The Federal High Court in Abuja has advised Dantata & Sawoe Construction Company Nigeria Limited to take seriously its $1.4 million settlement terms over an alleged debt of $1,257,592.83 owed …
Nigeria
-
BusinessGOVERNMENTNigeria
-
EnvironmentGOVERNMENTInfrastructureNigeria
Lagos Government Blames Flash Flooding on Rising Tides from Ocean and Lagoon
The Lagos State Government has explained that the recent flash floods in many parts of the city were caused by a natural event known as tidal lock-up. This happens when …
-
AgricultureDevelopmentEconomyEthiopiaFood ProductionNigeriaPoliciesSecurity
Nigeria’s Food Crisis Deepens as Ethiopia’s Grain Success Offers a Roadmap
While Nigerians continue to battle hunger and high food prices, experts say the country can learn valuable lessons from Ethiopia’s agricultural transformation. Ethiopia has successfully moved from being a net …
-
The International Monetary Fund (IMF) says Nigeria can make real progress if it increases its revenue, builds a better national budget system, and expands its cash transfer programme to help …
-
Banking, Finance & InvestmentDigital EconomyFinance & ServicesNigeria
CBN Clears Air on NRBVN Charges, Says No Hidden Fees for Bank Verification Number
The Central Bank of Nigeria (CBN) has dismissed claims of hidden charges in the Bank Verification Number (BVN) process, assuring Nigerians that the enrolment remains free for residents in the …
-
A prominent member of the Tinubu-Shettima Presidential Campaign Council and former Commissioner for Finance in Kaduna State, Hon. Ismail Aliyu Makarfi, has officially resigned his membership of the All Progressives …
-
Banking, Finance & InvestmentEconomyInsuranceINVESTMENTManufacturing & Consumer GoodsMarketsNigeria
NGX Opens Week Strong with N193bn Gain
The Nigerian stock market started the week with a positive push, as the Nigerian Exchange Limited (NGX) recorded a significant boost on Monday, July 7, 2025. The All-Share Index (ASI) …
-
BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
-
ELECTRICITYEnvironmentInfrastructureNigeria
Storm Damages IBEDC Infrastructure, 40 Ibadan Communities
About 40 communities in Ibadan, Oyo State, have been thrown into darkness after a windstorm destroyed major electricity infrastructure belonging to the Ibadan Electricity Distribution Company (IBEDC). This marks the …
-
At least ten Nigerian states have collectively raised their domestic debt stock by ₦417.7 billion within a year, despite receiving increased monthly revenue from the Federation Account Allocation Committee (FAAC), …