PHOTO: Blessing Amarachi Azoribe
Water Scarcity Hits Enugu
What Scarcity In Enugu, Fuel or Water? Frustration as Uwani residents scramble for portable water on Tuesday March 3, 2022
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Customs Duty: Naira Depreciation Worsens As Exchange Rate Hits N1,441.53/$1
The recent increase in the exchange rate for customs duty collection to N1,441.53 to the USD has sparked concerns among stakeholders, coming at a time when the naira is experiencing significant depreciation.
Electricity Supply To Int’l Customers Shouldn’t Exceed 6% Of Available Grid Generation, NERC Orders GenCos
In its quest to prioritize electricity supply to local customers, the Nigerian Electricity Regulatory Commission (NERC) has ordered Generation Companies (GenCos) not to exceed 6 per cent of available power grid generation
Nigerian Govt Plans Suspension Of $57bn Crypto Businesses To Rescue Naira
Following a Monday meeting between the Securities and Exchange Commission SEC and operators of digital assets, Nigeria’s $56.7 billion peer-to-peer market in crypto is being considered for suspension by the government. Given
Inflation, Housing Crisis: Lagos House Rents Rise By 100% In 4 Years
Lagos, Nigeria’s economic hub, is facing a severe housing crisis, with house rents increasing by over 100% in just four years, far outpacing stagnant incomes. This mismatch is putting immense financial pressure
Biden Honors Democratic Allies With Top Civilian Honor, Takes Jabs At Trump
US President Joe Biden awarded the Presidential Medal of Freedom to 19 individuals, including Democratic allies and notable figures in culture, activism, and sports. The ceremony at the White House had clear
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