Lagos-Calabar Highway: FG Commences N2.7bn Compensation Payment, Faults Landmark Title The Minister of Works, David Umahi, has faulted Landmark Group shoreline’s title, stating that the shoreline never belonged to the property company. He faulted Landmark Group shoreline’s title at a stakeholder meeting on compensation payments to...

FG to Revoke Gas Licenses, Gives Fresh Conditions  The Federal Government says it will stop granting licences to gas companies with no capacity to build pipelines for gas distribution. This, the government said, became necessary to discourage the transportation of compressed natural gas through the roads. The...

FG Begins 15-day Emergency Fuel Supply to Curb Scarcity  The Federal Government says it has begun a 15-day emergency fuel supply to ensure the commodity circulates across the length and breadth of the country. As fuel scarcity continues to bite harder in different locations, FG also...

Pension Fund Declines 0.47% to N19.669tn in 18 Months - Report The pension fund of Nigeria has declined for the first time in 18 months after portfolio rebalancing by Pension Fund Administrators. Monthly data from the National Pension Commission showed that the pension fund declined by...

Hon. Olugbenga Edema, a governorship aspirant from the All Progressives Congress (APC) political party in the recently concluded governorship primaries in Ondo State, is advocating for an increase in the minimum wage of workers in Nigeria. 

MTN Nigeria has experienced significant financial strain as a result of the continued depreciation of the naira, reporting a net foreign exchange loss of $4,810, million in Q1 2024, contributing to a record high forex loss of $102,363 billion since 2023.