The Naira further appreciated in the official market on Friday, trading at N1,474.78 to the Dollar. Data from the FMDQ Securities Exchange official forex trading platform revealed that the Naira gained N11.17. This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the …
Read More »Glo Festival of Joy Promo Draw held in Ibadan
Telecommunications giant, Globacom, has held a draw in Ibadan to select new winners in its ongoing loyalty reward promo, Festival of Joy. The event, which took place at the Challenge Office of Globacom, was attended by the media as well as a large gathering of walk-in customers, some of who …
Read More »Dominion City Empowers Members for Next Level Exponential Growth; proposes N1Billion Entrepreneur Support Fund
Dominion City Church is increasingly engaging in initiatives to equip members for exponential growth and foster sustainable socio-economic advancement, as it has budgeted N1billion to empower entrepreneurs in the country. These were part of the outcomes at the just-concluded 2025 Lagos Executive Leadership Retreat for Entrepreneurs & Career Professionals, held …
Read More »African Humanitarian Awards Recognizes Adedolapo Osuntuyi’s Work in Education
Adedolapo Osuntuyi, Executive Director of the Dolly Children Foundation, earned the African Humanitarian Award in the “Education Champion” category on January 26, 2025, at the Sheraton Hotel in Lagos. The award celebrates her unrelenting commitment to empowering poor children in Africa via education. The African Humanitarian Awards, hosted on January …
Read More »Customs Kirikiri command raised N107bn revenue in 2024 -Official
The Nigeria Customs Service, Kirikiri Lighter Terminal, Lagos announced that it collected the sum of N107.1bn as revenue in 2024. In a statement on Wednesday, the Customs Area Controller in charge of the command, Joy Edeldouk, added that the figure represented a 101 per cent increase when compared to N53.4bn …
Read More »CBN clears outstanding $7bn FX backlog
Governor of the Central Bank of Nigeria, Olayemi Cardoso, on Wednesday, announced that the Federal Government has cleared the outstanding $7bn foreign exchange following a successful verification exercise by forensic auditors. Cardoso disclosed this at the launch of Nigeria’s Regulatory Policy Framework organised by the Presidential Enabling Business Environment Council. …
Read More »NAFDAC shuts notorious fake wine production hub, Aba Cemetery market, for clean-up
Aba Cemetery Market in Abia State notorious for sale of fake bottles of wines and beverages has been shutdown again by the National Agency for Food and Drug Administration and Control (NAFDAC) The shutdown of the the cemetery market regarded as the most dreaded and hitherto safe haven for the …
Read More »Actress Eniola Ajao returns to Cinemas with ‘Owanbe Thieves’
Nigerian actress and filmmaker Eniola Ajao is set to return to cinemas nationwide with her latest film, ‘Owanbe Thieves’, premiering on April 18. Following the success of her previous film, ‘Ajakaju: The Beast of Two Worlds,’ which grossed ₦250 million at the box office, Ajao is eager to captivate audiences …
Read More »APC drops the Hammer: Aregbesola expelled over anti-party moves
The All Progressives Congress (APC) has expelled former Minister of Interior and ex-Osun State Governor, Rauf Aregbesola, citing anti-party activities. Aregbesola, who led Osun State for two terms, was accused of violating Article 21 of the APC constitution by forming a faction, The Osun Progressives, later rebranded as the Omoluabi …
Read More »Federal government sues Newcross Petroleum Ltd over alleged tax evasion
Oil Firm, Newcross Petroleum, Directors sued over tax evasion of $15.7m USD, N131.4m The Federal Government of Nigeria has filed before a Federal High Court in Lagos eight- count charge of evasion of taxes in the sum of $7,864,569.48 and N67,682,818.03 against NEWCROSS PETROLEUM and seven officials of the company. …
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