Lagos State Offers 15% Discount for Early Land Use Charge Payments
The Lagos State government has introduced a 15 percent incentive for property owners who pay their Land Use Charge (LUC) promptly and comply with the state’s property laws. This incentive…
CBN Faces Criticism After Fifth Interest Rate Hike in 2024
Businesses and economic analysts are growing concerned about the recent increase in interest rates by the Central Bank of Nigeria (CBN). The CBN's Monetary Policy Committee (MPC) has raised the…
Naira down to N1,685/$ in parallel market
The Naira yesterday depreciated to N1,685 per dollar in the parallel market from N1,660 per dollar on Monday. But the local currency appreciated to N1,561.76 per dollar in the Nigerian…
COPEN Group Transforming Lives, Empowering Youths with Skills as Amadeo Summit 3.0 Kicks Off in Enugu
The Amadeo Business Summit 3.0 has kicked off in Enugu, with COPEN Group, a major player in the housing industry, leading efforts to transform lives and empower youths with essential…
COREN Proposes N75,000 Monthly Stipend for Engineering Interns
The Council for the Regulation of Engineering in Nigeria (COREN) has proposed a N75,000 monthly stipend for engineering interns participating in the mandatory one-year post-graduation internship programme. The internship, required…
Nigeria Police grants N2 million aid to 347 Falomo barracks families for temporary relocation
The Nigeria Police Force has announced the provision of N2 million each to 347 families residing in the Falomo Police Barracks to assist with their temporary relocation due to the…
Ekiti Governor Warns Developers Against Building on Waterways Amid Flooding Concerns
Ekiti State Governor, Biodun Oyebanji, has cautioned developers against constructing on waterways, citing it as a major obstacle undermining the government’s efforts to control flooding in the state. The governor…
Gombe NBA Challenges Governor Yahaya’s Executive Order on Land Revocation, Calls for Reversal
The Nigerian Bar Association (NBA), Gombe Branch, has raised concerns over Governor Muhammadu Yahaya’s Executive Order 007 on BAP 4, which revokes the rights of occupancy on land use in…
Naira-for-Crude Deal: NNPC to Supply Dangote Refinery for Six Months
The Nigerian National Petroleum Company Limited (NNPC) will supply crude oil in naira to the Dangote Petroleum Refinery for an initial period of six months, pending further review by the…
Kogi State Governor Approves N72,500 Minimum Wage for Workers
Kogi State Governor Ahmed Ododo has officially approved a new minimum wage of N72,500 for workers in the state, effective immediately. The announcement was made on Monday at the Government…