Energy crisis: Petrol queues get longer in Lagos, environs

Despite the efforts of NNPC Ltd to flood the domestic market with petrol, long queues remained at many filling stations in Lagos and environs, yesterday. The company had attributed the emergence of queues to distribution hitches, which were further worsened by the demand of Nigerian Association of Road Transport Owners, NARTO for settlement of freight […]

Subsidising religious pilgrimage, irresponsible

AMIDST the escalating cost-of-living crisis that has made basic food items unaffordable to millions of Nigerians, it is economic irresponsibility for lawmakers to demand that the Nigerian government spend state funds to subsidise religious pilgrimages. With the naira depreciating daily and is near the N2,000 per $1 point, the national debt stock at N87.9 trillion […]

Love turned sour: How jilted lovers take fatal risks, commit suicide

Amarachi Okeh writes about how broken relationships have left many lovers devastated and some with fatal consequences Cupid’s arrow struck Tamunotonye Pere and Joy, 13 years after their innocent friendship that began on a mobile social network, 2go, blossomed into a beautiful love story in late 2022. “It was not like anybody asked anyone out. It […]

Naira Gains Strength At Official Market, Closes At N1,542/$

Following the appreciation recorded at the official end of the foreign exchange market on Tuesday, the value of the naira closed stronger at the close of trading on the Nigeria Autonomous Foreign Exchange market (NAFEM) on Wednesday at N1,542.58 to the dollar. Compared with the N1,551.24 which it closed on Tuesday, the naira had appreciated […]

Tinubu: No going back on reforms despite challenges

President Bola Tinubu on Thursday reiterated his commitment to the implementation of economic reforms necessary to facilitate business growth and create investment opportunities that support Nigeria’s growing population. “We are challenged, and we believe we will overcome the challenges. I have a can-do attitude that must be translated into a must-do attitude. We have a […]

LASG warns against false domestic, sexual violence allegations

The Lagos State Domestic and Sexual Violence Agency, a sub department of the state Ministry of Justice, has warned against false domestic and sexual violence accusations by citizens. This was disclosed in an interview with PUNCH Metro on Thursday, by the Executive Secretary of the agency, Titilola Vivour-Adeniyi. Vivour-Adeniyi deplored false accusations and statements by complainants, warning […]

FG plans cooking gas export ban to crash price

The Federal Government is to stop the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically so as to warrant a crash in price. It stated on Thursday that LPG producers in Nigeria and key stakeholders in the industry had been told to stop exporting the commodity […]

Palliative palaver: Govs tackle Akpabio, deny receiving FG N1tn lifeline

Governors on Thursday denied a claim by Senate President Godswill Akpabio that the Federal Government disbursed N1.08tn to states to address the food crisis in the country. During the inauguration of the renovated central mosque in the Iseyin area of Oyo State on Thursday, the state Governor, Seyi Makinde, said as the Vice-Chairman of the […]

Who Will Save the Naira? Manufacturers Cry Out, Want Preferential FX Allocation

•Say less than 20% of FX requirement available in banks •Concerns mount over crypto speculation as naira sustains free fall at parallel market, now N1920/$ •EFCC arrests BDC operators in Kano, Ibadan •ABCON blames FX volatility on market forces, liquidity challenges Emmanuel Addeh, James Emejo in Abuja, Dike Onwuamaeze, Nume Ekeghe in Lagos, Ahmad Sorondinki […]

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