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NAFDAC raises alarm over killer cough syrup NATURECOLD

Article Summary NAFDAC has issued a warning to Nigerians about a cough syrup called NATURCOLD, which has caused the death

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25% vote in FCT not necessary, INEC tells Tribunal

Key highlights INEC tells the tribunal that a candidate must not secure 25% votes in FCT to be declared the

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CBN settles almost $2 billion outstanding forward liability in three months 

The Central Bank of Nigeria (CBN) confirmed it has settled almost $2 billion of forward liabilities in the past three

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Exchange rate for Customs cargo clearance drops to N1260/$

The foreign exchange rate for the Nigeria Customs Services’ (NCS) cargo clearance in ports and other goods entry points has

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Speculative Frenzy: Uwaleke urges 5% daily price limit for banking stocks

Professor Uche Uwaleke, Nigerian First Professor of Capital Market and the Director of the Institute of Capital Market Studies at

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Nigerian rail transport Usage falls by 53% in Q1 2023, leading to sharp decline of 63% in passenger

Rail transport usage in Nigeria saw a steep decline of 53.65% in Q1 2023, with the number of passengers dropping

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Debt: Kogi Govt pays construction firm N172 million after court order 

A road construction firm, Trans Engineering Nigeria Limited, informed the Federal High Court, Abuja on Thursday that after its orders,

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148 crude oil theft incidents recorded between September 2 and 8 – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has said that it had documented a total of 148 crude oil theft

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DisCos Abandon Tariff Increase on July 1

Contrary to expectations, Nigeria’s electricity distribution companies (DisCos) have chosen not to proceed with the proposed tariff increase scheduled for

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Exchange rate trades for intra-day high N791/$1 at official market

The exchange rate between the naira and dollar reached a high of N791/$1 on the first day of the unification

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Increase in electricity tariff insensitive, inhuman – Reps minority caucus tells NERC

The Minority Caucus in the House of Representatives has labeled the increase in electricity tariffs by the Nigerian Electricity Regulatory

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Just in: Ride-hailing drivers demand 200% price increase on Uber, Bolt, others

Article Summary Ride-hailing drivers in Nigeria are requesting app-based transport companies like Uber and Bolt to raise prices by 200%

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Spanish passport emerges most powerful in December 2023 ranking

The Spanish passport has emerged as the top-ranking passport among 199 world passports. This is according to the latest update

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SEC approves VFD Group Plc’s Rights Issue of 63,342,455 Ordinary Shares   

The Securities and Exchange Commission (SEC) has approved VFD Group Plc’s 63,342,455 Ordinary Shares of 50 Kobo each at N197.33

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UK universities urged to reduce rent by 30% to alleviate student housing crises

A proposal was recently passed to convince UK universities to build lower-cost accommodation to solve the student housing crises for

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