Business
Shippers Council Summons Meeting over 4,817 Export Containers Trapped at Lagos Port
Nigeria Shippers Council, NSC, has summoned stakeholders meeting over trapped 4,817 export containers at Lagos port. Following complaints by shippers...
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Interest Rate Hikes by CBN Cause 193.3% Increase in Borrowing Costs for Manufacturers
The combined borrowing costs of nine manufacturers in Nigeria rose by 193.3 percent within a year as a result of...
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Ikeja Electric Announces Tariff Reduction for Band A Customers
Ikeja Electric Distribution Company (IE) has announced the reduction of its electricity tariff for customers under Band A from N225/kWh...
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80% of Buildings in Lekki have No Approval- Lagos Commissioner
Lagos State Commissioner for Physical Planning and Urban Development, Dr Oluyinka Olumide, stated that 80 per cent of buildings in...
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Customs FX Rate for Import Duties Soars to N1,441.53/$
The exchange rate for customs duty collection has increased to N1,441.53 to the USD in the past two days from...
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Lagos GDP Grows to N41 Trillion within 4 Years
The Lagos State Government has revealed that its Gross Domestic Product, GDP, has moved from N27trn to N41 trillion within...
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Lagos-Calabar Coastal Highway: Landmark has No Claim to 250-Metre Shoreline – Umahi
The Minister of Works, Sen. David Umahi has stated that Landmark Africa has no claim to the 250-metre shoreline, which...
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TCN Reports 76.47% Decrease in National Grid Collapses in the Last 5 Years
The Transmission Company of Nigeria (TCN) has stated that, contrary to popular opinion, the occurrence of national grid collapses has...
Read moreLagos-Calabar Coastal Highway: FG Begins Payment of N2.75 billion Compensation to Affected Property Owners
The federal government on Wednesday May 1, 2024 (today), commenced the payment of N2.75 billion compensation to property owners impacted...
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Court Grants EFCC Order to Freeze 1,146 Bank Accounts
Justice Emeka Nwite of the Federal High Court Abuja has granted the Economic and Financial Crimes Commission (EFCC), an interim...
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