Business

Healthcare Providers Claim 20% of Nigeria’s Private Hospitals Shut Down on Crippling Operating Costs

About 20 percent of Nigeria’s small and medium-sized private hospitals have shut down due to crippling operating costs that have…

2 years ago

Lagos State Government Declares No Compensation for Property Without Permit After Demolition for Coastal Highway

The Commissioner for Physical Planning and Urban Development in Lagos State, Dr. Olumide Oluyinka, has said only properties with planning…

2 years ago

Dealers Demand N850/litre Diesel as Dangote, Marketers Meet

Oil marketers have called for a downward review in the pump price of the Automotive Gas Oil, popularly called diesel,…

2 years ago

Presidency Backs Cardoso, Vows Further Clampdown on Naira Racketeers

The Presidency on Tuesday said the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria, CBN aimed at stabilising…

2 years ago

Nigeria to Get Afreximbank’s $1bn Loan in May

Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The…

2 years ago

Banks’ Recapitalisation: After 12,000 Jobs Lost in 2005, 2010, NLC, Bankers Worry

The Nigeria Labour Congress, NLC, and the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, have raised…

2 years ago

Federal Government to Begin Testing on 700MW Zungeru Hydroelectric Power Plant

The Federal Government, on Sunday, announced that testing has commenced on the 700 megawatts Zungeru Hydroelectric Power Plant ahead of…

2 years ago

Lagos Terminates Multibillion-naira Kantagua Market Construction Contract

The Lagos State Government has terminated the contractual relationship with Bridgeway Global Project Limited on the development of the Kantagua…

2 years ago

BDC Operators Ask CBN to Lower Exchange Rate

The Association of Bureaux De Change Operators of Nigeria appealing to the  Central Bank of Nigeria, CBN to adjust and…

2 years ago

Four Banks Announce Delay in Filing 2023 Results

Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for…

2 years ago