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  The naira yesterday depreciated to N1005 per dollar in the parallel market from N995 per dollar on Tuesday. Similarly, the naira depreciated in the Investors and Exporters, I&E, window yesterday to N775.31 per dollar. Data from FMDQ showed that the indicative exchange rate for the I&E window rose to …

The Commissioner for the Environment and Water Resources, Mr. Tokunbo Wahab, has ordered immediate closure of Ladipo Market, Mushin, for several environmental offences including, reckless waste disposal, unhygienic premises, and non payment of waste bills, among others He said the market would remain closed until the mandatory conditions of redress …

As the investigation into the death of the late singer Ilerioluwa Aloba, aka MohBad, continues, more details about his relationship with erstwhile label boss Afeeze Fashola, popularly known as Naira Marley, have begun to emerge. In an exclusive interview with social commentator Reno Omokri, Naira Marley addressed concerns and rumours …

The Federal Government yesterday asked the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, counterpart, to shelve their planned nationwide indefinite strike from October 3, saying going ahead with the proposed industrial action will amount to a gross violation of a subsisting court injunction. The National …

Emirates is rolling out the red carpet to welcome experienced Airbus captains, as the airline continues to expand its all wide-body fleet while enjoying exceptional demand across the network. The airline is now inviting applications from seasoned commanders to join its Direct Entry Captains programme for its fleet of Airbus …

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings PLC, has unveiled its latest insurance product, the Sunset Benefit Plan, to help customers celebrate a life well spent and provide comprehensive funeral expenses coverage and financial security during bereavement or loss of their loved ones. This innovative insurance solution …

After his sudden exit as chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami went on to approve N6 billion as payments to several contractors and consultants, TheCable can report. Nami, who was succeeded by Zacchaeus Adedeji, greenlit the payments two days after he was sacked on September 14, according to documents seen …

…As sector records 3,567 job losses in H1’23 Inventory of unsold finished products in the manufacturing sector shot up significantly by 45.4 percent in the first half of 2023 (H1’23) to N271.96 billion from N187.08 billion in the corresponding period of 2022 (H1’22) on account of escalating inflationary pressures, even …

  Abuja—Speaker, House of Representatives, Abbas Tajudeen, said, yesterday, that the annual budget of the National Assembly had been stagnant for 13 years, despite inflation and its attendant consequences. He said, notwithstanding, the expenditure of the Federal Legislature had gone up within the period, but without commensurate budgetary provisions to …

•As account maintenance fee hits N66.7bn Customers of nine leading commercial banks paid N154 billion fee for using electronic banking services in the first half of the year (H1’23). Details of the banks’ financial statements for H1’23 showed that the fee represents a 16.7 percent year-on-year (YoY) rise when compared …