By Sodiq Adelakun Over four buildings have been impacted by the fire that engulfed part of Dosunmu Market on Lagos Island on Tuesday. Nigerian NewsDirect reports that the fire started around 11am with operatives of the Lagos Fire and Rescue…
The World Bank has estimated that Nigeria’s inflation rate will drop to around 24.8 percent this year and further to 15.1 percent by 2026. It noted that the projected decline was premeditated by monetary policy tightening and exchange rate stabilisation in…
Wema Bank found itself on the wrong side of seven Nigerian laws in 2023, paying penalties totalling N61.350million in one year. This was revealed in the bank’s full-year 2023 financial statement, which showed that the lender contravened a cybersecurity law,…
The federal government used part of the Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to pay down Ways and Means advances from the Central Bank of Nigeria (CBN) by N4.83 trillion, the Minister of Finance and Coordinating Minister…
…Apex Bank prohibits use of Foreign currency as collateral for loans In a decisive move to tackle currency volatility, The Central Bank of Nigeria has once again announced the sale of dollars to Bureau De Change (BDC) operators, according to…
The Federal Government yesterday launched the newly upgraded Citizens’ Delivery Tracker App. The app will empower the citizens to evaluate, track, monitor, report and give feedback on government’s policies and programs, it will also enable citizens access to the Ministers…
…Shuaibu cries foul By Elvis Omoregie, Benin The Heart Beat State of the Nation, Edo state, yesterday witnessed the first major Deputy Governor impeachment since 1999, as Comrade Philip Shaibu was on Monday morning impeached by the Edo State House…
By Ismail Azeez, Osogbo Former Commissioner for Education in Osun State, Folorunso Bamisayemi, has explained that Immediate past Governor Adegboyega Oyetola now the Minister of Marine and Blue Economy did not sell Ladoke Akintola University of Technology (LAUTECH) to co-owner…
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit…
…Proposed meeting gathering of drama boys — Abure …Calls on security agencies to halt meeting …No family without a fight, let us focus on helping the poor — Peter Obi The crisis rocking the leadership of the Labour Party (LP) has deepened…
