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News - Page 535

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Face Homelessness

Residents of Oworonshoki have called on Lagos State Governor, Babajide Sanwo-Olu, to urgently intervene in a wave of demolitions that has left many homeowners fearing imminent homelessness. The appeal is contained in an open letter written by Mr Toni Kan, a consummate

December 19, 2025

Business·News

NDLEA Destroys Over 300,000 Kilograms Of Drugs In Lagos, Ogun State

In a decisive move against drug trafficking and abuse, the National Drug Law Enforcement Agency (NDLEA) obliterated a significant cache of narcotics, totaling 304,436 kilograms and 40,042 liters. The operation, conducted on Tuesday in Badagry, Lagos, underscores the agency’s unwavering commitment to

April 16, 2024

Africa·Business·News·World News

OPEC Woos Namibia As African Nation Aims For Oil Production By  2030

The Organization of Petroleum Exporting Countries (OPEC) is eyeing Namibia as a potential addition to its ranks following significant oil discoveries within the country’s borders. With Angola and other key players slipping away, OPEC sees Namibia’s burgeoning oil industry as a strategic

April 16, 2024

News·Politics

UNILAG VC Urges Academics To Recommit To The Purpose Of Higher Education

The Vice-Chancellor of the University of Lagos, (UNILAG VC), Professor Folasade Ogunsola, has urged academics to revitalize the essence of higher education Addressing scholars during a recent training workshop at the Lagos State University of Science and Technology (LASUTECH) on Tuesday, April

April 16, 2024

Business·News·World News

IMF Predicts ‘Overheated’ US Economy As Key Driver Of Global Growth, Urges Caution On Rate Cuts

The International Monetary Fund (IMF) released a report on Tuesday indicating a significant upgrade in its forecast for the US economy, projecting a growth rate of 2.7% for the year, up by 0.6 percentage points from its previous estimation in January. This

April 16, 2024

Business·FEATURES·News

How Stronger Naira Is Failing To Put Food On Tables

In a country where the value of money can make or break everyday life, the Nigerian Naira’s recent rise against the dollar has grabbed headlines. Yet, amidst this financial seesaw, a less celebrated narrative unfolds—one of escalating food prices that threatens the

April 16, 2024

After That Over-analysed Speech: What Tinubu Must Do Now

News

FG Declares 7 April National Police Day

The Federal Government(FG) has taken a step towards reforming Nigeria’s Police Force (NPF) by declaring the 7th of April as National Police Day. Since assuming office last year, President Tinubu’s administration has embarked on comprehensive reforms aimed at changing the police force.

April 16, 2024

News·World News

Iran-Israel Crisis: Israel will Respond To Iran’s weekend Missile Attack- Military Chief

Israel’s military chief, Lt. Gen. Herzi Halevi, affirmed on Monday that Israel will retaliate against Iran’s recent assault but refrained from specifying the timing and method, amid global calls for de-escalation in the Iran-Israel Crisis. In a significant escalation of tensions, Iran

April 16, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

Business·Markets·News

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

The Nigerian Stock Exchange (NGX) witnessed another day of downturn, marking the seventh consecutive day of losses for investors. The NGX All-Share Index, a key indicator of market performance, took a hit, dropping by 537.44 points to close at 101,777.12 points. This

April 16, 2024

OPEC Envisions Medium-Term Emergence Of Modular Refineries In Nigeria

Business·News·Oil & Gas

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

The Nigerian government has greenlit domestic crude oil transactions to be conducted in naira or dollars, addressing long-standing concerns of indigenous refineries and operators. The declaration, announced by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), aims to streamline the process and ensure

April 16, 2024

Nigerian Govt Spends ₦380bn On Electricity Subsidy In Q2 2024 — NERC

Business·News

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

Nigeria’s power grid stumbled yet again, marking the sixth collapse this year. The collapse on Monday dawn witnessed a drop in electricity generation from 2,583.77 megawatts to a meager 64.7MW before recovery efforts took hold. The Transmission Company of Nigeria attributed this

April 16, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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News - Page 535

Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Face Homelessness

NDLEA Destroys Over 300,000 Kilograms Of Drugs In Lagos, Ogun State

OPEC Woos Namibia As African Nation Aims For Oil Production By  2030

UNILAG VC Urges Academics To Recommit To The Purpose Of Higher Education

IMF Predicts ‘Overheated’ US Economy As Key Driver Of Global Growth, Urges Caution On Rate Cuts

How Stronger Naira Is Failing To Put Food On Tables

FG Declares 7 April National Police Day

Iran-Israel Crisis: Israel will Respond To Iran’s weekend Missile Attack- Military Chief

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

Dangote, Modular Refineries To Pay Naira For Crude Oil- Nigerian Govt

Nigeria Faces Sixth Grid Collapse Of 2024: System Instability With Recurrent Challenges

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Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Face Homelessness

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

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