Business

Lagos-Calabar Road Inaugurated: A Beacon of Hope and Prosperity for Nigeria’s Future

President Bola Tinubu has officially inaugurated the construction of the 700km Lagos-Calabar coastal road. The ceremony, held in the Victoria area of Lagos State...

CBN Increases Interest Rate to 26.25%, Prompting Protests from OPS

The Central Bank of Nigeria (CBN) has implemented a significant increase in its benchmark interest rate, the Monetary Policy Rate (MPR), from 24.75% to...

CBN Mandates Existing BDCs to Reapply for New Licenses, Sets December Deadline Under New Guidelines

The Central Bank of Nigeria (CBN) has issued new guidelines for Bureau de Change (BDC) operators, mandating all existing BDCs to reapply for new...

UK Civil Aviation Authority Raises Safety Concerns Over Air Peace Amid Allegations of Bias

The United Kingdom Civil Aviation Authority (UK CAA) has raised concerns over alleged aviation safety violations by Nigerian carrier, Air Peace. This development comes...

Presidential CNG Initiative: Expanding CNG Accessibility in Lagos and Abuja

In a significant move to promote cleaner and more sustainable energy sources, the Nigerian government has rolled out the Presidential Compressed Natural Gas (CNG)...

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