CBN Raises Customs Duty Exchange Rate To N1, 493.23/$ Despite Previous Slash
Just a day after reducing the rate, the Central Bank of Nigeria (CBN) increased the exchange rate for computing Customs duties at the nation’s seaports by 1.4 percent on Saturday…
Bandits Strike Again: Nine Killed, 35 Abducted Including Ex-CBN Director in Kaduna
Tragedy struck once more in Kaduna State as bandits unleashed terror in Kwasam community, Kauru LGA, and Gwada community, Igabi LGA, claiming the lives of at least nine individuals. Among…
Tinubu Approves N126bn For Housing Provision Nationwide
President Bola Tinubu has approved N126.5 billion for the delivery of a total of 100,000 houses nationwide in 18 months. This was disclosed by the Minister of Housing and Urban…
NUPRC Plans Relocation of Departments to Lagos Despite Abuja Headquarters Investment
The Nigerian Upstream Regulatory Commission (NUPRC) has announced its intention to move several departments and units from Abuja to Lagos, a decision that comes even after investing N70 billion in…
Umahi summons Dangote, BUA, Lafarge, others over rising cement prices
The Federal Government says that it has called for an urgent meeting with cement manufacturers over the escalating cost of the product in recent times. The Minister of Works, Dave…
FG summons Dangote, BUA, Lafarge, others over rising cement prices
The Federal Government says that it has called for an urgent meeting with cement manufacturers over the escalating cost of the product in recent times. The Minister of Works, Dave…
Trump Ordered To Pay $354m To New York For Lying To Banks
A US judge Arthur Engoron has ruled that former President, Donald Trump should pay nearly $355m (£281m) to New York state for lying about the values of his properties. Judge…
Town Planners Charge Tinubu to Obey Urban And Planning laws In The Execution Of Renewed Hope Estates And States
The National President, Nigerian Institute of Town Planners, Mr Nathaniel Atebije, has commended President Bola Tinubu on the recent ground breaking of the Renewed Hope Cities in Karsana a suburb…
Lagos State Government pays N138.1 billion accrued pension to over 34,000 retirees
The Lagos State Government has disbursed a total of N138.1 billion as accrued pension rights to 34,178 retirees since the introduction of the Contributory Pension Scheme (CPS) in 2007. Governor…
AEDC Identifies Reasons for Abuja’s Poor Electricity Supply
The Abuja Electricity Distribution Company (AEDC) has shed light on the recent spate of unstable power supply experienced in the capital city, attributing it to inadequate power allocation. In a…