FG Increases Rate Of Mining Licences
The Ministry of Solid Minerals Development has introduced new rates for mining licenses to enhance ease of doing business and…
Day: July 5, 2024
MTN Renovates School In Lagos
MTN has renovated Iwerekun Community High School in Lagos, demonstrating its commitment to improving learning standards. The renovation is part…
Exchange rate gap closes as dollar trades at N1,520.24 at official market
On Thursday, the naira/dollar exchange rate reached N1,520 in both the official and parallel markets. This rare convergence reflects the…
NCAA Suspends Permits of 10 Private Jet Operators Over Recertification Issues
The Nigeria Civil Aviation Authority (NCAA) has suspended the Permit for Non-Commercial Flights (PNCF) of 10 private jet operators for…
Tinubu targets production of 2million bpd oil, 6GW electricity, 135m tonnes food
On Thursday, President Tinubu announced a N2 trillion economic stabilization package alongside the National Construction and Household Support Programme. The…
NHIA increases health insurance capitation by 60%, implements 40% fee for service hike in Nigeria
The National Health Insurance Authority (NHIA) has announced substantial tariff adjustments, including a 60% increase in capitation and a 40%…
New UK Leader: British pound shows strength against naira and U.S dollar
Keir Starmer’s centre-left Labour Party secured a substantial majority in the UK general election, providing reassurance to the global currency…
FG Inaugurates 12 New CNG Stations in Lagos, Abuja
The federal government and the Nigeria National Petroleum Corporation (NNPC) have inaugurated twelve new Compressed Natural Gas (CNG) stations in…
Band A customers: NLC demands new tariff hike reversal
The Nigeria Labour Congress (NLC) has criticized the recent increase in electricity tariffs for Band A customers from N206.80 to…
NNPC disagrees as report puts petrol debt at $6bn
Nigeria’s state-owned Nigerian National Petroleum Company Limited (NNPC) is facing a mounting debt crisis in its petrol imports, which has…
SEC approves Chiemeka’s appointment as NGX CEO
Jude Chiemeka has been officially appointed as the Chief Executive Officer of the Nigerian Exchange Limited (NGX), effective from July…
Union Bank promotes 337 employees
Union Bank of Nigeria has announced the promotion of 337 employees across its various departments. The bank’s Managing Director/Chief Executive…