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VREG: Finance Minister Unveils National Vehicle Registry Platform
Finance Minister, Mr. Wale Edun on Tuesday, unveiled the National Vehicle Registry (VReG), describing it as a landmark initiative in Nigeria's journey towards economic stabilisation.
The Minister said the platform marks a pivotal shift…
Ogun To Extend Lagos Red Line Railway To Ijoko, Ifo, Kajola, Papalanto
By Roland Ekama
Ogun State government said it has put in place, a holistic transportation system that will help address the problem of rural-urban migration among other issues.
The state Commissioner for Transport, Mr. Gbenga Dairo,…
FUEL SUBSIDY: Tinubu Commissions Borno State’s 107 Electric /Gas Buses, Taxis
President Bola Ahmed Tinubu on Monday in Maiduguri commissioned a fleet of 107 gas and electric-powered buses as well as taxis in the second phase of Governor Babagana Umara Zulum’s metro transport scheme.
The scheme aims to cushion…
“Nigeria’s External Reserves Take a Dip: A $520 Million Slide in Five Weeks”
By Ijezie Victor
Recent data from the Central Bank of Nigeria reveals a notable drop of $520.22 million in Nigeria's external reserves over the past five weeks. As of December 7, 2023, the reserves, which stood at $33.396 billion on…
Kwara Garment Factory To Begin Operation Q1 2024
The Kwara Garment Factory, is now a reality as its operational launch will be held in the first quarter (Q1) of 2024.
The initiative adjudged to be a factory of the future already has 570 sewing machines installed. The first in West…
Ogun CNG Buses Begin Mowe-Ibafo-Berger Operations
The Compressed Natural Gas (CNG) powered buses of the Ogun State Government, tagged 'DapoCNG Bus' on Monday, commenced operations along the Mowe-Ibafo-Berger, Lagos axis of the state.
The buses, according to the state Commissioner for…
Ogun Shutdown Three Industries Over Environmental Infractions
As part of its continued efforts at laying solid foundation for environmental best practices in the state, Ogun State government has shut three companies for various environmental infractions.
The companies are Ruili Recycling…
Despite Volatility In FX Market, Nigeria records $110.14m Daily Forex Turnover
Nigeria recorded a daily foreign exchange turnover of $110.14million in the Nigerian Foreign Exchange Market (NAFEM), on Friday, 1st. December, 2023.
The daily forex turnover recorded $100.06million on Monday, November, 27, 2023 and…
CALLY AIR: Gov Otu To Increase Fleet With Three Additional Planes
Cross River State Governor Bassey Otu has commenced moves to include additional three aircrafts for Cally Air.
Cross River State-owned airline, Cally Air, managed by Aero, has resumed flight operations at Margaret Ekpo International…
LASTMA To Demote, Dismiss 12 Officers Over Offenses Bothering On Corruption
Operatives of the Lagos State Traffic Management Authority (LASTMA) on Thursday, 30th of November, 2023 arraigned 12 Officers before Disciplinary Panel for various Offenses bothering on corrupt practices and absenteeism in line with the…