Business

Exchange rate hits 504/$ at parallel market

Exchange rate hits 504/$ at parallel market

ACCORDING to a report by The PUNCH, the naira exchanged to the dollar at N504 at the parallel market on…
TRAGEDY! Many feared dead, others injured as tanker rams into market in Ibadan

TRAGEDY! Many feared dead, others injured as tanker rams into market in Ibadan

MANY traders and hawkers of a Bode market in Ibadan, Oyo State, have reportedly lost their lives while others were…
Manufacturers condemn DISCOs proposed cancellation of Eligibility Consumers status

Manufacturers condemn DISCOs proposed cancellation of Eligibility Consumers status

MANUFACTURERS Association of Nigeria MAN, on Wednesday, says the proposed abrogation of Eligibility Consumer Scheme regulation by the Electricity Distribution…
Nigeria loses Billions of Naira to sharp practices at Apapa Ports-Group

Nigeria loses Billions of Naira to sharp practices at Apapa Ports-Group

A non-governmental organization, the Transparency Network Group, (TANGO), on Monday, raised the alarm over sharp practices ongoing at the biggest…
Lagos cooperative college introduces two new courses

Lagos cooperative college introduces two new courses

THE Lagos State Cooperative College has introduced two new fields of study, namely: Micro-Finance Enterprise Development; and Cooperative Economics and…
Estate agent in prison custody over N28m fraud

Estate agent in prison custody over N28m fraud

A LAGOS High Court sitting, in Tafawa Balewa Square (TBS), an annex of Igbosere, on Monday, reminded an estate agent,…
Internet usage drops by 6% in Nigeria

Internet usage drops by 6% in Nigeria

DATA subscribers in Nigeria are currently experiencing 6 per cent declining in data usage which has affected data subscription for…
Nigeria records N32.9 trillion debt

Nigeria records N32.9 trillion debt

NIGERIA’S total debt stock is currently pegged at N32.915 trillion as at December 31, 2020. This situation has been generating…
CBN retains lending rate at 11.5%

CBN retains lending rate at 11.5%

The Central Bank of Nigeria (CBN), on Tuesday, says it has retained its Monetary Policy Rate at 11.5 per cent.…
Uber, Bolt drivers seek court action over blocking of members’ accounts

Uber, Bolt drivers seek court action over blocking of members’ accounts

Bolt and Uber drivers in Nigeria, on Thursday, say they would not hesitate to seek court injunction over what they…
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