Justice K. Dagat of the Federal High Court in Maiduguri, Borno State, has convicted and sentenced three illegal Bureau-de-Change (BDC) operators to one year imprisonment […]
Category: Business
Business
CBN Resumes Forex Sales to BDC Operators After Four-Month Break, Injects $122.67 Million to Stabilize Market
The Central Bank of Nigeria (CBN) has resumed forex sales to Bureau De Change (BDC) operators after a four-month hiatus, injecting $122.67 million into the […]
Swift Action to Tackle Food Inflation, Says Agriculture Minister
Minister of Agriculture and Food Security, Abubakar Kyari, announced an emergency plan to curb rising food prices and ensure food security. The plan includes a […]
FUTA Non-Teaching Staff Protest for Release of Withheld Salaries
Non-teaching staff members at the Federal University of Technology, Akure (FUTA) have staged a peaceful protest demanding the release of their four months’ withheld salaries […]
Petrol Scarcity Spreads to Lagos, Prices Surge Amid Long Queues
The petrol scarcity that began six days ago in the Federal Capital Territory (FCT) has now spread to Lagos, causing motorists to endure long waits […]
High Airfares Soar as Nigerian Airlines Struggle with Fleet Reduction
A reduction in serviceable aircraft among Nigerian carriers has led to a significant increase in domestic airfares, with one-hour flights now costing between N92,000 and […]
74 Contractors Compete for Street Light Maintenance in AMAC, FCT
Seventy-four contractors are vying for the contract to maintain and provide street lights in the Abuja Municipal Area Council (AMAC) area of the Federal Capital […]
FIRS Chairman Urges States to Brace for Upcoming Tax Reforms
Federal Inland Revenue Service (FIRS) chairman, Zacch Adedeji, has called on state governments to prepare for imminent tax reforms. Speaking at the 155th Meeting of […]
Government Denies Importation of Dirty Fuel, Affirms Regulatory Measures
The Federal Government of Nigeria has refuted claims of importing dirty fuel into the country, following recent allegations by an official from Dangote Petroleum Refinery. […]
Adamawa State NDLEA Confiscates 4.7 Tons of Drugs and Arrests 454 Suspected Dealers
The Adamawa State Command of the National Drug Law Enforcement Agency (NDLEA) has announced significant progress in its fight against drug trafficking. From June 2023 […]