Inter-city bus fares rise by over 20% – NBS
The average fare paid by air passengers for specified routes on a single journey was up by 20.53 per cent year-on-year to N89,975.68 in January 2024 from N74,648.65 in the corresponding period of 2023.
This...
Coastal highway: No compensation for property without permit after demolition – LASG
The Commissioner for Physical Planning and Urban Development in Lagos State, Dr. Olumide Oluyinka, has said only properties with planning approvals will be compensated for demolition in the construction of the Lagos-calabar coastal road.
He...
NGX Group GMD, Temi Popoola Elected Chairman of CSCS
The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX Group), Mr. Temi Popoola, has been elected Chairman of Central Securities Clearing System (CSCS) Plc, effective April 1, 2024; succeeding Mr. Oscar Onyema,...
Firm Partners Israeli Experts to Establish Dairy Farm in Abia
Abia State is set to attract an ultra modern dairy farm and milk processing plants, the first of such project in the South East zone.
Already a proposal for the establishment of the project has...
FBN Holdings to Seek Dhareholders’ Approval for N300bn Fresh Capital
FBH Holdings Plc, yesterday said it will be seeking shareholders’ approval to raise N300 billion via private placement in additional capital at the group’s Extraordinary General Meeting (EGM) scheduled for this month.
The group in...
Nigeria, AU Set to Develop National Blue Economy Strategy
The federal government in collaboration with the African Union (AU) through the African Union – Interafrican Bureau for Animal Resources (AU-IBAR) is set to develop a national Blue Economy Strategy for Nigeria.
This was revealed...
W’Bank Projects 3.3% Growth for Nigeria in 2024, 3.4% for African Economies
Chigozie Amadi
The World Bank has predicted that West Africa’s biggest economy, Nigeria would grow at 3.3 per cent this year, below its long-term average.
Also, it forecasted that economies in Sub-Saharan Africa would post a...
Finance Minister: FG Has Paid N4.83 Trillion of Ways and Means Advances
•List three areas of focus to grow economy
CHIGOZIE AMADI
The federal government used part of the Nigerian Treasury Bills (NTBs) and Bonds issued in 2024 to pay down
Ways and Means advances from the Central Bank...
Relocation: Lagos terminates multibillion-naira Kantagua market construction contract
The Lagos State Government has terminated the contractual relationship with Bridgeway Global Project Limited on the development of the Kantagua Market.
The Special Adviser to the Lagos State Governor on e-GIS and Urban Development, Dr...
‘Nigerians should utilise mortgage financing to tackle housing deficit’
The Manager of Aridan Homes and Properties, Mrs Gift Akande, has urged Nigerians to explore mortgage financing to have the house of their dream and bridge the housing deficit.
Akande stated that seeking a mortgage...
