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FEC Approves Construction Of Lagos-Calabar Coastal Highway
During a session chaired by President Bola Tinubu, the Federal Executive Council (FEC) has given the green light…
Alphabet’s Stock Faces $90 Billion Market Value Fall
Alphabet, the parent company of Google, witnessed a significant downturn on Monday, shedding approximately $90…
Tinubu Orders Full Implementation of Oronsaye Report
President Bola Tinubu, on Monday, directed the comprehensive implementation of the Oronsaye report, a significant…
Don Jazzy Acquires Majority Stake in Mavin Global
"Universal Music Group (UMG) has finalized the acquisition of a majority stake in Mavin Global (Mavin), a renowned…
Nigeria’s Economy Grapples with FX Market Distortions
Nigeria's economy confronts formidable challenges stemming from global shocks, fiscal mismanagement, and a…
FG Proposes 20% Tax on Sugar Beverages, to Combat Overconsumption
The Federal Government has unveiled plans to introduce a 20% tax on Sugar-Sweetened Beverages (SSBs) as a…
Naira Sees Mixed Fortunes in Official Exchange Rate
On February 26, 2024, the Nigerian Naira witnessed a notable appreciation against the US dollar, with the official…
FBN Holdings Emerges as Nigeria’s Most Capitalized Bank
On Monday, February 25th, 2024, FBN Holdings, Nigeria's oldest bank, achieved the distinction of becoming the most…
CEO of Air Peace Limited Reveals Reasons for Choosing Gatwick Airport
Allen Onyema, the Chairman and CEO of Air Peace Limited, revealed that the airline opted for Gatwick Airport to…
Leatherback Set to Expand Internationally After EFCC’s Probing
Leatherback, a financial services technology company, is set to expand internationally with offices in the United…
Price of Foreign Rice Surges to N88,000, Experts Traces Cause
The cost of a 50kg bag of foreign rice has skyrocketed to over N88,000 in major stores across Nigeria, marking a…
Companies in China Abandon Plans for IPOs over Tight Scrutiny
Companies have rushed to abandon their plans for initial public offerings (IPOs) in China this year due to the…
CBN Pegs Payment of Cash Dollar at $500
The Central Bank of Nigeria (CBN) has pegged the payment of cash dollar purchase to a customer at $500 saying that…
Tinubu Holds Emergency Meeting with Dangote, Elemelu and Others Over Econom
Nigerian President Bola Ahmed Tinubu took proactive steps to address the escalating economic challenges facing the…
Dangote, Tony Elemelu, Others Join Economic Advisory Committee
President Bola Tinubu inaugurated an Economic Advisory Committee on Sunday, consisting of prominent figures in the…
Geometric Power Plant in Aba Gets Commissioned by Pres. Tinubu Today
Today, February 26, 2024, marks a historic moment for Aba as President Bola Tinubu commissions the Geometric power…
European Union Commences 4-Day Working Visit to Nigeria
The Council of European Union’s Africa Working Party (COAFR) has commenced its first-ever four-day working visit…
AVA Global Asset Launches 20bn Fund for Infrastructure Development
Ava Global Asset Managers Limited, a member of the AVA Capital Group, is launching a N20 billion fund as part of…
NAPPS Decries Multiple Taxation by FG- Samira Jibril
Samira Jibril, the president of the National Association of Proprietors of Private Schools (NAPPS), expressed…
Poverty Level Increases in Nigeria Despite High GDP Rate- Experts
The rise in the price of goods and commodities in Nigeria, despite the Gross Domestic Product (GDP) rising above 3…
NLC Raises Concern Over Alledged Violence Against Members
Comrade Joe Ajaero, the President of the Nigeria Labour Congress (NLC), has raised concerns about the federal…
Ava Global Asset Reveals 20bn Insurance, Enhances Infrastructure
Ava Global Asset Managers Limited has disclosed the issuance of N20 billion under its N200 billion Infrastructure…
Uphold Regulations, EFCC Chairman Urges Bank CEOs
Mr. Ola Olukoyede, the Chairman of the Economic and Financial Crimes Commission (EFCC), has emphasized the…
Exchange Rate Fluctuates, Naira hits N1,900 and Rebounds to N1,354 Against USDT
In the past twenty-four hours, the Binance cryptocurrency platform encountered significant turbulence as the…
Tinubu Aims to Boost Economy with $10 Billion Injection
President Bola Tinubu announced plans to secure $10 billion to bolster foreign exchange liquidity, stabilize the…
Nigeria Customs Service to Distribute Seized Food Items
The Nigeria Customs Service announced plans to directly distribute seized food items to Nigerians as a response to…
Hafsat Bakari Appointed CEO of Nigerian Financial Intelligence Unit
President Bola Tinubu has appointed Hafsat Bakari as the Chief Executive Officer (CEO) of the Nigerian Financial…
Cement Manufacturers Exploit Nigerians Amidst Exchange Rate- Minister
Arc. Musa Dangiwa, the Minister of Housing and Urban Development, voiced concerns over cement manufacturers…
NARTO Suspends Nationwide Strike
The Nigerian Association of Road Transport Owners (NARTO) has decided to halt its plans for a nationwide strike…
Red Cross Supports 5000 Households with Cash, Food, Others
In response to the escalating hunger crisis in Nigeria, the Nigerian Red Cross Society (NRCS) has escalated its…