The Economic and Financial Crimes Commission, EFCC, has frozen an account belonging to Abubakar Ahmad Sirika, brother of immediate-past minister Hadi Sirika, over an alleged
Category: Business
Consumption to Production: Panacea to Nigeria’s Forex Crisis
By Soliudeen Balikis “In 1982, I travelled to the United Kingdom for the first time. The Naira was happily accepted from me on the streets
EFCC to arraign pastor nabbed for alleged N1.3bn fraud
The Economic and Financial Crimes Commission has said it will arraign the General Overseer of Faith on the Rock Ministry International, Nasarawa State, Apostle Theophilus
Naira weakens at parallel market, rises at official window
The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that the apex bank was making
Power generation crashes to 59MW after fresh grid collapse
Power generation on the national grid crashed to 59.9 megawatts around 12 pm on Sunday as the country’s grid witnessed a nationwide collapse. Data obtained
Niger residents protest high cost of food, living
The residents of Minna, the Niger State capital, have flooded the streets to protest the rising cost of food and living in the state. The
FG raises exchange rate for cargo clearance to N1,356/$
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
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
