Browsing Category
Business News
President Tinubu To Commission Red Line Rail Project In Lagos
Lagos State Governor, Mr. Babajide Sanwo-Olu has reiterated his administration’s commitment to the completion of the second phase of the blue line rail project and flag off the commercial operation of the red project.
The Governor, who…
JUST IN: CBN Injects $500m Into Forex Market
The Central Bank of Nigeria (CBN) has injected another $500 million into the market as part of efforts aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions,
Mrs. Hakama Sidi Ali, Acting Director…
Chinese Automobile Exports Surge By 4.91 Million Units In 2023
People Republic of China’s automobile export market has continued to soar higher even as it has reached 4.91 million units in 2023, increasing some 57.9 year-on-year.
With sharp rise in exports China is expected to become the world’s…
Naira Stabilises Against US Dollar At Parallel Market
The Naira , on Tuesday, stabilized against the United States dollar in the parallel market as it traded for N1,295/$1.
The Nigerian currency, it was gathered, closed at N1,295/$1, on Monday, and still stably maintained its value, on…
40 Foot Container Laden Truck Falls Off Ijora Bridge , As LASTMA Team Rescues Driver, Others
Operatives of the Lagos State Traffic Management Authority (LASTMA) on Sunday January 7 2024 rescued a seriously injured driver and a motor boy from an empty articulated 40ft flat bed truck that fell off from the high bridge inward Apapa.…
Minister Raises Alarm Over Bayelsa Pollution , Says State More Polluted Than Ogoniland
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has expressed concern over the level of pollution caused by illegal bunkering activities, in Bayelsa State, noting that if the trend was not checked, it could…
Lagos Set To Roll Out 50 Electric Buses, 100 CNG-Vehicles
Governor Babajide Sanwo-Olu, on Tuesday, commissioned the fourth flyover constructed along the Lagos Rail Mass Transit (LRMT) Red Line corridor, signifying the near completion of the 37-kilometre rail network connecting Lagos and Ogun…
FAAN Inducts 201New Aviation Security Cadets
The Federal Airports Authority of Nigeria (FAAN) has inducted 201 new aviation security cadets in a bid tackle 21st century
challenges of airport and passenger management.
Faithful Hope-Ivbaze (Mrs.), Ag. Director, Public Affairs and…
PROFILE: Meet Olubunmi Oluwaseun Kuku, New MD Of FAAN
Introducing the accomplished Olubunmi Oluwaseun Kuku, who has made history as the first female Managing Director of the Federal Airports Authority of Nigeria (FAAN). With a remarkable career that spans over two decades, Kuku's professional…
Sanwo Olu Unveils Middle- Level Fresh Food Market In Mushin, Empower Traders With Palliative
Lagos State Governor Babajide Sanwo-Olu, on Sunday, launched a fresh palliative scheme for low-income traders across local markets in the State, as part of measures being taken to cushion the effect of the current economic realities.…