The naira exchanged at 1,185/$ on Wednesday at the parallel market, as liquidity challenge persisted, according to some Bureau de Change Operators. Some BDC operators who spoke to The PUNCH, said this was a slight improvement from 1,190/$ traded on Tuesday, …

• Lack of supply to Dangote shameful, says FG, minister blames low production The failure to supply crude oil to domestic refineries, including the multi-billion dollar Dangote Refinery, has stalled the production of refined petroleum products at the facilities. This …

Napoli celebrated Victor Osimhen’s eight place finish at the Ballon d’Or on Monday, which made him their player to make the top 10 of the rankings, reports football-italia.net. The Nigerian international significantly contributed to Napoli’s first Serie A title in …

Dr Betta Edu The House of Representatives, yesterday, resolved to invite Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, over modalities adopted in the distribution of N25,000 monthly to 15 million households in 90 days. The resolution was …

The Central Bank of Nigeria has denied reports claiming it plans to redenominate the country’s local currency. The Director, Corporate Communications, CBN, Isa AbdulMumin, said this in a statement titled, ‘No plan to redenominate the naira’, on Tuesday. AbdulMumin said, …

Executive Secretary/CEO of Nigeria Extractive Industries Transparency Initiative (NEITI), Ogbonnaya Orji, has said Nigeria lost over N16.25 trillion due to oil theft in the country. Orji in a report to the report to the Chairman, House Committee on Public Accounts, …

Super Falcons’ Captain, Rasheedat Ajibade, scored twice as Nigeria strolled to a 4-0 defeat of Ethiopia in the second leg of their second-round tie of the Paris 2024 Olympic Games African qualifying series. The Super Falcons held the Ethiopians, also …

As the Super Falcons tackle their Ethiopian counterparts today in Abuja in the qualifiers for Paris 2024 Olympic Games, Secretary General of Nigeria Football Federation (NFF), Dr. Mohammed Sanusi, says Nigeria cannot afford to miss the party a fourth time. …

Nigeria’s wobbling oil production could get better if moves by oil operators, especially in the upstream segment, in collaboration with the National Assembly, yield results. The ground for this optimism was a gathering in Abuja, yesterday, by the leadership of …

Minister of the Budget and Economic Planning, Abubakar Bagudu The Federal Government on Monday approved a N2.18tn supplementary budget for the 2023 fiscal year. This would fund urgent issues including national defense and security.  The supplementary funding was also targeted …

Taiwo Oyedele The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal Government to introduce new foreign exchange rules will reflect the true value of the …

A Power Transmission System President Bola Tinubu, on Monday, said Nigeria’s power sector privatisation had failed to meet its objectives, as the national grid was serving only about 15 per cent of the country’s electricity demand despite being privatised 10 …

Morenikeji  Folawiyo has over 30 years of experience spanning Commercial Law, Fashion, Art, Interior Design, and Lifestyle Management. She is an entrepreneur and founder and CEO of Alara,a contemporary African design space in Lagos and a home to some of …

The Minister of Works, Dave Umahi, has said the government needs to import construction equipment worth €1.2m to effectively perform rehabilitation works on the Eko Bridge in Lagos State. The Minister made the announcement during a working visit to Third …

Nigeria’s debt to China increased from $3.93bn as of June 30, 2022, to $4.73bn as of June 30, 2023, showing an increase of $800m in one year. It is an increase of 20.36 per cent from the second quarter of …

In Nigeria, Blue Economy has been gaining traction since President Bola Tinubu’s administration created a Ministry of Marine and Blue Economy.  But the challenges it presents to leadership are numerous and seemingly more difficult to track and confront than its amorphous …

Akutah Pius Ukeyima Shippers, freight agents threaten court action over negotiated 400% hike in terminal charges The appointment of Mr. Akutah Pius Ukeyima as the new executive secretary and chief executive officer of the Nigerian Shippers’ Council(NSC) has generated some …

Former Executive Secretary of Nigerian Shippers’ Council (NSC), Mr. Hassan Bello Recently, former chief executive officer and executive secretary of Nigerian Shippers’ Council(NSC), Hassan Bello was appointed director on non-executive status by Dala Inland Dry Port, Kano. It is a …

Late Iyalode Alaba Lawson, NACCIMA’s President MMS Woman of Fortune Hall of Fame(WoFHoF) family  was thrown into mourning mood again on Saturday with the passage of one its matriarchs, Iyalode Alaba Lawson, chief executive officer, Lawson Group of Schools, Abeokuta, Ogun …

The Supreme Court judgement on presidential election is still raising dust in an unusual dimension but the revelation by Justice Musa Mohammed on the monopolistic control of the Supreme Court by Chief Justice of Nigeria(CJN), Justice Olukayode Ariwoola is suffice …