The Federal Government through the Central Bank of Nigeria has raised the exchange rate for cargo clearance from N952/$ to N1.356 per dollar. This is
Category: Business
IMF downgrades Nigeria’s economic growth to 3%
By Temitayo Jaiyeola The International Monetary Fund has downgraded Nigeria’s economic growth projections for 2024 to 3.0 per cent from 3.1 per cent in its October
Lagos rents soar by 91% in five years
Rents in Lagos have surged by 91.32 percent over the past five years, posing a challenge to residents seeking affordable housing. It was according to
Lagos Govt resolves RevolutionPlus, customer land dispute
Josephine Ogundeji The Lagos State Government, through the Lagos State Real Estate Regulatory Authority, said it has effectively resolved the land dispute between real estate
CBN holds MPC meeting February 26
The Monetary Policy Committee of the Central Bank of Nigeria will hold its first policy meeting for the year on February 26th and 27th. This
Court allows Emefiele to travel out of Abuja
The Federal Capital Territory High Court has granted the request of a former Governor of Central Bank of Nigeria, Godwin Emefiele, to travel out of
You cannot impose fines on media houses, Court tells NBC
The Federal High Court in Abuja today declared null and void the provisions of the Nigeria Broadcasting Code authorising the National Broadcasting Commission (NBC) to
CBN set to prosecute forex defaulters
The Central Bank of Nigeria has said it is set to prosecute forex defaulters in the country. The CBN Acting Director of Communication, Mrs. Sidi
Fire razes 44 rooms in Kwara
No fewer than 120 people were rendered homeless, while 44 rooms were destroyed on Monday in Megida Onikahun compound, Edun Isale in Ilorin South Local
Dangote Refinery seeks approval to hit market with diesel, aviation fuel
By Udeme Akpan THE Dangote Petroleum Refinery has sought the approval of the Federal Government to hit the domestic market with diesel and aviation fuel.
