JUST IN: Passengers flung into lagoon as bus crashes on Third Mainland Bridge
Two passengers have been reportedly flung into the lagoon in a fatal crash on Third Mainland Bridge in Lagos on Wednesday. The accident, according to the National Emergency Management Agency,…
Lagos market fire: Four buildings collapse, activities suspended
The Lagos State government has ordered the immediate suspension of commercial activities in Dosunmu Street and its immediate environs on Lagos Island. The order followed the fire incident which engulfed…
UBA’s gross earning rise 143% to N2trn in FY2023
United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023, showing exceptional and impressive performance across all its major…
JUST IN: Fire razes building at Lagos market
A blaze erupted at a two-storey building within Dosunmu Market, located in the Lagos Island Local Government Area of Lagos State, reportedly around 11:10 a.m. on Tuesday. Lagos State…
CBN orders banks to wind down forex-backed loans within 90 days
The Central Bank of Nigeria on Monday stepped up its fight to boost foreign exchange liquidity in the economy with a new circular mandating Deposit Money Banks to stop…
Naira appreciates to N1,120 per dollar at parallel market
The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a decrease of 9.67 percent…
GTCO’s profit rises 184% to N609bn in FY2023
Guaranty Trust Holding Company Plc has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2023 to the Nigerian Exchange Group and London Stock…
JUST IN: FG extends Eid-el-Fitr public holiday by one day
The federal government has approved Thursday, April 11, as additional public holiday to celebrate this year’s Eid-el-Fitr. The announcement was made on Tuesday in Abuja, in a statement by the…
JUST IN: Obaseki appoints 38-year-old Omobayo Godwins as Edo deputy governor
Governor Godwin Obaseki of Edo State on Monday morning appointed Omobayo Marvellous Godwins as his deputy. This is coming hours after the Edo State House of Assembly impeached the former…
Tariff hike: National blackout looms as electricity workers threaten to withdraw services
The leadership of the National Union of Electricity Employees (NUEE), on Sunday demanded a reversal of the recent increase in electricity tariffs. The union, through a statement by its…
