Umahi Urges Cement Price Cut, Warns MTN, RCC Over Road Project Delay
Works Minister David Umahi has urged cement manufacturers to cut prices to N7,000, citing the naira's appreciation and falling petrol costs. He attributed these economic improvements to President Bola Ahmed…
Nigeria Immigration Arrests 376 Illegal Immigrants in Ogun State
The Nigeria Immigration Service (NIS) arrested 376 illegal immigrants engaged in fraudulent activities across different locations in Ogun State. They were apprehended during a joint raid by officers from Ogun…
Naira Appreciates to N1,490/$ in Parallel Market, N1,499.8/$ in Official Market
The Naira strengthened to N1,490 per dollar in the parallel market yesterday, up from N1,502 per dollar on Tuesday. Similarly, the Nigerian Foreign Exchange Market (NFEM) recorded an appreciation, with…
NAFDAC DG Raises Alarm Over Threats to Life and Safety
The Director-General of NAFDAC, Prof. Mojisola Adeyeye, has raised concerns over threats to her life and agency staff. Prof. Adeyeye called on authorities for protection as NAFDAC personnel face dangerous…
NASENI Nears Completion of First Made-in-Nigeria Helicopter
The National Agency for Science and Engineering Infrastructure (NASENI) confirmed Nigeria’s first locally made helicopter nears completion. Engr. Kareem Aduagba revealed during a Kaduna event that the helicopter would soon…
Dangote Refinery Reduces Petrol Price by N65 Ahead of Ramadan
The Dangote Petroleum Refinery has announced a reduction of N65 in the ex-depot (gantry) price of Premium Motor Spirit (PMS), lowering it from N890 to N825 per litre. The new…
FMBN Boss Proposes Tax on Unoccupied Houses to Bridge Nigeria’s Housing Deficit
The Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi has called for a tax on unoccupied properties to help bridge Nigeria’s housing gap. He…
Rising Rent Crisis in Lagos: Tenants Demand Government Intervention as Housing Costs Surge
The cost of renting homes in Lagos continues to rise, leaving many residents struggling and calling for government intervention. Damilola Adebayo’s 71-year-old father recently relocated after his former landlord sold…
FRC Endorses Tax Reform Bill, Calls for Measures to Boost Economic Growth
The Fiscal Responsibility Commission (FRC) has expressed strong support for the proposed Tax Reform Bill under consideration. Bede Ogueri Anyanwu, FRC’s Head of Strategic Communications, described the bill as crucial…
Justice Oshodi Rejects Recusal Bid in Emefiele’s Ongoing Trial
Justice Rahman Oshodi of the Lagos State Special Offences Court, Ikeja, has dismissed the defence’s recusal application. Olalekan Ojo, leading the defence, argued that previous rulings by the judge indicated…