Iran threatens to deploy ‘naval mines’ in Gulf if US, Israel attack its coasts, islands
Iran on Monday threatened to deploy "naval mines" in the Gulf if the United States and Israel were to attack any of its coasts or islands.
M-East war: CPPE, others warn of further surge in fuel prices, inflation
There were growing concerns yesterday that the price of Premium Motor Spirit, PMS, also known as petrol, may rise further as crude oil climbed to $146.4 per barrel from $120, representing a 21 per cent increase, driven largely by the ongoing United States–Iran conflict.
Only 10 States publish LG budgets online — BudgIT Report
A new report by BudgIT has revealed that only 10 states in Nigeria have publicly accessible annual budgets for their Local Government Areas (LGAs).
CBN bags global ‘Central Bank of the Year’ award
The Central Bank of Nigeria, CBN, has been named Central Bank of the Year by Central Banking magazine, in recognition of sweeping reforms that restored macroeconomic stability and investor confidence in Nigeria.
Electricity woes worsen as DisCos record N2.4trn in financial losses
•Rising debt restricts power generation •Consumers slam DisCos for non-transparency, demand mass metering •Operators knock Presidency over exit from national grid By Obas Esiedesa At the backdrop of worsening power supply to offices and homes, Electricity Distribution Companies (DisCos) have recorded a combined loss of N2.349 trillion over the past two years due to billing and collection […]
US, Iran in counter threats over Strait of Hormuz
AS the stand-off over the Strait of Hormuz continued, following its effective blockade by Iran, the US and the gulf state are trading threats of further destruction of energy ….
