Landmark Beach in talks with FG, LASG to modify Lagos-Calabar Highway route to protect business operations
Landmark Beach Resort’s management has initiated negotiations with federal and state governments and interest groups to adjust the initial 1.5 km segment of the Lagos-Calabar Coastal Highway, proposing to redirect…
Naira Strengthens to N1,245/$ in Parallel Market Amidst Market Fluctuations
In a mixed performance, the Nigerian Naira showcased resilience in the parallel market while facing challenges in the official market. The Naira appreciated to N1,245 per dollar in the parallel…
Federal Government Unveils Groundbreaking National Identity Card with Payment Features
In a strategic move aimed at revolutionizing social and financial services, the Federal Government of Nigeria has joined forces with the National Identity Management Commission (NIMC), the Central Bank of…
Minister of Works Disappointed with Progress on Akure-Ikere-Ado Road Construction
The Minister of Works, Dave Umahi, voiced his disappointment regarding the current status of the ongoing construction of the Akure-Ikere-Ado road. Expressing dissatisfaction with the level of work completed thus…
EFCC Set to Arraign Godwin Emefiele in Lagos Court
The Economic and Financial Crimes Commission (EFCC) is gearing up to arraign the former Central Bank of Nigeria Governor, Godwin Emefiele, on Monday, April 8, 2024, at the Ikeja State…
Reserve Bank of Zimbabwe Introduces New Currency ZiG Backed by Gold and Foreign Reserves
In a significant move to stabilize Zimbabwe's economy, Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu unveiled plans for the introduction of a new currency, ZiG (Zimbabwe Gold). The announcement…
Wike Sacks Integrated Facilities as Manager of International Conference Centre
The FCT minister, Nyesom Wike, has terminated, with immediate effect, the contract of Messrs Integrated Facility Management Services Ltd for the management of the International Conference Centre, Abuja. A statement…
NERC fines AEDC N200m for overcharging customers, orders refund
The Nigerian Electricity Regulatory Commission (NERC) has fined Abuja Electricity Distribution Plc (AEDC) N200 million over tariff violations after overcharging customers. In a statement on Friday, NERC said AEDC must…
AEDC Apologizes for Incorrect Charges Amid Tariff Adjustment
The Abuja Electricity Distribution Company Plc (AEDC) has issued an apology to customers affected by erroneous charges following a system glitch. The glitch occurred as a result of the reclassification…
UK Increases Skilled Worker Visa Salary Threshold to £38,700 to Cut Migration
The United Kingdom government has raised the general salary threshold for individuals arriving in the UK on a Skilled Worker visa from £26,200 to £38,700. This move, according to Home…