The Lagos State House of Assembly is preparing to replace the existing 37 Local Council Development Areas (LCDAs) with newly designated Administrative Areas. The 37 LCDAs were created by President…
In line with the electoral laws the Independent National Electoral Commission (INEC) has officially announced the date for the Anambra State Governorship Election. It said the election will be held…
Tragedy struck in Benin, Edo state following the explosion of a CNG powered vehicle at NIPCO filling station. According to videos making round on social media, the vehicle was vividly…
The Central Bank of Nigeria (CBN) facilitated the remittance of approximately $600 million through International Money Transfer Operators (IMTOs) in one year, the apex bank Governor, Olayemi Cardoso broke the…
The World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long period and may…
The Central Bank of Nigeria, CBN, has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth $2.4bn. The CBN Governor, Olayemi Cardoso, disclosed…
The Minister of Power, Adebayo Adelabu, says there is a need to have power grids in different regions or states to put an end to incessant grid collapses. The minister…
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator…
The Governor-elect of Edo State, Senator Monday Okpebholo, on Wednesday, told banks and other financial institutions to avoid approving loans to any government official in the outgoing Godwin Obaseki-led administration.…
Thomas Tuchel was named England’s new manager on Wednesday, with the German set to start on January 1, 2025. The 51-year-old, who has been out of work since leaving Bayern…