AEDC’s Warning: Aso Rock and 85 Others Face Disconnection Over N47 Billion Debt
The Abuja Electricity Distribution Company (AEDC) has issued a stern warning to 86 government agencies, including the presidential villa, ministries, departments, and agencies (MDAs), urging them to settle outstanding debts…
BREAKING: Manufacturers list conditions to slash rising cement price
Cement Manufacturers have agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide. However, the manufacturers stated that the price…
Umahi issues 14-day termination notice to CECC for subpar work on Enugu-Port Harcourt highway
David Umahi, the Minister of Works, has issued a directive for a 14-day termination notice to be served to Messrs. China Civil Engineering Construction (CECC), the contractor responsible for the…
Wike Issues Ultimatum To Abuja Technology Village Land Encroachers
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has issued an ultimatum to persons who illegally erected structures at the Abuja Technology Village to relocate or risk facing…
New FMBN CEO Pledges Transparent Leadership, calls for support of stakeholders
The Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi, has pledged that his leadership will be anchored on transparency and innovation, calling for collaboration and support for…
Gunmen Kill Plateau APC Spokesman, Other
Namang and one other were reportedly shot dead at a pub in the Pankshin Local Government Area of Plateau State, north-central Nigeria. Gunmen have killed the Publicity Secretary of the…
Cement Price, Cost of Building Materials, Force Developers to Abandon Projects Nationwide
Estate developers are facing mounting challenges in meeting project deadlines as exchange rates soar, impacting the entire real estate sector. Those with contracts featuring variation clauses find themselves grappling with…
Rising Cost Of Living: BUA Announces 50% Salary Increment For Staff
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across the board. Rabiu made the disclosure in an internal…
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…