Daily Record

Forex turnover hit N22tn in seven months on FMDQ

Forex The turnover of foreign exchange on the FMDQ hit N22.98tn ($44bn) in the period between January and July 2023. This was revealed in the August edition of the FMDQ Spotlight, a monthly publication by the exchange. FMDQ is now the only recognised forex market following harmonisation of the foreign …

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Contractors protest as FG dumps asphalt for concrete roads

Minister of Works, David Umahi The Federal Government and leading road construction companies working on several major highways across the country may clash any moment from now following the decision of the government to dump asphalt for concrete technology, findings by The PUNCH have revealed. The new Minister of Works, David …

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Chiedu Ebie: A technocrat takes on the NDDC, By Tonye Timi

 #image_title #attachment_caption   On the day announcement was made of the appointment of Mr. Chiedu Ebie as new Chairman of the Niger Delta Development Commission (NDDC), the oil flow station at Owa-Alidinma, a shouting distance from Agbor-Alidinma, Chiedu Ebie’s community was crowded with workers and engineers of Pan-Ocean Oil Company …

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Edo deputy gov, Shaibu, withdraws suit against Obaseki

 Obaseki and Shaibu   The Edo State Deputy Governor, Philip Shuaibu, has withdrawn the suit he instituted at the Federal High Court, Abuja, to stop alleged plots by the state governor, Godwin Obaseki, to impeach him. The withdrawal was contained in a circular Shaibu issued dated September 5, 2023. Citing …

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