FG, States, LGAs share N1.08 trillion in November FAAC revenue
In November, the total distributable revenue to the federal, state, and local governments was N1.08 trillion, up 20.04% from October.…
EFCC arraigns MD, firm for alleged N21m fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned the Managing Director of Faris Construction Company Limited, Salisu Suleiman, and…
Shoprite To Close Operations At Kano’s Bayero Mall Over Nigeria’s ‘Current Business Climate’
The Retail Supermarkets Nigeria Limited (RSNL), the Nigerian operator of the Shoprite franchise, has announced the closure of its Ado…
FG to invest $13.5bn in energy sector in 12 months
Nigeria’s Federal Government plans to invest $13.5 billion in the energy sector within a year, with a goal of $55.2…
Nigeria inflation rose to 28.20% in November
Nigeria’s annual inflation increased from 27.33% in October to 28.20% in November, according to the National Bureau of Statistics (NBS).…
Norway Bolsters Africa’s Climate Defenses With $6.5 Million Disaster Financing Pledge
The government of Norway has announced a financial commitment of 70 million Norwegian Krone ($6.5 million) for an African Development…
IPOB leader Nnamdi Kanu fails to regain freedom at Supreme Court
The Supreme Court on Friday nullified the Court of Appeal’s decision to release Nnamdi Kanu, the leader of the Indigenous…
Worker docked for betting with employer’s money in Lagos
Samuel Meyiwa, 26, was arraigned at a Yaba Magistrate’s Court on Thursday for allegedly using his employer’s funds for gambling.…