#NigeriaEconomy Archives - The Cheer News

Port Harcourt Refinery Allegedly Operates on Old Stock: Alesa Stakeholder Speaks Out

EDITORNovember 28, 2024November 28, 2024

by EDITORNovember 28, 2024November 28, 20240108

By DAYO ADESULU Claims of Old Stock and Limited Operations Raise Eyebrows Timothy Mgbere, Secretary of the Alesa community stakeholders in Rivers State, has alleged...

Breaking News ECONOMY

CBN Announces New Forex Trading Guidelines: Minimum Trade Amount Set at $100,000

EDITORNovember 27, 2024

by EDITORNovember 27, 2024090

By DAYO ADESULU Key Reforms to Strengthen Nigeria’s Forex Market In a significant move to enhance the efficiency and transparency of Nigeria’s foreign exchange market,...

Breaking News

Dangote Pavilion Shines at 2024 Kano International Trade Fair

EDITORNovember 25, 2024

by EDITORNovember 25, 2024069

By DAYO ADESULU A Hub for Economic Growth and Opportunities The Dangote Group’s pavilion has emerged as a central attraction at the ongoing 2024 Kano...

Breaking News

Aliko Dangote Negotiates Funding for Crude Oil Expansion at Dangote Refinery

EDITORNovember 18, 2024

by EDITORNovember 18, 20240124

By DAYO ADESULU Africa’s Richest Man Seeks Billions to Enhance Refinery Capacity Aliko Dangote, Africa’s wealthiest individual, is currently in discussions with foreign banks to...

Oil and Gas

Nigeria’s Oil Production Hits 1.8 Million Barrels per Day, Federal Revenue Set to Reach N6.99 Trillion Monthly

EDITORNovember 15, 2024November 15, 2024

by EDITORNovember 15, 2024November 15, 20240288

By DAYO ADESULU Federal Government to Earn N6.99 Trillion Monthly as Oil Output Reaches New High Nigeria’s Federal Government stands to gain approximately N6.99 trillion...

Labour & Works

NLC Sets December 1 Ultimatum for State Minimum Wage Implementation Amid Inflation Concerns

EDITORNovember 11, 2024

by EDITORNovember 11, 2024064

NLC Accuses Fuel Marketers of Inflating Petrol Prices, Urges Government Accountability By DAYO ADESULU Lagos, Nigeria — The Nigeria Labour Congress (NLC) has issued a...

Breaking News

President Tinubu Urges Nigerian Media to Prioritize Integrity and Factual Reporting

EDITORNovember 8, 2024

by EDITORNovember 8, 2024076

The Federal Government met with stakeholders in Lagos on Thursday to discuss the proposed Digital Economy and e-Governance Bill, part of a series of consultations...

Breaking News

President Tinubu Urges Nigerian Media to Prioritize Integrity and Factual Reporting

EDITORNovember 8, 2024

by EDITORNovember 8, 20240113

By DAYO ADESULU At the All Nigerian Editors Conference in Yenagoa, Bayelsa State, President Bola Tinubu emphasized the vital role of the media in fostering...

Banks Breaking News ECONOMY

Nigeria Labour Congress Challenges IMF’s Denial of Responsibility for Economic Policies

EDITOROctober 27, 2024

by EDITOROctober 27, 2024095

By DAYO ADESULU NLC Accuses IMF and World Bank of Economic Mismanagement The Nigeria Labour Congress (NLC) has firmly dismissed the International Monetary Fund’s (IMF)...

Technology

MTN Nigeria Urges Urgent Tariff Reform to Save Telecom Industry Amid Rising Costs and Losses

EDITOROctober 23, 2024

by EDITOROctober 23, 20240182

By DAYO ADESULU MTN CEO Karl Toriola warns of potential shutdown and unsustainable operations due to escalating costs and debt crisis. MTN Nigeria, the country’s...