Why CBN lifted forex ban on 43 items
The Central Bank of Nigeria (CBN) has removed 43 items from the list of goods prohibited from accessing forex in the official market. The new list, which was released on…
Sanwo-Olu orders demolition of three major markets in Lagos Island
Governor Babajide Sanwo-Olu of Lagos State, has announced plans to demolish Jankara, Bombata and Pelewura markets so as to allow for urban regeneration of the area. Sanwo-Olu made this known…
Lagos takes action against poor sanitation in Tejuosho, other markets
The Lagos Waste Management Authority (LAWMA) has taken action to address the issue of poor sanitation in Tejuosho Market, Yaba in Lagos state. Several plazas around the market have been…
Apple gives in to EU pressure, adopts USB-C charging for iPhone 15
Apple, the American tech giant has finally bowed to pressure from the European Union and has switched to USB-C charging. At the unveiling event of the much anticipated iPhone 15…
FG delists loan apps from Google | See full list of 37 affected companies
The Federal Competition and Consumer Protection Commission (FCCPC) on behalf of the federal government on Monday delisted 37 illegal loan apps in Nigeria. Recall that on August 1, 2023 the…
No new taxes, we want to harmonise, reduce them – presidential reform lead, Oyedele
Chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, on Sunday said no government agency has been stopped from collecting statutory revenue, noting his team was…
Solid minerals will contribute 50% to national GDP – Alake
| To create Solid Minerals Corporation, Mining Police The Minister of Solid Minerals, Mr. Dele Alake, has said that the ministry will add at least 50% to the Nigerian economy,…
Regulators crack down on First Bank, Access, GTB, Fidelity, others for violations
The Securities and Exchange Commission (SEC) has fined not less than eight banks and 18 other listed companies a total of N125 million for failing to file their financial statements…
Ribadu confirms Nigeria still losing over 400,000 barrels of crude oil per day
National Security Adviser (NSA), Malam Nuhu Ribadu, has confirmed that the country is still losing 400,000 barrels of crude oil daily to local and international thieves despite efforts to end…
Zuckerberg tired of waiting for Musk to commit to cage fight, moves on
Mark Zuckerberg has announced that he is no longer interested in the proposed cage fight with Elon Musk, citing Musk's lack of seriousness as the reason. "Elon won’t confirm a…