Naira down to N1,625/$ in NAFEM
The Naira yesterday depreciated to N1,625.13 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,625.13…
JUST IN: Again, NNPCL increases fuel pump price
The Nigerian National Petroleum Company Limited (NNPC Ltd) has raised the pump price of Premium Motor Spirit (PMS) to N1,030 per litre at various outlets in Abuja on Wednesday. This…
Nigerian Army Partners with Family Homes Funds to Boost Affordable Housing for Soldiers
The Nigerian Army, through its Post-Service Housing Development Limited (PHDL), has entered into a strategic partnership with Family Homes Funds Limited to enhance housing options for military personnel. This collaboration…
Lagos State Offers 15% Discount for Early Land Use Charge Payments
The Lagos State government has introduced a 15 percent incentive for property owners who pay their Land Use Charge (LUC) promptly and comply with the state’s property laws. This incentive…
CBN Faces Criticism After Fifth Interest Rate Hike in 2024
Businesses and economic analysts are growing concerned about the recent increase in interest rates by the Central Bank of Nigeria (CBN). The CBN's Monetary Policy Committee (MPC) has raised the…
Naira down to N1,685/$ in parallel market
The Naira yesterday depreciated to N1,685 per dollar in the parallel market from N1,660 per dollar on Monday. But the local currency appreciated to N1,561.76 per dollar in the Nigerian…
COPEN Group Transforming Lives, Empowering Youths with Skills as Amadeo Summit 3.0 Kicks Off in Enugu
The Amadeo Business Summit 3.0 has kicked off in Enugu, with COPEN Group, a major player in the housing industry, leading efforts to transform lives and empower youths with essential…
COREN Proposes N75,000 Monthly Stipend for Engineering Interns
The Council for the Regulation of Engineering in Nigeria (COREN) has proposed a N75,000 monthly stipend for engineering interns participating in the mandatory one-year post-graduation internship programme. The internship, required…
Nigeria Police grants N2 million aid to 347 Falomo barracks families for temporary relocation
The Nigeria Police Force has announced the provision of N2 million each to 347 families residing in the Falomo Police Barracks to assist with their temporary relocation due to the…
Ekiti Governor Warns Developers Against Building on Waterways Amid Flooding Concerns
Ekiti State Governor, Biodun Oyebanji, has cautioned developers against constructing on waterways, citing it as a major obstacle undermining the government’s efforts to control flooding in the state. The governor…