The Nigeria Customs Service (NCS) has intercepted fake NAFDAC-labelled medicines, illicit drugs and expired pharmaceutical products…
Category: Business/Economy
Minister Tegbe unveils reform blueprint to fix Nigeria’s power sector
The Minister of Power, Joseph Tegbe, has unveiled a comprehensive action plan aimed at stabilising and…
IPMAN threatens nationwide shutdown over attempt to regulate fuel price
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has threatened to shut down their filling stations…
TCN declares force majeure as Lagos flood knocks out Lekki, Oworonshoki substations
The Transmission Company of Nigeria (TCN) has declared force majeure on the Oworonshoki 132/33kV and Lekki…
World Bank okays $1.25bn loan for Nigeria, unveils 6-year growth strategy
The World Bank has approved a $1.25 billion Development Policy Financing (DPF) loan for Nigeria as…
EIB reveals €500m investment financing in Nigeria, more underway
The European Investment Bank (EIB) has disclosed that it signed more than €500 million in financing…
Minister Oyedele defends Nigeria’s borrowing under Tinubu’s govt
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, says the borrowing policy of…
Clearing agents demand suspension of ‘Green Tax’ on imported vehicles
The Association of Nigerian Licensed Customs Agents (ANLCA) has called on the Federal government to suspend the…
Lagos suffers power outage as EKEDP reports transmission level incident
A fresh power outage swept across large parts of Lagos on Sunday after Eko Electricity Distribution…
Hardship: Federal workers’ group insists on Monday protest
The Federal Workers Forum (FWF) has demanded an immediate upward review of the national minimum wage…