News

Nigeria’s Minister of Power, Bayo Adelabu, says he is “deeply concerned about the deteriorating electricity supply across the country” and has thus summoned the chief executives of three electricity companies to a “crucial meeting.” Mr […]

Lagos road users on Wednesday expressed their frustration over the closure of the Third Mainland Bridge after being trapped in traffic for hours. The Lagos State Government had on Tuesday said the Island-Iyana Oworo bound […]

The Night of Tributes for the late Group Managing Director/CEO of Access Bank Plc, Herbert Wigwe, continued in Lagos yesterday, with the leader of the Tijjaniyya movement and 14th Emir of Kano, Mohammed Sanusi, captains […]

The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has said the N22.7tn printed by the Central Bank of Nigeria through Ways and Means overdraft for the Federal Government from 2015 to 2023, […]

The 14th Emir of Kano State, Mohammed Sanusi, has recounted how the late Chief Executive Officer of Access Bank Plc, Dr Herbert Wigwe, came to his rescue after he was dethroned and had to leave […]

BUA Cement has revealed why it failed in its initial plan to sell the commodity for a fixed price of N3,500 per 50kg bag across the country. The company said that the plan was hindered […]

Corporate Nigeria and some political titans turned up yesterday to celebrate the life and times of the late Chief Executive Officer of Access Corporation Plc, Herbert Wigwe who all of them described as a titan. […]

A former Governor Isa Yuguda of Bauchi State said the federal government still pays subsidy on petroleum products. Yuguda stated this in an interview on Channels Television’s Politics Today on Monday. Recall that President Bola […]

The Nigerian Exchange Limited recorded an impressive gain on Thursday as the value of equities surged by 390 billion, reaching N54.71 trillion. This positive performance in the market was primarily fueled by significant gains in […]

The Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the financial crimes in Nigeria. EFCC’s Chairman, Ola Olukayode, disclosed this while speaking in Abuja at […]

The organised private sector has expressed concern about the spate of looting of trucks conveying food and raw materials by suspected hoodlums, warning that it can lead to a shutdown of industries across the country. […]

Nigerian lawmakers are raising concerns over the planned implementation of the Oronsaye Report by President Bola Tinubu. The House of Representatives, on Thursday, following a joint motion by Kama Nkemkanma (APC, Ebonyi), Olumide Osoba (APC, […]

The Office of the National Security Adviser (ONSA) on Thursday confirmed that the crypto exchange platform, Binance, is being investigated by Nigerian authorities. In its first official confirmation of the clampdown efforts on the activities […]

The Office of the National Security Adviser has said the Federal Government is investigating the operations of Binance, a cryptocurrency exchange company. Financial Times had on Wednesday reported that two executives of the company were […]

Confusion reigned in the banking industry yesterday as some banks restricted access to bank accounts not linked to the National Identity Number, as directed by the Central Bank of Nigeria, CBN. The CBN had in […]

For the first time since last week, the Naira depreciated marginally against the US dollar on the foreign exchange market on Tuesday. Data from FMDQ showed that the Naira dropped to N1,615.94 per USD on […]

Former Lagos State governor, Akinwunmi Ambode, has said President Bola Tinubu is not the originator of the current economic challenges in Nigeria. He said Nigerians need to face the current hardship and economic challenges frontally. […]

The Federal Government, on Tuesday, announced that the $700m Obiafu/Obrikom/Oben gas pipeline, popularly called OB3, would be completed in March 2024, a project that commenced in 2016. It announced this at the ongoing 7th Nigeria […]

The nationwide protest scheduled for February 27 and 28 by the Nigeria Labour Congress, NLC, over the high cost of living in the country has commenced in Abuja. NLC had alerted its members across the […]

The Federal Ministry of Works on Monday announced that both bounds of the carriageways of the Third Mainland Bridge in Lagos State will be closed to traffic from noon on Wednesday to noon on Thursday. […]