Ikoyi Residents to Experience Temporary Water Shortages, Warns Lagos Water Corporation
The Lagos Water Corporation (LWC) has announced a temporary water shortage in Alexander, Bourdillon, and Park View areas of Ikoyi […]
Business, News
Business
Federal Government Issues Warning to DisCos Against Charging Customers for Faulty Meter Replacements
The federal government, through the Nigerian Electricity Regulatory Commission (NERC), has warned Distribution Companies (DisCos) against charging customers for replacing
Weekly Market Wrap: ASI Rises to 97,722 as John Holt Surges 60.5%; Oando and DAAR Communications Top Decliners
The Nigerian stock market wrapped up the trading week ending November 15, 2024, on a positive note, with the All-Share
Solomon Dalung: ‘The Man Who Cannot Handle the Power Sector Has No Business Being There
Former Minister of Youth and Sports, Solomon Dalung, has strongly criticized the current Minister of Power for his poor management
Crisis Looms as Nigeria’s External Debt Projected to Reach $45.1 Billion by December
Nigeria’s external debt is expected to reach $45.1 billion by the end of 2024, raising concerns about a potential debt
Federal Government to Initiate Local Production of 10 Vehicle Spare Parts
The Federal Government, through the National Automotive Design and Development Council, is set to begin local manufacturing of 10 essential
Exchange Rate Update: Naira Continues to Depreciate Against the Dollar
Naira depreciated to N1,740 per dollar in the parallel market from N1,735 per dollar.
FEC Approves $2.2 Billion Borrowing Plan to Support Economic Reforms
The federal executive council (FEC) has approved a $2.2 billion external borrowing plan to strengthen the country’s finances and support
Business
Lebanon Faces $8.5 Billion in War Damages and Economic Losses, According to World Bank Report
The World Bank has released a preliminary assessment of the economic toll of the ongoing conflict between Lebanon and Israel,
IPMAN Discloses Petrol Purchase Prices from Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed that petrol from the Dangote Refinery is priced at N940