There are fears that the exchange rate of the naira at the parallel markets will come under pressure in the coming weeks. This is as a result of importers scramble for scarce dollar to meet business demand. The rising dollar demand and a shortfall in forex supply have been putting pressure on naira. At the […]

Following the directive of the Lagos State Governor, Mr Babajide Sanwo–Olu, to the Rapid Response Squad (RRS) to impound vehicles with covered number plates in the state, the command has impounded six cars for violating the law in different parts of the metropolis. The directive of the governor was reechoed one week ago by the […]

The Dangote Group has completed Nigeria’s longest rigid pavement in Kogi State. It is the first of its kind, according to top engineers. The 43-kilometre Obajana-Kabba road, built by Dangote Industries Limited (DIL), has been described by motorists as the country’s most strategic highway in aiding travelers between the North and the South. Project Director […]

Key structural issues should be addressed, say, economists, LCCI Capital flight at its highest as inflows dry up The Federal Government faces tough choices between control of escalating commodity prices and boosting economic growth as the inflation rate returns to the 2017 level when it almost hit 20 per cent. It is likely that actual […]

Applicants wait to obtain national identity numbers at the National Identity Management Commission (NIMC) office, in the Lagos state capital of Ikeja, on December 30, 2020. – Nigerians have appealed to the government for further extension of the deadline for the blocking of mobile SIM cards without national identity numbers as millions of subscribers are […]