Naira down to N1,585/$ in parallel market
The Naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,565 per dollar on Tuesday. Similarly, the Naira depreciated to N1,546 per dollar in the Nigerian Foreign…
Lagos GDP Reaches $259 Billion, Now Africa’s Second-Largest Economy
Lagos State’s Gross Domestic Product (GDP) has reached $259 billion, based on Purchasing Power Parity (PPP), positioning it as Africa’s second-largest economy. This announcement was made on Wednesday during the…
Wike Reveals Why Babangida Built Abuja’s International Conference Centre
The Federal Capital Territory Minister, Nyesom Wike, has disclosed the true reason behind the construction of Abuja’s International Conference Centre. According to Wike, former military Head of State Ibrahim Babangida…
Lagos Unveils 2025 Economic Development Update, Targets Revenue Growth
The Lagos State Government has launched the 2025 Lagos Economic Development Update to strengthen fiscal sustainability, revenue mobilisation, and economic resilience. Commissioner Ope George emphasised that the report aligns with…
Wike Confirms 80% Progress on N39 Billion Renovation as Abuja Conference Centre Nears Completion
The Minister of the Federal Capital Territory, Nyesom Wike, has said the FCT Administration (FCTA) is spending N39 billion on rehabilitating the Abuja International Conference Centre, which is now 70%…
Trump Administration Halts $1 Billion Affordable Housing Program, Putting Thousands at Risk
The Trump administration has halted a $1 billion program designed to preserve affordable housing, threatening thousands of low-income housing projects. This decision is part of broader funding cuts and freezes…
Kogi Residents Urged to See Land Use Charge as an Investment in the State
The Chairman of Kogi State Internal Revenue Service (KGIRS), Sule Salihu Enehe, has emphasized that the newly implemented Land Use Charge is more than just a levy. It is a…
Housing Ministry to Launch ‘Uber for Artisans’ Platform for Skilled Workers
The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has announced plans to create an online platform for artisans. This initiative aims to enhance the visibility, accessibility, and…
Fubara Denied Entry to Rivers Assembly, Blocked from Presenting Budget
Governor Similanayi Fubara of Rivers State has been locked out from the Port Harcourt Aba road temporal Rivers State House of Assembly Complex where he was to present the 2025…
Fire Guts Alesinloye Market in Ibadan
An early morning fire at Alesinloye Market, Ibadan Southwest, destroyed goods worth millions, leaving traders devastated. Eyewitnesses praised the swift response of Oyo State Fire Service, alongside SUMAL and SWEETCO…