...news, reports, issues... about Lagos
Former Attorney-General of the Federation and Minister of Justice, Michael Aondoakaa said Nigerians would be able to feed themselves once the issue of insecurity is fixed. Aondoakaa said this in an interview with Arise Television on Tuesday. He said, “The main issue now is that of security. Nigerians have the capacity to feed themselves. They […]
The queues, The PUNCH gathered, started building up in some parts of Lagos on Tuesday. The queue was borne out of fear by Nigerians that premium motor spirit might become scarce as a result of the now-suspended NARTO strike. On Tuesday and Wednesday, Nigerians stormed filling stations to engage in panic buying. It was learnt that the […]
•Deploys ONSA, CBN, Police, EFCC, Customs, NFIU to combat speculative activities •Tinubu Says $10bn FX inflow coming •President declares govt will create millions of jobs, unlock trillions in public wealth to boost economy •Shettima: Some forces hell-bent on plunging country into anarchy •NACCIMA writes CBN Gov, minister of trade, proffers Strategies to address naira slide, […]
LAGOS — The Nigeria Employers’ Consultative Association, NECA, has advised the Federal Government to eschew pride and review the removal of fuel subsidy and the floating of nation’s currency, the naira, warning of looming unemployment crisis, particularly with the current harsh economic situation. 4 NECA’s position came on a day oil marketers, under the aegis […]
Presidency has accused unscrupulous Nigerians of working to undermine President Bola Ahmed Tinubu administration to revamp the Nigerian economy. It declared that smugglers and politicians were the brains behind the attempt to pull the nation backward. The presidency condemned the decades of mismanagement and underutilisation of the country’s assets within and outside the borders, leading […]
The federal government has announced that plans have been concluded on the determination of food prices in Nigeria. The Minister of Agriculture and Food Security, Senator Abubakar Kyari, who disclosed this in Abuja also gave hints on the projects and initiatives the federal government to stem the rising cost of food in the country. Kyari […]
Cement Manufacturers have agreed to sell a 50kg bag of cement at a retail price between N7,000 and N8,000, depending on location nationwide, The PUNCH reports. However, the manufacturers stated that the price drop from the current market price would depend on the fulfillment of certain government interventions to ameliorate critical challenges faced in the […]
The organised Labour on Monday began mobilising its members for a nationwide protest slated for February 27 and 28 over the cost of living crisis in the country. Sources in the leadership of the Nigeria Labour Congress told our correspondents that the National Executive Council met via Zoom on Friday, February 16, to review the […]
NIGERIANS are known for their patronage of eateries and local restaurants with the best food. In fact some patronize expensive restaurants to show off their wealth. However, food, a major need of humans, has become very difficult to purchase that many now go for a day or two without it. The increasing prices of goods […]
Dollar sales by Deposit Money Banks and other entities at the Nigeria Autonomous Foreign Exchange Market dropped by $252m to $84.1m on Friday. This represents a 74 percent drop from the $331.1m transactions recorded at the official Nigeria Autonomous Foreign Exchange Market on Thursday. Meanwhile, the naira depreciated to N1,537/$ on Friday from N1,498/$ recorded at the […]
