NLC replies Tinubu, says Nigerians deserve results, not empty promises
The Nigeria Labour Congress (NLC) says the union is not after the job of President Bola Tinubu. Speaking in Lagos on Thursday, Tinubu had said it was unacceptable for…
Naira ends rally, depreciates to N1,600/$ at parallel market
The Naira, on Friday, reversed the appreciation trend at the parallel section of the foreign exchange market. The local currency depreciated by N100 or 6.67 percent to N1,600 per…
Hoodlums attack BUA truck, loot truckload of spaghetti
Hoodlums have attacked a truck owned by BUA Foods conveying cartons of spaghetti in the Dogarawa axis of Zaria-Kano Expressway. According to available information, the truckload of spaghetti in…
Telecoms subscribers seek extension of deadline for barring unlinked lines by 30 days
The National Association of Telecoms Subscribers (NATCOMS) has asked the Nigerian Communications Commission (NCC) to extend the deadline for blocking unlinked subscribers to March 31, 2024. The NCC had…
Tinubu reappoints Kenny Anuwe as CEO of FGN Power Company, names new management team
President Bola Tinubu has reappointed Kenny Anuwe, as the managing director (MD) and chief executive officer (CEO) of FGN Power Company Limited. In a statement by Ajuri Ngelale, special…
CBN revokes operational licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) Operators. The apex bank disclosed this in a statement on Friday by the…
JUST IN: Jose Peseiro quits as Super Eagles coach
AFCON 2023 silver winning coach, Jose Peseiro, has ended his reign as the Super Eagles’ manager. The Portuguese tactician and former forward disclosed this in a post on his…
MTN Nigeria posts N137bn loss in 2023 as naira devaluation exacts heavy toll
MTN Nigeria reported an after-tax loss of N137 billion in 2023 compared to profit after tax of N348.7 billion in 2022 on the back of huge foreign exchange impairments that…
Naira crash: FG fines Binance $10bn for ‘fixing exchange rate’
The federal government says it is demanding at least $10 billion as retribution from Binance for profiting from “its illegal transactions” in Nigeria. Bayo Onanuga, the special adviser on…
Residents barricade Kaduna-Abuja highway over kidnapping
Residents of Gonin-Gora in the troubled Chikun Local Government Area of Kaduna State on Thursday barricaded the Kaduna-Abuja Expressway protesting the abduction of unspecified number of people in the…
