A 12-hour period of heavy rainfall has sent many residents of Lagos State into panic mode on Monday, prompting an assurance from the Ministry of the Environment and Water Resources to allay their fears. According [CONTINUE READING]
Banks’ deposit with the Central Bank of Nigeria, CBN, rose sharply by 783.7 percent, year-on-year, YoY, to N79.8 trillion in the first seven months of the year (7m’25) from N9.03 trillion in the corresponding period [CONTINUE READING]
The naira returned to appreciation against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria exchange data showed that the Naira strengthened marginally to N 1,533.55 per dollar on Thursday, [CONTINUE READING]
First City Monument Bank has partnered with the Ministry of Finance Real Estate Investment Fund to launch a N10bn mortgage financing scheme aimed at making homeownership more accessible to Nigerians. The scheme offers home loans [CONTINUE READING]
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has faulted the decision of the Nigerian National Petroleum Company Limited (NNPCL) not to privatise the Port Harcourt Refining Company (PHRC). In a statement, PETROAN’s [CONTINUE READING]
The Natural Oil and Gas Suppliers Association of Nigeria has warned that the Dangote Petroleum Refinery’s plan to bypass existing distribution channels and supply refined petroleum products directly to end-users would lead to a nationwide [CONTINUE READING]
About 1.4 million Internally Displaced Persons (IDPs) in northeastern Nigeria are at the risk of starvation following the withdrawal of humanitarian funding by the United Nations (UN). The Cadre Harmonisé Food and Nutrition Insecurity Analysis, [CONTINUE READING]
Prominent African businessman and philanthropist, and Group Chair of Heirs Holdings, Tony Elumelu, has called on African governments and private sector leaders to prioritise resilient infrastructure, human capital development, and green assets to drive the [CONTINUE READING]
The Enugu State Police Command has intensified its fight against violent crimes with the arrest of thirteen male suspects involved in conspiracy, armed robbery, unlawful possession of firearms, and cult-related activities. These arrests, made during [CONTINUE READING]
Former presidential candidate Reno Omokri has alleged that TV anchor Rufai desperately wants to have a sex change surgery. According to him, Rufai is currently unmarried and has no girlfriend at the age of 45, [CONTINUE READING]
The apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, has urged former Secretary to the Government of the Federation, Babachir Lawal, and other Northern politicians to refrain from misinforming Nigerians and distracting the Minister of Works, Senator [CONTINUE READING]
Governor Uba Sani of Kaduna State has suggested that nobody can claim to fight for justice or the poor while at the same time paying bandits. Sani revealed that instead of compensating the perpetrators of [CONTINUE READING]