Business

Lagos announces alternative routes, shuts Eko Bridge for nine weeks

The Federal Government, in collaboration with Lagos State Government, will commence emergency repair work on the Eko Bridge from Costain…

5 years ago

Naira sells at N490/$1 on black market

Barely four days after the Central Bank of Nigeria adopted an autonomous foreign exchange (NAFEX) rate, naira value has depreciated…

5 years ago

NLC vows to ground economy over planned fuel price hike

The Nigeria Labour Congress says it will resist any attempt to increase the price of petrol with a declaration of…

5 years ago

NRC official, Chinese, policemen arrested over stolen rail sleepers

A senior railway worker, a Chinese national, his lawyer and three security personnel have been arrested for their alleged involvement…

5 years ago

Electricity: BPE set to unbundle, sell transmission company

The Bureau of Public Enterprises is looking at a suitable model to unbundle the Transmission Company of Nigeria, its Director-General,…

5 years ago

Prices of bread, biscuits to rise by 30%, say bakers

Prices of bread and biscuits are set to go up as the Association of Master Bakers and Caterers of Nigeria…

5 years ago

Fashion tycoon Bernard Arnault becomes world’s richest man, overtakes Bezos

A 72-year-old French fashion magnate, Bernard Arnault, has become the world’s richest man as his net worth climbs to $186.3bn.…

5 years ago

CBN pegs exchange rate at N410/$1, after adopting NAFEX

The Central Bank of Nigeria (CBN) has adopted the Nigerian Autonomous Foreign Exchange (NAFEX) rate and updated its website to…

5 years ago

FRSC boss laments pressure on road, backs multi-modal system

• Commiserates with Attahiru family, others The Corps Marshal, Federal Road Safety Corps, Dr Boboye Oyeyemi, has expressed worry over…

5 years ago

Nigeria recorded 0.51% economic growth in Q1 – NBS

Nigeria recorded a marginal increase of 0.51 per cent in its economy in the first quarter of 2021, the National…

5 years ago