₦47Bn Yearly Power Bill Unsustainable, FG Explains Aso Rock Solar Installation
The Federal Government has explained its decision to install solar panels at the Aso Rock Villa, the seat of power in the country. The Director…
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Lagos Advocates Rent Reduction, Declares Caution Fee, Inspection Fee Illegal
The Lagos State government has charged the leadership of the Nigerian Institution of Estate Surveyors and Valuers, Real Estate Developers Association of Nigeria, and Association…
Electricity Tariff More Than N70,000 New Minimum Wage – NLC
The Nigeria Labour Congress, NLC, on Friday, said Nigerians are paying electricity tariffs that are more than the new minimum wage of ₦70,000 that was…
Court Orders 54 Banks To Return ₦9.3 Billion Stolen By Hackers
Justice Deinde Dipeolu of the Federal High Court in Lagos has ordered 54 banks to immediately return a total of N9,329,322,870 fraudulently transferred by hackers…
Court Orders Arrest of Six CBEX Promoters Over Alleged $1 Billion Crypto Fraud
Justice Emeka Nwite of the Federal High Court in Abuja has ordered the arrest and remand of six individuals linked to the controversial cryptocurrency scheme…
HIV: Rivers, Benue, Akwa Ibom Leads Chart As Nigeria Reports 2 Million Patients
Three states – Rivers, Benue, and Akwa Ibom – top the chart in the latest HIV spectrum estimates obtained from the National Agency for the…
Why Fuel Smuggling Thrives Despite Subsidy Removal – Customs
The Nigeria Customs Service has shed light on the continued smuggling of petrol across the country’s borders, despite the elimination of fuel subsidies. According to…
FG Releases ₦50 Billion To Settle ASUU, Other Varsity Staff Allowances
The Minister of Education, Dr Maruf Alausa, on Wednesday, announced the release of N50 billion by the Federal Government to the academic and non-academic staff…
LASG To Start Construction Of Green Line Rail Before December
The government revealed that Phase II of the Blue Line Rail from Mile 2 to Okokomaiko would be completed in December. The Lagos State Government…
First Holdco Reports ₦663 Billion After-Tax Profit, Highest In 12 Years
The after-tax profit of First Holdco, the parent company of Nigeria’s oldest bank, First Bank, rose to the highest in at least 12 years in…