By Blessing Emmanuel The National Identity Management Commission (NIMC) has warned Nigerians against extortion during the National Identification Number (NIN) and Subscriber Identity Module (SIM) linkage as the deadline approaches. This is even as the agency reassured Nigerians and legal…
By Sodiq Adelakun The Lagos State Government has signed a Memorandum of Understanding (MoU) with the Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) to bring the ambitious Green Line Metro project to life. Governor Babajide Sanwo-Olu…
Agusto & Co. has upgraded the rating assigned to Odu’a Investment company Ltd. (OICL) from “A” to “A+” in its latest review. Agusto & Co is a Pan-African credit rating agency and a leading provider of industry research and knowledge…
The Lagos Chamber of Commerce and Industry (LCCI) has said that the hike in fuel price from N568 to N855 would trigger widespread price increases, potentially reversing the recent ease in inflation. Director General, LCCI, Dr Chinyere Almona, said this…
President Bola Tinubu on Tuesday gave assurances that the Ibadan-Abuja-Kaduna-Kano railway project would be completed to the satisfaction of Nigeria and West Africa at large. Tinubu said this during a visit to the headquarters of China Railway Construction Corporation (CRCC)…
Telecommunication workers have issued a seven-day indefinite strike notice, effective Sept. 9, to 39 companies including Huawei Technologies Nigeria Ltd. over what they describe as prevalent precarious working conditions. The workers under the aegis of Private Telecommunications and Communications Senior…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has finalised an agreement with the Nigerian National Petroleum Corporation (NNPC) Limited to sell crude oil to Dangote refinery in local currency, the naira. This is contained in a statement by…
The Federal Competition and Consumer Protection Commission (FCCPC) has refuted claims that it intends to regulate prices within the Nigerian market. Instead, it has clarified that its recent measures are designed solely to address exploitative practices and promote a competitive…
On Tuesday, the Federal Government entered into a Memorandum of Understanding (MoU) with Mutual Commitment Company Limited, a Chinese firm, to initiate the assembly of electric tricycles and set up a renewable energy training center. The signing ceremony, organized by…
Nigeria’s manufac turing sector’s contribution to the Gross Domestic Product (GDP) has witnessed a significant contraction over the past two quarters, reflecting a decline of 20.95 percent from the end of 2023 to the second quarter of 2024. According to…
