Black Market: Naira Falls Record Low Of N1960/EUR1.
Due to ongoing demand pressures that keep devaluing the currency, the parallel market exchange rate has drastically decreased, falling to a record low of N1960 per Euro. Read More
Sanwo-Olu To Import rice paddy for Imota rice mill, Begs Tinubu
Lagos State governor, Babajide Sanwo-Olu, has said that he would ask President Bola Tinubu to permit the importation of rice paddy so that it may be processed at the Imota rice mill through the Ministry of Agriculture. Read More
Drama AS Shaibu Emerges As Factional PDP Guber Candidate For Edo Poll
Phillip Shaibu, the deputy governor of Edo State, has emerged as the winner in a factional primary of the Peoples Democratic Party (PDP) for the 2024 Edo governorship election. Read More
Economic Hardship: Lagos Announces 25% Reduction In Public Transportation Fare
The Lagos State Governor, Babajide Sanwo-Olu, has announced a 25% reduction on public transportation fare in the state. Read More
Nigeria’s Economy Falls To 2.74% In 2023, Down From 3.10% In 2022- NBS
Nigeria’s Gross Domestic Product (GDP) fell to 2.74% in 2023, a slight deceleration from the 3.10% growth rate experienced in 2022, fresh data by the National Bureau of Statistics (NBS) released on Thursday, February 22, 2024 has shown. Read More
Hardship: FG Suspends Exportation Of Cooking Gas In Bid To Tame Rising Prices
The Federal Government of Nigeria has declared the immediate suspension of Liquefied Petroleum Gas (LPG) exports in an effort to slow the soaring cost of cooking gas. Read More
Airport Charges Affecting Ticket Price- Airline Owner
Domestic airlines have stated that the fees they pay for using the nation’s airports, the high cost of aviation fuel, and other fees paid to aviation authorities are the main causes of the price increases of flight tickets. Read More
Crusader Sterling Pensions Urges Artisans To Embrace Micro Pension Scheme
Crusader Sterling Pensions Limited has urged workers in the informal sector to take up the micro pension plan to secure their financial future. Read More
Nestlé’s Full-Year Sales Drops Below Projections, High Prices Hit Demand
The largest food corporation in the world, Nestlé, has reported lower-than-expected full-year sales and attributed the decline to persistent constraints on family finances. Read More
MPC Gears Up For Maiden Meeting Under Cardoso, As Senate Confirms 12 Members
All is set for the maiden Monetary Policy Committee (MPC) under the Olayemi Cardoso-led Central Bank of Nigeria (CBN) as the Senate has confirmed the appointment of 12 persons as members of the committee. Read More
