Economy
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Amaechi: Lagos-Ibadan economy train tickets to cost N3,000
The federal government has approved charges on the new Lagos-Ibadan rail standard gauge which would begin operations by January 2021.…
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New CBN policy firms up Naira value in parallel market
The Nigerian currency, Naira, yesterday reversed its two weeks depreciation trend in the parallel market, recording N20 gain against the…
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FG threatens to sanction DisCos selling prepaid meters
Ahmed Zakari, special adviser to the president on infrastructure, says the federal government will sanction any official of electricity distribution…
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Naira appreciates at N490/$1 in parallel market after new CBN policy
The naira, on Tuesday, appreciated by 2 percent at N490 per dollar in the parallel market, but weakened by 1…
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LASG begins clampdown on tank farm operators without license
Sequel to the proliferation of illegal terminal operators across Nigeria, the Lagos State Government said it would close all illegal…
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Nigerian traders in Ghana raise alarm over fresh shops closure
The National Association of Nigerian Traders has called on the Federal Government to take urgent action as Ghanaian Authorities…
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FG waives N1.3trn in Import Duty, VAT
The Federal Government yesterday, said it has waived import duty and Value Added Tax, VAT, valued at about N1.3 trillion…
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Naira weakens at N500/$1 after new rates by CBN
The naira, on Monday, weakened further at N500 to the dollar after the Central Bank of Nigeria (CBN) adjusted the…
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Insecurity: Airlines Hike Airfares By 100% As Operating Costs Rise, Nigerians Kick
The cost of air tickets along several routes have doubled due to the high demand for air travel in light…
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CACOVID to empower 4m youths with N150bn job program
L-R: Managing Director/CEO, Access Bank Plc, Herbert Wigwe; President/CE, Dangote Industries Limited, Aliko Dangote; Governor of Central Bank of Nigeria,…
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