The Lagos State Ministry of Environment’s Monitoring, Enforcement, and Compliance Department demolished a restaurant structure located on a drainage setback along Ademola Tokunbo Street, Victoria […]
Category: Economy
Economy
Amnesty International Urges Nigeria to Halt Evictions in Lagos Waterfront Communities
A human rights organization, Amnesty International, has urged the Federal Government to retract a 21-day eviction notice issued to waterfront communities in Oworonshoki, Lagos, by […]
EFCC Probes 50 Bank Accounts, Recovers N30 Billion in Ministry Scandal
The Economic and Financial Crimes Commission (EFCC) is investigating 50 bank accounts in connection with alleged scandals in the Ministry of Humanitarian Affairs and Poverty […]
CBN Bans Use of Foreign Currencies as Collateral for Naira Loans
The Central Bank of Nigeria took a significant step on Monday to bolster foreign exchange liquidity by issuing a new circular instructing Deposit Money Banks […]
EFCC Launches Probe into Suspected Petroleum Product Dealers in Uyo Zone
The Uyo Zonal Command of the Economic and Financial Crimes Commission (EFCC) has initiated an investigation into the alleged illegal activities of eight suspected petroleum […]
CBN Bars Foreign Currency as Collateral for Naira Loans in Major Policy Shift!
The Central Bank of Nigeria (CBN) has issued a circular prohibiting the use of foreign currency (FCY) as collateral for Naira loans, signaling a significant […]
Governor Aiyedatiwa Kickstarts Federal Government Palliative Distribution to Ondo Farmers!
Ondo State Governor, Lucky Aiyedatiwa, has initiated the distribution of Federal Government palliatives to farmers in the state. The distribution, involving 40 trailers of grains, […]
Binance Official Remanded in Kuje Prison Over Money Laundering Charge
The Federal High Court sitting in Abuja, on Monday, remanded a top official of Binance Holdings Limited, Tigran Gambaryan, in Kuje prison. Trial Justice Emeka […]
Former CBN Governor Emefiele Remanded by Lagos Court for Alleged Abuse of Office
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, was remanded in the custody of the Economic and Financial Crimes Commission (EFCC) following his arraignment […]
TCN Transmits 3,009MW Despite Tariff Adjustments
The Transmission Company of Nigeria (TCN) transmitted 3,009MW to the 11 electricity Distribution Companies (DisCos) on Sunday at 17:39 hour, despite the Nigerian Electricity Regulatory […]