business / Companies / economics

Ghana’s Economic Crisis: Mahama Highlights Challenges in State of the Nation Address

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

In his February 2025 State of the Nation address, President John Mahama expressed grave concerns over Ghana’s economic state, citing a mere $64,000 balance in the Sinking Fund. He highlighted …

Ghana’s Economic Crisis: Mahama Highlights Challenges in State of the Nation Address Read More
Companies

Rising Global Demand Fuels Foreign Interest in Nigeria’s Lithium Reserves

February 6, 2025February 6, 2025 - by Liam Nguyen - Leave a Comment

Nigeria’s lithium reserves are drawing foreign investors as global demand surges, driven by the need for electric batteries. Artisanal mining flourishes despite legal ambiguities, with many miners earning substantial incomes. …

Rising Global Demand Fuels Foreign Interest in Nigeria’s Lithium Reserves Read More
Politics

Urgency of Tax Reforms Highlighted by Oyedele Amid Economic Struggles

December 4, 2024December 4, 2024 - by Sofia Nawab - Leave a Comment

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy, calls for urgent tax reforms to combat the struggles faced by Nigerians. In reaction to concerns from Borno State …

Urgency of Tax Reforms Highlighted by Oyedele Amid Economic Struggles Read More
Companies / economics

25 Million Nigerians Benefit from Cash Payments through Digital Identification

November 5, 2024November 5, 2024 - by Allegra Nguyen - Leave a Comment

The Nigerian government has provided cash payments to 25 million individuals as part of a poverty alleviation program, utilizing biometric verification methods. The initiative, which began last year, targets approximately …

25 Million Nigerians Benefit from Cash Payments through Digital Identification Read More

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