SANWO-OLU ASSURES INVESTORS OF CONDUCIVE BUSINESS ENVIRONMENT IN LAGOS
•Oyetola, Ambrose-Medebem others roll out initiatives to attract, retain investments Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday reiterated his administration's commitment to continuously create...
NIGERIA’S GDP ROSE BY 3.19% IN Q2’24 – NBS SAYS
The National Bureau of Statistics (NBS) reported that Nigeria's Gross Domestic Product (GDP) increased by 3.19% in the second quarter of 2024. In its Q2...
#EndBadGovernance PROTESTS WILL SPUR REFORMS – BAGUDU ADMITS
The Federal Government has acknowledged that the recent wave of protests by aggrieved Nigerians demanding an end to bad governance has compelled its officials to...
BREAKING: DATA PROTECTION COMMISSION, NDPC FINES FIDELITY BANK N555.8M FOR DATA BREACH
The National Data Protection Commission (NDPC) has fined Fidelity Bank a total sum of N555.8 million for infractions relating to breaches of its customers’ data....
NAIRA SLUMPS TO N1,600/$ IN PARALLEL MARKET
From N1,590 per dollar last weekend to N1,600 per dollar on Tuesday, the Naira depreciated further in the parallel market. In contrast, the Nigerian Autonomous...
CBN RECORDS HIGHEST REMITTANCE INFLOWS OF $553M FOR JULY 2024
The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a 130 percent increase from...
NNPCL REFUTE CLAIMS OF $6.8 BILLION DEBT TO INTERNATIONAL TRADERS
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims that it owes international traders $6.8 billion. In a statement issued on Sunday, August 18,...
LCCI REACTS TO JULY 2024 INFLATION RATE, CALLS FOR SUSTAINED POLICY INTERVENTIONS
The Lagos Chamber of Commerce and Industry (LCCI) has responded to the latest inflation data released by the National Bureau of Statistics (NBS), which shows...
JUST IN: CBN REINTRODUCES PUBLICATION OF KEY ECONOMIC REPORTS, REITERATES COMMITMENT TO TRANSPARENCY
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the...
UPDATE: FG TAKES DELIVERY OF 60 LOCALLY-ASSEMBLED CNG HYBRID BUSES
The Federal Government has received sixty compressed natural gas (CNG) hybrid buses that were constructed locally. Under the Presidential CNG Initiative, Jet Motor Company supplied...