We Didn’t Defy Any Court Order — FHA on Festac Houses
The Federal Housing Authority (FHA) has informed Justice Akintunde Savage of the Lagos High Court, Ikeja, that it did not breach any court order which had restricted it from demolishing…Read More
Yahaya Bello’s Appointees Return As Ododo Makes First Appointments
Newly inaugurated Kogi State Governor, Usman Ododo has announced his first set of appointments, including Secretary to the State Government and Chief of Staff. Shortly after being sworn-in on Saturday…Read MoreI Wasn’t A Minister When The N9.3bn Payment Was Made To The Microfinance Bank — Umahi
Minister of Works, David Umahi, says the project that led to the disbursement of N9.3bn to a Microfinance Bank by the ministry of Works was not awarded when he assumed…Read MoreFRC To Verify N2.9tn Capital Projects Across Nigeria
The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued at N2.9 trillion across the six geo-political zones of the country. According…Read MoreOnyeama Concludes Testimony Against Ambassador Onoh In Defamation Suit
A former Minister of Foreign Affairs, Geoffrey Onyeama, has closed his case against Ms Lilian Onoh, a former Nigerian ambassador to Jamaica and Namibia, over allegations bordering on defamation. According…Read MoreFCMB Records Triple Earnings Growth in 2023
FCMB Records Triple Earnings Growth in 2023 Nigeria’s top financial boutique, FCMB Plc posted triple earnings growth in the financial year 2023, according to the group’s unaudited financial statement submitted…Read MoreGov. Bassey Otu Inaugurates N2.5bn Medical Facility in Obubra
Gov. Bassey Otu Inaugurates N2.5bn Medical Facility in Obubra Gov. Bassey Otu of Cross River on Friday inaugurated a N2.5 billion medical facility built by Jennifer Etuh Foundation in Ochon,…Read MoreChina to Increase Imports in 2024, Says Commerce Minister
China to Increase Imports in 2024, Says Commerce Minister China plans to increase imports this year to share the business opportunities arising from its ultra-large market with the world, Commerce…Read MoreSell Pressures on Nigeria Eurobonds Drive Yield Surge
Sell Pressures on Nigeria Eurobonds Drive Yield Surge Benchmark yield Nigeria’s sovereign US dollar bonds trading at the international market inched higher as a result of risk-off sentiments in the…Read MoreT-Bills Yield Steadies as Money Market Liquidity Sinks
T-Bills Yield Steadies as Money Market Liquidity Sinks The average yield on Nigerian Treasury bills (NTB) steadied at about 6.5% in the secondary market after provoked selloffs driven by uncertainties…Read MoreGuinness Nigeria Posts N5.2bn Loss as FX Reform Damages Earnings
Guinness Nigeria Posts N5.2bn Loss as FX Reform Damages Earnings Guinness Nigeria Plc has posted N5.23 billion as a loss after tax due to a strong spike in net finance…Read MoreExchange Rates Plunge after CBN Calls Naira Undervalue
Exchange Rates Plunge after CBN Calls Naira Undervalue The Nigerian naira exchange rates across the foreign exchange (FOREX) markets tumbled as the volume of foreign currency supplied was insufficient to…Read More
