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Banking Business Top Story

Redesign of Naira to boost value – Emefiele

The CBN Governor, Mr. Godwin Emefiele, said that the planned redesign of the Naira might make the currency worth more. Emefiele revealed this while announcing that the apex bank intended to start issuing the newly designed N200, N500, and N1,000 denominations on December 15. Even though he said it wasn’t the main reason why the Read More…

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Metro Traffic

LASTMA warns drivers creating fueling station backlog

The Lagos State Traffic Management Authority (LASTMA) advised drivers on Wednesday that the current gasoline shortage was no justification for stifling and impeding traffic movement throughout the state. This was stated by the Director of Public Affairs, Mr. Adebayo Taofiq, on behalf of the general manager of LASTMA, Mr. Bolaji Oreagba. According to the statement, Read More…

Crime Financial Crimes Fraud Nigeria

EFCC rearraigns suspended AGF Idris and others for alleged N109 billion fraud

In an FCT High Court, Maitama, on Wednesday, the Economic and Financial Crime Commission (EFCC) re-arraigned suspended Accountant-General of the Federation Ahmed Idris and three other people for an alleged N109.5 billion fraud. Olusegun Akindele, Mohammed Usman, and Gezawa Commodity Market and Exchange Limited are additional defendants. They were initially charged with misappropriation of N109.5 Read More…

Banking Business Economy Oil & Gas

First Bank will fund energy infrastructure projects

First Bank of Nigeria (PLC), according to Mrs. Oluwatoyin Aina, Head of Energy, Downstream, and International Oil Trading, has supported a number of energy-related projects and will continue to do so. On Wednesday, Aina made this statement during the Oil Trading and Logistics (OTL), Africa Downstream Week that was taking place in Lagos. She said Read More…

Diaspora Top Story World

Nigeria’s Ayo Owodunni is Kitchener, Canada’s first black councillor

Ayo Owodunni of Nigeria has been elected as Kitchener, Ontario, Canada’s first black city councillor. In a hotly contested election for the position, Ayo won the municipal elections for Ward 5. The five candidates were Mandur Ajmer, Massimi Jon, Muhammad Farah, Najmuddin Naveed, and Owodunni Ayo. Kelly Galloway-Sealock, a member of the present city council, Read More…

Legal Nigeria Top Story

Kanu files N100bn suit against FG over continued detention

Federal Court orders Kanu’s return to Kenya Nnamdi Kanu, the head of the Indigenous People of Biafra (IPOB), a group that is now proscribed, has sued the federal government for violating his fundamental rights by the Department of State Services (DSS) in an action worth N100 billion. Kanu is requesting his immediate release from the Read More…

Emergency Relief Metro Top Story

Inhabitants of Otumara gifted with free medicals, food, clothing, other essential items

In an outreach dubbed “MEDICAL MISION OUTREACH” over the weekend, the Women (WM) Department of the Assemblies of God Church, 111 Clegg in collaboration with Maximum Growth Initiative planted smiles on the faces of inhabitants of Otumara. Hundreds of ladies, teenagers, fathers, and kids attended the event on Saturday at Ilaje, Otumara Ebute Metta (West), Read More…

FMIC
Agriculture Nigeria

Agri-business: FG restates commitment to achieving food security

The Federal Government reiterated its dedication to ensuring food and nutritional security and providing work opportunities for the jobless on Tuesday. This was stated by Mr. Abudullahi Abubakar, Director of the Federal Department of Agriculture, Ministry of Agriculture, at a two-day workshop on packaging and processing for women and youth in Abuja. Abubakar was represented Read More…

Environment Infrastructure Metro

Contractors return to site, begin rehabilitation of Agbara-Badagry Expressway

The contractors in charge of reconstructing the Lagos-Badagry Expressway segment between Agbara and Badagry are back on the job. Due to a lack of funds, the construction company, CGC Nigeria Limited, took all of its trucks and earth-moving equipment off the site all at once at the end of August to the surprise of local Read More…