Governor Sanwoolu Departs China To Complete Deal On Red Rail Line Project
In a bid to fulfill his promise of delivering a multimodal transportation system for the populace, Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday departed Lagos for Beijing, the Capital…
CBN warns forex dealers against market manipulation, threatens sanctions
The Central Bank of Nigeria (CBN) has warned authorized dealers to ensure that transactions in the forex market are conducted transparently and any form of price distortion leading to market…
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…
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…
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…
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…
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…
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…
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,…
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,…