Category: Business

Here comes Eko Rice

….As Sanwo-Olu launches N5b forward contracts for paddy supplies • Commodities Exchange lists, trades Lagos’ rice at N33,000 per 50kg bag • State projects...

Compressed natural gas 400% cheaper than petrol says oil marketers

Over reliance on Petrol,PMS may soon come to an end. Reason: Petrol marketers have identified the use of Compressed Natural Gas,CNG, in automobiles, when fully deployed,...

Economic programmes: FG urged to use 20million cooperatives societies platform nationwide

… Pledges coop partnership with Tinubu’s administration to develop nations economy The Federal government have been urged to use the platform of the twenty...

Process for salary increase for Tinubu, others not yet completed says RMAFC

  The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has cleared the air on the proposed 114 per cent increment of salaries of President Bola...

Naira in free fall exchanges at N600 against U.S.D1

Naira closes at N756/$ as trading rises at investor’s window

  The naira appreciated by 1.79 per cent against the United States dollar on the Investor & Exporter forex window on Tuesday, closing at N756.61/$. On Monday,...

Oil price rebounds to $107 per barrel

Oil prices has climbed to $76.13

  Oil prices rebounded to $76.2 early on Wednesday, recovering after two straight sessions of losses, as expectations of hawkish Federal Reserve talk later in the...

Naira exchanges 770.38 to US Dollar at Official Market

    The naira slumped further to the dollar after closing at 770.38/$ at the end of trading on the investor & exporter forex window on Monday.  ...

Alaba demolition notice : Iwuanyawu expresses Ohanaeze Ndigbo’s Apprehensions 

….No cause for concern says traders     The Ohaneze Ndigbo has expressed concern over the lingering problems in Lagos over the planned demolition of some...

17 buildings to be demolished in Alaba market – LABSCA

The Lagos State Government through its Building Control Agency (LASBCA) has marked no fewer than 17 heavily distressed buildings for immediate demolition across Alaba...