EU invests €3billion in Nigeria annually, generating 160,000 jobs – Ambassador

Nigeria-EU bilateral trade hits €45 billion The European Union Council allocates over €3 billion in investment annually into the Nigerian economy and provides 160,000 jobs- reinforcing its commitment to a

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Lagos State to begin demolition of illegal building extensions, attachments in 2 weeks

The Lagos State Government has disclosed its intention to start removing illegal building extensions and attachments across the State within the next two weeks.   Dr. Oluyinka Olumide, the Commissioner

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Breaking: Airtel Africa to buy back $100 million worth of its shares starting March

Telecommunications group, Airtel Africa, has announced plans to buy back $100 million worth of its share from the market.   The company, listed on the Nigerian Stock Exchange, disclosed this

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Sanwo-Olu says Red Line rail project will be commissioned in weeks  

The Governor of Lagos State has assured that the Red Line Rail Project, covering the distance from Agbado to Otto, will be commissioned in a matter of weeks. Sanwo-Olu, who

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Accelerator for mid-stage African entrepreneurs announces the opening of 2024 application cycle

Now in its fifth year, Cascador has successfully elevated dozens of entrepreneurs and their companies through a unique blend of education, mentoring, pitch training, and personalized support, driving over USD

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EFCC exposes religious sect laundering money for terrorists

EFCC exposes religious sect laundering money for terrorists   Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the agency has uncovered a religious sect

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Femi Otedola appointed as new chairman of FBN Holdings 

FBN Holdings Plc, a leading financial institution in Nigeria, has announced the appointment of Mr. Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors. This appointment,

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Naira Fall: CBN orders banks to sell excess dollars in 24 hours

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1,

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Anger, misery rise across Nigeria as naira freefall worsens

With the gains of a market exchange rate still a mile off, it’s all pain and more pain for Nigeria.   The level of anger and misery is rising around

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Bandits Kidnap Federal Housing Authority Director Close To Military Camp In Abuja

Bandits, on Thursday, abducted a director in Federal Housing Authority, Federal Capital Territory, identified as Aondo Ver, from his home, during an attack about 200 metres close to a military

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