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EFCC detains Cubana Chief Priest ahead of arraignment today
The Economic and Financial Crimes Commission has detained businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, preparatory to…
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Nigeria’s FX reserves dip by over $2bn in one month, lowest in 6 years
Nigeria’s foreign exchange (FX) reserve has plunged by approximately $2.16 billion in 29 days, amidst the Central Bank of Nigeria’s (CBN) robust efforts to stabilise the naira.
Current…
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IMF reviews Nigeria’s economic growth to 3.3%
The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three per cent to 3.3 per cent.
This revision was…
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FG allocates 8,925 affordable houses
The Federal Ministry of Housing and Urban Development (FMHUD) says it has concluded plans to allocate 8,925 residences to deserving applicants nationwide through the national housing…
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Tinubu eyes $4bn annual savings from reduced bureaucracies
President Bola Tinubu on Tuesday said Nigeria stands to benefit about $2.7bn annually by implementing the Single Window Project.
He also noted that the project…
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Equities market posts biggest loss in April as investors lose N1.1trn
The Nigerian Exchange (NGX) market capitalisation recorded the biggest loss in the month of April with investors losing N1.1trn.
For eight consecutive trading days, the Nigeria bourse…
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NDLEA destroys 304,436kg of illicit drugs in Lagos
The National Drug Law Enforcement Agency, on Tuesday, destroyed a total of 304,436kg kilograms and 40,042 litres of illicit substances seized from parts of…
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Bremen suspend and fine Keita for strike
Werder Bremen on Tuesday suspended Naby Keita “until the end of the season” and handed the midfielder “a substantial fine” after he refused to play against Bayer Leverkusen on Sunday.…
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Marketers excited as Dangote slashes diesel price to N1,000/litre
The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of Automotive Gas Oil, popularly called diesel.…
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ILO canvasses investment in care initiatives
The International Labour Organisation has said that investment in care policies can create millions of jobs.
The ILO, in its latest report titled ‘Care at Work:…
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