Justice Ambrose Lewis-Allagoa of the Federal High Court has dismissed a suit filed by the Registered Trustees of the Auto Spare Parts and Machinery Dealers Association (ASPMDA) against the Lagos State government and the Inspector General of Police (IGP). The Read more…
Nigeria’s mining sector is standing at a critical crossroads at one where capital market innovation meets the urgent call for indigenous ownership and sustainability. At the ongoing Nigeria Mining Week 2025 in Abuja, experts and policymakers agreed that while Nigeria’s Read more…
The Naira yesterday depreciated further to N1,505 per dollar in the parallel market from N1,495 per dollar on Tuesday. However, the Naira appreciated to N1,427.5 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank Read more…
Russia is suspected of being behind the cyber attack that forced Jaguar Land Rover (JLR) to stop production, The Telegraph can reveal. The scale of the attack and the economic damage inflicted have raised suspicions that the hackers were acting on behalf of Read more…
The management of Dangote Petroleum Refinery has vehemently denied reports that it is importing dirty and high-sulfur finished petrol (PMS) into Nigeria, describing the reports as false, malicious, and misleading. The Management, in a statement, revealed that it processes a Read more…
The Central Bank of Nigeria (CBN) has imposed a N20 million fine on any super agent, financial institution, or entity that alters its ownership structure without securing prior approval from the apex bank. This sanction, contained in the Guidelines for Read more…
President Bola Tinubu has requested the approval of the House of Representatives for new external borrowing and debt refinancing totalling $2.3 billion. The request comes with another for the issuance of a $500 million debut sovereign Sukuk in the international Read more…
From Ijeoma John, Nnewi The favorite popular candidate in the fast approaching November 8,2025 Governorship election,Prince Nicholas Ukachukwu, of the All Progressives Congress (APC) has emphasized on his commitment to restoring security and confidence of the citizens in good governance Read more…
Socio-Economic Rights and Accountability Project (SERAP) has asked the 36 state governors in Nigeria and the Minister of the Federal Capital Territory, Mr Nyesom Wike to without further delay disclose the spending details of the estimated N14 trillion fuel subsidy Read more…
The non-release of funds by the executive for the funding of many capital projects captured in the 2024 Budget is causing disquiet among some members of the Senate and the House of Representatives Despite the perceived cordial relationship between the current Read more…
Controversy has continued to trail the recent installation of Pastor Josephine Ibhaguezejele by the Iyaloja-General of Market Women Association, Mrs Folashade Ojo-Tinubu, as the Iyaloja of Edo State, a title that literally means head of markets in the state. The Read more…
Forex speculation is at all time low as the gap between the official and parallel market rates has significantly dropped. The naira, which has sustained rally across markets in recent months, trading at N1,460/$ at the parallel markets, and N1,475/$ at Read more…