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Friday, May 3, 2024

Economy

FEC approves, projects to earn $235m from e-tracking

The Federal Executive Council, FEC, on Wednesday, approved the installation of Electronic Cargo Tracking Notes for seaports nationwide. It said the ECTN would tackle several...

Old naira notes still legal tender – Supreme Court

The Supreme Court on Wednesday affirmed the validity of the use of old 200, 500, and 1000 naira notes. The apex court maintained that the...

Lagos commences distribution of palliatives to the citizenry

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, in fulfillment of his promise to cushion the effects of the hardship being experienced by Lagosians that...

FG, CBN await Supreme Court ruling on new naira today

The Presidency has said that neither the Federal Government nor the Central Bank of Nigeria had taken a stand on the continued use of...

Dubai to introduce flying taxis by 2026

The Associated Press reports that Dubai, again, is planning for the takeoff of flying taxis in this futuristic city-state on the Arabian Peninsula, offering...

Sanwo-Olu meets Lagos business community, reassures stakeholders of state’s commitment to growth

Lagos Business Community got a message of reassurance from the Number One citizen of the State on Monday. Governor Babajide Sanwo-Olu reiterated the commitment...

Naira losses against Dollar despite scarcity, turning economics on its head

Despite the crisis proportion of naira scarcity, the naira is losing ground to the dollar in the black market, shaking one of economics immutable...

EU calls out Twitter for incomplete disinformation report

The Associated Press Twitter failed to provide a full report to the European Union on its efforts to combat online disinformation, drawing a rebuke Thursday...

NESG, UNICEF partner to tackle child poverty, protect Child Rights in Nigeria

The Nigerian Economic Summit Group (NESG) has joined hands with UNICEF to establish a partnership aimed at addressing child rights violations and poverty in...

FG to sanction filling stations rejecting PoS, transfers

The Federal Government, on Thursday, commenced the deployment of security agencies to filling stations across the country to enforce the use of Point of...

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