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Umahi defends Ondo Coastal Highway diversion
*Minister cites 100-metre-deep pits, high construction costs behind route change By John Alechenu, Abuja The Minister of Works, David Umahi, has defended the Federal Government’s decision to divert the Ondo section of the Lagos-Calabar Coastal Highway, saying the original route crossed terrain with pits more than 100 metres deep and would have significantly increased construction […]
Top 10 longest flights in the world in 2024
Modern non-stop long-haul flights make traveling to faraway destinations easier than ever. Passengers can now travel long distances without stopping or needing to change planes.
Senate passes N70,000 Minimum Wage Bill
THE Senate has passed a bill that seeks to amend the National Minimum Wage Act, 2019, to increase the National Minimum Wage from N30,000 upward to the sum of N70,000.
Naira down to N1,585/$ in parallel market
The Naira yesterday depreciated to N1,585 per dollar in the parallel market from N1,575 per dollar last week Friday. Similarly, the Naira appreciated to N1,500.32 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
My friend laughing at me after warning me to not invest in Nigeria – Dangote
President of the Dangote Group, Aliko Dangote has shared that a wealthy friend who had previously advised him against investing in Nigeria is now taunting him for ignoring his advice.
Economy faces threats with 1.4m bpd crude output
THE outlook for Nigeria’s oil output, including condensate, remains gloomy at 1.4 million barrels per day, mbpd, in the second half of 2024, according to industry data and forecast.
