Lower inflation figure still temporal, not stability — LCCI
By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has stated that the latest inflation data released by the National Bureau of Statistics (NBS) indicates a temporary easing of inflationary momentum, not yet a convergence toward a low and stable inflation regime. Recall that NBS, on Monday, reported that Nigeria’s headline inflation rate dropped to […]
Pay crisis rocks Federal Civil Service, MDAs
Anxiety and anger are spreading rapidly across the Federal Civil Service as workers in ministries, departments and agencies, MDAs, grapple with unexplained salary reductions, mounting unpaid arrears, and the absence of official communication from the Federal Government.
Naira rises to N1,380/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,380 per dollar in the parallel market from N1,385 per dollar on Tuesday. However, the naira depreciated to N1,340 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]
2027: Ex-CBN dep gov, Tunde Lemo joins Ogun guber race
A former deputy governor of the Central Bank of Nigeria (CBN), Tunde Lemo, has declared interest in the 2027 governorship election in Ogun state.
Mbah’s Economic Reforms reposition Enugu as emerging investment hub — Group
Enugu State’s ongoing economic transformation under Governor Peter Ndubuisi Mbah is attracting growing national attention, as reforms and large-scale infrastructure investments reshape the state’s development trajectory.
Lekki land dispute: Firm accuses Minister of interference
A Lagos-based company, Advance Lincon Limited, has petitioned the Lagos State Lands Bureau over an alleged dispute involving a parcel of land at Lekki Peninsula Scheme II, accusing a serving minister of interfering in the land matter.
