The Lagos State Government has officially restricted working hours on all building construction sites across the state to between 7am and 6pm, Mondays to Saturdays, as part of efforts to …
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Modular Refiners Kick Against Exclusion from FG’s Naira-for-Crude Deal Talks
The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …
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Tinubu Approves New Procurement Thresholds to Reduce Delays, Reflect Inflation
The Federal Government has introduced new procurement thresholds for public contracts in Ministries, Departments, and Agencies (MDAs), aiming to reduce bureaucratic delays and align processes with Nigeria’s current economic realities. …
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Nigeria’s Inflation Rate Drops Slightly to 23.71% in April, But Many States Still Struggling
Nigeria’s inflation rate dropped slightly to 23.71 per cent in April 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). This …
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Nigerian Airlines Struggle to Compete in N8 Trillion International Market Due to Low Capacity
Nigerian airlines are currently missing out on a major opportunity to earn revenue from the international air travel market, which is estimated to be worth over N8 trillion. The main …
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Lagos Moves to Tackle High Rent, Housing Shortage With Monthly Payment Plan
The Lagos State Government has stepped up efforts to tackle the rising housing crisis across the state, especially as many low- and middle-income earners continue to struggle with skyrocketing rents. …
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EFCC Removes Elie Bitar from Wanted List Over CBEX Fraud After Fresh Findings
The Economic and Financial Crimes Commission (EFCC) has officially removed a foreign national, Elie Bitar, from its wanted list after previously linking him to a suspected fraud involving a platform …
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UK Government Praises Tinubu’s Reforms, Says Nigeria Now Attracting More British Investors
The United Kingdom has expressed strong support for Nigeria’s economic direction under President Bola Ahmed Tinubu, saying that the reforms introduced by his government are building investor confidence and positioning …
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South African Rand Gains Slightly as Ramaphosa Confirms Meeting with U.S. President
The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …
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World Bank Faults FG’s Cash Transfer Scheme, Says Millions of Poor Nigerians Left Out
The World Bank has raised concerns over the Nigerian government’s Conditional Cash Transfer (CCT) programme, saying it has failed to reach millions of vulnerable citizens it was meant to support. …