CBN retains rate at 26.5 %, says no FX market intervention

CBN retains rate at 26.5 %, says no FX market intervention

…as Reserves hit $50b By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 percent, along with other monetary rate parameters. Briefing the media on the outcome of the 305th Monetary Policy Committee (MPC) committee, in Abuja, yesterday, the Governor of the CBN, Mr. Olayemi […]
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Obasa-backed candidates win APC Lagos Assembly primaries in Agege

Obasa-backed candidates win APC Lagos Assembly primaries in Agege

The immediate past Executive Chairman of Agege Local Government Area, High Chief Ganiyu Kola Egunjobi, and Barrister Azeez Oladapo Ninalowo have emerged winners of the All Progressives Congress (APC) House of Assembly primaries for Agege Constituencies I and II respectively.

Firm calls for higher standards, innovation in Nigeria’s plumbing sector

Firm calls for higher standards, innovation in Nigeria’s plumbing sector

By Henry Obetta Kazeem Royal Properties and Constructions Ltd. has called for improved standards, innovation, and the use of durable materials in Nigeria’s plumbing and construction sectors as part of efforts to strengthen infrastructure and public health across the country. The company made the call during an industry gathering in Lagos held alongside the inauguration […]

ABC Transport boss to chair City Business News 10th anniversary lecture

ABC Transport boss to chair City Business News 10th anniversary lecture

By Theodore Opara The Founder of ABC Transport Plc, Mr. Frank Nneji, is to chair the 10th Anniversary Lecture of City Business News scheduled to hold on Thursday, June 25, 2026, at Rockview Hotel, Apapa, Lagos.A statement issued on Wednesday by the Publisher of City Business News, Moses Ebosele, explained that the anniversary lecture is […]

Akinaka emerges as PDP senatorial candidate for Bayelsa Central

Akinaka emerges as PDP senatorial candidate for Bayelsa Central

By Emem Idio, Yenagoa A 43-year old entrepreneur Mr. Richard Akinaka, has emerged as the Peoples Democratic Party, PDP, senatorial candidate for the Bayelsa Central Senatorial District ahead of the 2027 elections. Mr. Akinaka emerged unchallenged as the sole aspirant and was declared as the party’s senatorial candidate by the PDP Vice Chairman for the […]