Category: Business

New EFCC Chairman, Olukoyede, Explains How Nigeria Lost N2.9Trillion In 3 Years

The new Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says about ₦2.9 trillion meant for some government projects was diverted into...

20-Year-Old Varsity Student Commits Suicide After Lending Online Lover #500,000

A 20-year-old student of the University of Ilorin, Sanni Hameedat, reportedly committed suicide after lending a boy she met on the social media platform, Snapchat, the...

Again! Gov. Sanwo-Olu Reopens Another Sealed Popular Market

The Lagos State government has said that business activities would commence at the popular spare parts market, after its recent closure for various environmental...

JUST IN: FG Releases Date To Submit N26 Trillion As 2024 Budget

The Federal government is proposing N26 trillion as the 2024 budget which will be submitted to the national assembly before December 31. Atiku Bagudu, minister of...

Jubilation As Gov. Sanwo-Olu Reopens Popular Market In Lagos

The Lagos State Government has ordered the reopening of Mile 12 International Market after it was sealed on Friday, 13th October, 2023. The Commissioner for the...

Petrol Stations Shut Down As Scarcity Returns To Lagos, Environs

There were indications, yesterday, that petrol scarcity has returned to Lagos and its environs as many oil marketers shut their outlets against motorists and other...

More Details Emerge Over Nigeria To Seek Dollar Loan- IMF

The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise the currency if it considers a...

CBN Lifted Forever Restrictions On Importation Of 43 Items Implemented 8 Years Ago

The Central Bank of Nigeria (CBN) has lifted Forex restrictions on the importation of 43 items implemented 8 years ago. The 43 items include: Rice, cement, Margarine,...

Again! Lagos Set To Shut Down Train Services – Gov. Sanwo-olu Givss Reason

The Lagos government has announced it will shut down the blue rail line on October 14 and 15, 2023. Babajide Sanwo-Olu, Governor of Lagos State, who made the disclosure...

JUST IN: Panic As Petrol Price Hits N1000 Per Litre As Queue Returns

The crisis rocking the downstream sector of the petroleum industry went from bad to worse in Abuja, yesterday, as scarcity of Premium Motor Spirit (PMS) hit the Federal...