The Federal government has revoked 1,633 mining titles over non-payment of annual service fees by the…
Category: Business/Economy
Bayelsa communities threaten to shut down oil production facilities
* Over alleged neglect Oil bearing communities in Bayelsa State have bemoaned prolonged delays in implementating…
Drug prices soar after GSK’s exit from Nigeria
A combination of hoarding and price gouging has sent drug prices to record highs following the…
Anxiety in FESTAC Town as FHA serves notice to demolish 677 houses
Residents of FESTAC Town in Amuwo Odofin Local Government Area of Lagos State are already panicky…
Abia govt denies splurging N927m on Gov Otti’s meals, welfare
* Confirms N397m for entire State The Abia State government has denied spending over N900 million…
Subsidy removal: Monthly revenue inflow now N1tr, says Finance Minister Wale Edun
* Up from N650m The Minister of Finance, Mr. Wale Edun, announced on Monday that monthly…
Lagos Dep Gov Hamzat denies reported N2bn allocation for fans, other items
* Says: My office got N2m only Office of the Deputy Governor of Lagos State has…
HURIWA condemns N5bn budget for Presidential Yacht, N18m for Christmas chickens
A notable civil society organization – Human Rights Writers Association of Nigeria (HURIWA) – has carpeted…
FX pressure continues as Naira falls to N1,140 per dollar
The pressure on the foreign exchange (FX) market continued on Monday as the Naira fell to N1,140…
ASI down 0.15% as Nigeria’s capital market begins trading week in red
Trading activities began in the Nigerian capital market on Monday with a 0.15 percent dip in…