Business

Governor Sanwo-Olu Slams Developers on Incessant Building Collapse

The Governor of Lagos State, Babajide Sanwo-Olu, has blamed real estate practitioners not building according to the property laws of…

2 years ago

Nigeria’s Food Insecurity Rises 133% as Poverty Deepens

The number of Nigerians facing food insecurity has increased by 133 percent in three years as poverty deepens in Africa’s…

2 years ago

Federal Govt Takes Over Completed 2nd Niger Bridge

The Federal Government has taken delivery of the completed 2nd Niger Bridge and stressing the need for prompt supervision of road…

2 years ago

Federal Government to Procure CNG-powered Tricycles for LG Workers

The Federal Government, through the Nigerian Orientation Agency, has launched a Compressed Natural Gas “Keke NAPEP” to cut down the high…

2 years ago

CBN Directs Its Branches to Issue, Accept Old, Redesigned Naira Notes

The Central Bank of Nigeria, CBN, has directed its branches nationwide to continue issuing and accepting all denominations of the…

2 years ago

Gas Production Falls Despite FG’s N250bn Intervention Fund

Production of natural gas fell last year despite an N250bn intervention fund provided to fifteen companies. According to an industry…

2 years ago

Naira Gains 5.72% on Increased Dollar Supply

Foreign exchange (FX) witnessed an improved dollar supply, which resulted in naira gaining 5.72 percent of value in the official…

2 years ago

FG’s N9trn Budget Deficit Raises Concerns Despite Fuel Subsidy Cuts

Nigeria is facing one of its highest budget deficits on record even after the removal of fuel subsidies that were…

2 years ago

Nigeria, Angola Reject OPEC’s Oil Quota Cut

Nigeria and Angola have opposed a reduction in their crude oil production quotas by the Organisation of Petroleum Exporting Countries.…

2 years ago

Presidency Backs CBN on Recapitalization as Investors Rush for Mega-banks Stocks

The Presidency on Tuesday expressed support for the banking sector consolidation initiative of the Central Bank of Nigeria, saying it…

2 years ago