Lagos-Calabar highway: FG commences payment of N2.7bn compensation to affected property owners
The federal government has commenced the payment of compensation to some property owners affected by the construction of the Lagos-Calabar coastal road project. David Umahi, minister of works, at…
Naira drops to N1,370/$ at parallel market, gains marginally at official window
The naira declined to N1,370 against the dollar at the parallel section of the foreign exchange (FX) market on Wednesday. This represents a 1.48 percent depreciation from N1,350 traded…
Coastal highway: Umahi chides Obi, says he’s inciting south-east people against FG
Minister of Works, David Umahi says Peter Obi, former governor of Anambra, is inciting people of the south-east against the federal government over the Lagos-Calabar coastal road project. Umahi…
Biggest mess created in 2023 was devaluation of naira – Dangote
Aliko Dangote, chairman of Dangote Industries Limited, says the devaluation of naira created the biggest mess for the company in 2023. Dangote spoke on Tuesday during the annual general…
School boy killed in London sword attack named as 14-year-old Daniel Anjorin
The teenage boy who died in the Hainault sword attack in north-east London has been identified as 14-year-old Daniel Anjorin. Police said Anjorin died from stab wounds shortly after…
Presidency releases video to back claim on Maersk’s $600m investment
The presidency, on Wednesday, released a video to back its claim on securing a $600 million investment commitment from A.P Moller-Maersk, a Danish shipping company. In the video, Keith…
Lagos clears 86-room squatter camp under Dolphin bridge where occupants pay N250k each
The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, on Wednesday, said the government discovered an apartment under the Dolphin Estate Bridge, Ikoyi, where tenants pay N250,000…
Francis Ngannou loses 15-month-old son… Anthony Joshua, Pacquiao, McGregor offer condolences
Anthony Joshua, Manny Pacquiao and Conor McGregor led the tributes after Francis Ngannou’s 15-month-old son tragically died. The former UFC champion-turned-heavyweight boxer revealed the devastating news on social media.…
Fuel queues will be cleared by Wednesday, says NNPCL
The Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out by Wednesday, May1. Mr Olufemi Soneye, Chief Communications Officer,…
NCDMB receives N450m interim dividend from Waltersmith modular refinery
The Nigerian Content Development and Monitoring Board (NCDMB) has announced that it had received an interim dividend payment of N450 million out of the N1.5 billion declared by the…
