AfDB shows interest in funding Lagos rail projects
The African Development Bank (AfDB) Thursday pledged to work with the Lagos Metropolitan Area Transport Authority (LAMATA) to develop another rail line. This development which will boost the state…
NUJ backs proposed strike by Lagos-owned media workers
The Nigeria Union of Journalists, NUJ, Lagos State Council, has thrown its weight behind the proposed industrial action by workers of the Lagos State-owned media organisations. The proposed industrial action…
Telecom tariff increase could be 50% – Rewane
Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has said he expects that the proposed tariff hike by telecoms companies would be between 40 and 50 percent.…
Nigeria, China plan collaboration on military training, arms production
The Federal Government says it is deepening its security partnership with the People’s Republic of China for local arms production and military training. It says this forms part of…
Food production: Tinubu orders deployment of 10,000 tractors nationwide
In the quest to boost food production, President Bola Tinubu, on Thursday, mandated the National Agricultural Development Fund (NADF) to spearhead the deployment of 10,000 John Deere tractors across…
FBH shareholders plot to remove Otedola as chairman
The leadership crisis that has engulfed First Bank Holdings of Nigeria worsened on Wednesday, as a group of stakeholders called for the removal of its board chairman, Femi Otedola,…
Inflation may drop to 27% by December – Report
Nigeria’s inflation rate is projected to decline to 27.1 per cent by December 2025, according to the latest NESG-Stanbic IBTC Business Confidence Monitor report. This forecast offers a ray…
Man jailed two years for defrauding American of $345,000
A Federal High Court sitting in Abuja has sentenced one Chima Nkwocha also known as Young Billionaire to two years imprisonment for defrauding a United States citizen of $345,000.…
Sanwo-Olu signs N3.36tn 2025 Lagos budget
The Lagos State Governor, Babajide Sanwo-Olu, on Thursday, signed the N3.36trn 2025 appropriation bill into law. Sanwo-Olu gave his assent to the budget tagged ‘Budget of Sustainability’ at Lagos…
Many killed as gunmen attack Katsina villages
Gunmen reportedly killed many persons in attacks on members of the Katsina State Community Watch Corps and residents from various villages on Tuesday. Details of the attack emerged yesterday.…
