Nigeria to earn $7m daily revenue from fertiliser export – Dangote
Aliko Dangote, the President of Dangote Group, has shared exciting news about the company’s future export plans. According to him, in the next two years, the company’s massive refinery will begin exporting about 16,000 tonnes of fertiliser each day. He made this announcement during a visit to the Managing Director of the Nigerian Ports Authority […]
Ground Rent debt: FCT Administration Begins Sealing Of Properties (Photos)
The Federal Capital Territory Authority (FCTA) has begun sealing properties in Abuja as part of a major operation to recover unpaid ground rent. This move targets over 4,700 property owners who have failed to pay what they owe. Earlier on March 18th, 2025, the FCT Administration revealed that it had lost more than N6 billion […]
LASG Enforces 10% Tenancy Fees Limit, Cautions Landlords &Agents On Overcharging
The Lagos State Government has reminded landlords and agents that they cannot charge more than 10% of the yearly rent as tenancy agreement fees. This is the highest amount allowed by law. Barrister Barakat Odunuga-Bakare, the Governor’s Special Adviser on Housing, shared this during a press meeting held in Ikeja. She explained that the Lagos […]
Naira depreciates against dollar at official market
The Naira went down a bit in value compared to the US dollar at the official foreign exchange market on Thursday. According to the Central Bank of Nigeria (CBN), the exchange rate on Thursday was N1,584.95 for one dollar. This was a small drop from the N1,584.49 rate recorded the previous day. This means that […]
Dangote: FG Makes 52 Kobo From Every N1 Generated By My Cement Company
Aliko Dangote, the founder of Dangote Group, has shared an interesting fact about how much the government earns from his company. According to him, for every N1 that Dangote Cement earns, the federal government of Nigeria takes 52 kobo. That’s more than half of the total amount! He made this statement during the Taraba International […]
Naira slumps against dollar at Black market after CBN retains interest rate
The naira has dropped again in the black market, falling against the dollar after the Central Bank of Nigeria (CBN) decided not to change the interest rate. A currency dealer in Wuse Zone 4, Abubakar Alhasan, said on Tuesday that the naira was exchanged at N1628 per dollar. This is lower than Monday’s rate of […]
FG Sues Access Bank, Staff Over Alleged N825.9 Million Fraud Scheme
The Federal Government has filed a lawsuit against Access Bank Plc and one of its employees over a serious fraud case. They are accused of stealing N825.9 million that belonged to the government. This case is now before the Federal High Court. This legal action came after an investigation by the Independent Corrupt Practices and […]
Kaduna refinery delay unacceptable – PETROAN tells NNPC
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns about the long delay in fixing the Kaduna Refinery. They are calling on the Nigerian National Petroleum Company (NNPC) Limited to give Nigerians a clear date for when the project will be completed. Even though the government has made many promises, the […]
NCC, Telecom Providers Punishing Us – Mobile Users, Activists, Others Raise Alarm
Nigerians are angry about the recent increase in telecom charges, especially people in the North whose businesses depend on mobile services. Many Nigerians, especially in the northern region, are upset about the sharp rise in telecom costs. The extra cost is hurting businesses and daily life. The Nigerian Communications Commission (NCC) recently approved a 50% […]
Naira continues appreciation at official foreign exchange market
Nigeria’s currency, the naira, showed a mixed performance on Tuesday as it continued to strengthen in the official foreign exchange market but fell slightly in the black market. According to data from the Central Bank of Nigeria (CBN), the naira appreciated slightly at the official rate, moving from N1,600.44 per dollar on Monday to N1,600.030 […]