Petrol queues reappeared in Lagos and its surrounding areas on Tuesday due to a shortage of supply, causing inconvenience for motorists and consumers who struggled…
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Category: Business
CBN Governor, Olayemi Cardoso, Discusses Naira Stability Prospects
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has provided insights into the potential stabilization of the Naira, linking it to increased foreign…
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Police Crackdown: 26 Suspects Arrested, Victims Rescued in Raid on Criminal Hideouts in Lagos
In a recent operation, the Rapid Response Squad (RRS) of the Lagos State Police Command conducted a raid on criminals’ hideouts in Ojota, resulting in…
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Re-run Election Underway in Bayelsa State: Voting Commences
The re-run election for State Constituency 2 in the Yenagoa Local Government Area (LGA) of Bayelsa State is currently in progress, with accreditation and voting…
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Federal Government Raises Cargo Clearance Exchange Rate to N1,356/$
The Federal Government, through the Central Bank of Nigeria (CBN), has announced an increase in the exchange rate for cargo clearance from N952/$ to N1.356…
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CBN Warns Against FX Market Manipulation as Naira Hits N1,500, Clears Aviation Forex Backlog
As the Nigerian naira experiences a continued decline, trading at approximately N1,500 to a dollar, the Central Bank of Nigeria (CBN) has issued a caution…
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Mandilas Group Disclaims Ownership of Fire-Damaged Lagos Building
The Mandilas Group has officially disassociated itself from the ownership of the Mandilas building in Lagos, which was engulfed in a devastating fire on January…
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Dangote Refinery Set to Manufacture Gasoline and Polypropylene from March
Aliko Dangote, the President/Chief Executive of Dangote Industries Limited, has revealed that the Dangote Refinery is poised to commence the production of gasoline and polypropylene…
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EEDC Addresses Decrease in Electricity Supply
The Enugu Electricity Distribution Company PLC (EEDC) would like to update our valued customers regarding the current state of power supply within our network, which…
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Emeka Uzoeto: Transitioning from Trading Magnate to Real Estate Luminary
Anambra, known for producing individuals of exceptional prowess, continues to showcase outstanding achievements across diverse fields. From law and academia to oil and gas, pharmaceuticals,…
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