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Lagos State Traffic Management Authority (LASTMA), On Sunday warned illegal/roadside traders to stop transacting businesses on Lagos roads to avoid causing gridlocks on some traffic in some parts of the State. The spokesperson for the agency, Taofiq Adebayo, in a statement, said the General Manager, LASTMA, Bolaji Oreagba, gave the warning while addressing officers on […]

The Central Bank of Nigeria (CBN) said it will start circulating newly redesigned N200, N500, and N1000 naira notes from December 15, 2022. This was disclosed by CBN’s Governor, Godwin Emefiele on Wednesday afternoon during a special briefing. He said the naira notes were redesigned following approval by the Federal Government. According to nairametrics, Mr Emefiele […]

President Muhammadu Buhari-led government on Wednesday disclosed that it has provided N470 billion Special Fund in the 2023 budget for university revitalisation and upward adjustment of lecturers’ salaries. The development was announced by the Minister of Finance, Zainab Ahmed during a press briefing in Abuja. Ahmed disclosed that N470bn was provided in the allocation to […]

President Muhammadu Buhari today October 19, 2022 signed the Nigeria Startup Bill (NSB) into law to govern the multi-billion dollar tech ecosystem in the country. This was confirmed by Prof. Isa Pantami, Nigeria’s Minister of Communications and Digital Economy via his verified twitter handle. According to him, the Bill which was approved by the Federal […]

The Minister of Works and Housing, Babatunde Fashola, on Wednesday, confirmed that the construction of the 2nd Niger bridge is now completed and will soon be released to the public for use. He stated this at an ongoing press briefing to present the President, Major General Muhammadu Buhari’s (retd.) scorecard in Abuja. He said, “I […]

Nigeria’s inflation rate surged to 20.77% in September 2022, up from 20.52% recorded in the previous month. NBS stated this in its Consumer Price Index (CPI) report published on Monday. According to Nairalytics, this represents the highest rate since September 2005. On a month-on-month basis, the index rose by 1.36% compared to the 1.77% increase […]

The Academic Staff Union of Universities has suspended its eight month old strike, The PUNCH can authoritatively confirm. According to Punch, though the union is yet to make an official pronouncement, our correspondent gathered that the decision was taken at the end of the National Executive Council meeting which was held at the ASUU secretariat […]

The Court of Appeal sitting in Abuja, the Federal Capital Territory on Thursday upheld the appeal of the detained leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu. The court also discharged and acquitted the embattled leader of the proscribed group. Kanu had in his appeal dated April 29 and marked CA/ABJ/CR/625/2022 applied to […]

The Lagos State government has today (Tuesday) gotten approval from the Federal Government for the construction of the Lekki International Airport at the Lekki-Epe axis of the state. Recall that the Lagos State Government, last Friday, announced the construction of the airport slated to start in 2023. It said that the new airport would be […]

The Nigerian Bourse (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market by 45 basis points. The All-share Index (ASI) appreciated by 0.45% to close at 47,565.92 points.  In the same vein, Market Capitalization grew by N117 billion to close at N25.91 trillion while the Year-to-Date (YtD) returns […]


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