Nigeria’s external reserves have recorded a marginal decline of 1.16 percent ($430 million) in the last two weeks since the Central Bank of Nigeria (CBN) reintroduced the retail Dutch auction in the foreign exchange (FX) market. Data from the CBN…
Investors in the Nigerian equities market recorded a mixed trading week on the floor of the NGX losing N2.45 billion as market capitalisation fell to N55.12 trillion from N55.13 trillion the previous week. This follows a loss of N846 billion…
The Transmission Company of Nigeria (TCN) has urged stakeholders to collaborate in curbing the persistent vandalism and illegal encroachments within the transmission ‘Right of Way.’ The General Manager of TCN’s Kaduna Region, Mr Ganiyu Aliyu, represented by the Assistant General…
By Gbenga Agunbiade, Lagos In a remarkable display of compassion and visionary leadership, Hon. Abdulkareem Olugbenga Shittu launched a groundbreaking empowerment program on August 24, 2024 in Ikorodu, Lagos. This innovative initiative provides zero-interest loans to marginalised groups, kindling hope…
By Umar Akilu Majeri, Dutse The Minister of Defence, Alhaji Mohammed Badaru, has donated N20 million to victims of flooding in Jigawa state. The donation is to support the state government’s relief efforts for residents affected by the recent flood…
By Seun Ibiyemi The Federal Government on Friday signed a Memorandum of Understanding (MoU) with the Maritime Workers Union of Nigeria (MWUN) after two decades of conflicts amid negotiations for minimum conditions of service for workers. The Federal Government on…
By Seun Ibiyemi The Nigerian Shippers’ Council (NSC) has saved the Federal Government N31.1 billion through the Electronic Regulatory Port Portal (ERPP) between January and June 2024. The Executive Secretary/Chief Executive Officer of NSC, Mr Pius Akutah, made this known…
…As company prepares for PMS rollout …Dangote commended for hiring, nurturing Nigerian Engineers The League of engineering bodies in Nigeria have hailed the huge scale of engineering structures at the Dangote Petroleum Refinery and Petrochemicals and Dangote Fertiliser Plant at…
Rauf Oyewole, Bauchi The Emir of Ningi, an emirate in Bauchi State, Alh. Yunusa Muhammed DanYaya has been pronounced dead, according to the Secretary of the Palace, Usman Sule, Magayakin on Sunday morning. According to the Palace, the Emir died…
…Urges FG to approve Shell/Renaissance, Mobil/Seplat deal Former Vice President of Nigeria, Atiku Abubakar has accused the President Bola Ahmed Tinubu-led administration of adopting a sham subsidy regime to fund his 2027 Presidential ambition. In a statement on Sunday, the…
