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Real Estate and Construction

Trade Fair Complex: Lagos issues two-week notice to regularise unapproved buildings

Legal & Regulations

Garuba Duku: Court jails ex-FCTA Director for 24 years over N318 million fraud

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OpenAI expands ChatGPT Go plan to 16 new Asian countries

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News about Companies, SMEs, Startups

Fuel subsidy: You can convert your 7.5kVA generator to run on gas for an average of N25,000

Fuel subsidy: Convert your 7.5kVA generator to run on gas for an average of N25,000

June 17, 2023

Nairametrics reported that using liquefied petroleum gas (LPG), commonly known as cooking gas, is a more cost-effective option compared to...

Lagos State says commercial sales of Eko Rice will commence in June

Business

Distressed buildings in Alaba International Market to be demolished on Monday – LASBCA

by William Ukpe

June 17, 2023

The Lagos state government revealed that it plans to demolish properties in Alaba International Market to “save lives”.

Oil theft: Nigerian Navy’s vigilance saves over N71.8 billion in oil assets from April 2022 – June 2023

June 17, 2023

The Nigerian Navy has reported that it made significant efforts between April 2022 and June 2023 to safeguard crude oil...

Business News

Asari Dokubo accuses military of being responsible for oil theft, opposes release of Nnamdi Kanu

by Chike Olisah

Prominent Niger Delta leader and former agitator, Mujahid Asari Dokubo, has accused the Nigerian army and navy of being behind...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

Business News

Court orders DSS to immediately grant Emefiele access to his lawyers, family members

by Chike Olisah

A Federal High Court sitting in Maitama, Abuja, has ordered the Director-General of the Department of State Security (DSS) and...

Fuel subsidy: Lawmakers vote against motion to suspend the alleged import license granted to Dangote Refinery

The Nigerian House of Representatives rejected a motion to suspend the purported license of Dangote Refinery as the sole importer...

Tinuibu’s new service chiefs, a good omen to the security architecture-Experts

Agriculture

Poultry farmers ask President Tinubu for “affordable access to grains” to boost food security

by William Ukpe

Nigeria’s Poultry Farmers urged the incoming administration to implement affordable access to grains for feed production to ease the cost...

Manufacturing

Tea-pickers in Kenya are Destroying Machines Meant to Replace them in Protest

by Aghogho Udi

Tea pickers in Kenya are protesting the automation of agribusiness and other challenges faced by workers.

Appointments

Meet Chinwe Iloghalu, the new Executive Director, Polaris bank

by Ngozi Ekugo

Polaris Bank has appointed Chinwe Iloghalu as one of the members of its executive leadership team as the bank’s Executive...

Nigeria-Morocco gas pipeline project advances as five African countries join MoU, expanding regional integration and energy security