By Philemon Adedeji Nigerian Exchange Limited (NGX) has expressed its eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and enhancing capacity development for both chamber members and the broader economy.…
Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted various quantities of ephedrine, skunk and nitrous oxide, popularly known as laughing gas concealed in semovita packs and dry pepper being shipped to South Africa and Kenya through the…
In this interview with Mathew Ibiyemi, Deputy Editor of Nigerian NewsDirect, the GMD sheds light on the ongoing redevelopment of Premiere Hotel and other projects being embarked on by the conglomerate. He also speaks on the ambitious plan to boost…
…To review Mining Act, establish Mines Police …Issues 30-day ultimatum to illegal miners In a bid to revitalise Nigeria’s economy, the Federal Government is targeting 50 per cent contribution to the Gross domestic Product (GDP) from solid minerals. Minister of…
Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL) has stated that it paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. “A total of N97.24 billion was paid…
In the first quarter (Q1) of 2023, the Nigerian economy experienced a significant boost in foreign exchange (FX) inflows, according to the Central Bank of Nigeria (CBN). The inflows rose by 17.5 percent to $17.18 billion, compared to $14.62 billion…
Research by ONE has revealed that African countries will pay $56 billion more on debt raised on capital markets between 2017 and 2021. The research also stated that “If average interest rates on bonds increase by 1% more, interest would cost…
The President Bola Tinubu led Federal Government has disclosed that the N-Power scheme, a social intervention programme of the immediate past Muhammadu Buhari led government, will be continued. The Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu, on…
…As NUPRC vows to sanction erring companies Oil companies have refused to abide by the provisions of the Host Community Regulation and Petroleum Industry Act threaten Nigeria’s oil production output, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. The…
Lagos State Governor, Mr. Babajide Sanwo-Olu, has given hope for life as he has taken over the medical care of Adebola Akin-Bright, a 13-year-old boy, whose small part of his intestines was allegedly missing at the Lagos State University Teaching…
