Fuel Scarcity Grips Sokoto State, Residents Decry Hardship
Residents of Sokoto State have been grappling with the devastating effects of fuel scarcity, which has inflicted untold hardship across all parts of the state. The scarcity has severely impacted businesses and daily activities, leaving commuters and residents distressed. Commuters lamented the closure of most filling stations, citing purported product shortages as the reason behind […]
MTA Chair Reveals Start Date for NYC Congestion Pricing Plan
New York City’s highly debated congestion pricing initiative has now been given an official start date. MTA Chair and CEO Janno Lieber made the announcement on Friday, revealing that the plan will commence for New Yorkers on the early hours of Sunday, June 30, at precisely 12:00:01 a.m. Expressing his enthusiasm, Lieber remarked, “I am […]
FG: NCAA To Audit All Local Airlines
The Federal Government says the Nigerian Civil Aviation Authority (NCAA) will carry out a comprehensive audit of all local airlines in the country following the suspension of Dana Airlines after one of the airlines’ planes skidded off the runway at Lagos airport. Festus Keyamo, The Minister of Aviation and Aerospace Development, yesterday, on the television […]
FCCPC Grills Owners of Chinese Supermarket in Abuja Over Discriminatory Practices
Operatives of the Federal Competition and Consumer Protection Commission (FCCPC) in Abuja conducted an investigation into allegations of discriminatory practices against Nigerians at a Chinese supermarket on Wednesday. The FCCPC summoned the owners of the supermarket following the closure of the facility on Monday over allegations of discrimination. In a post on X (formerly Twitter), […]
Multichoice Announces Price Hike on DSTV, GOtv Packages Starting May 1
Multichoice, one of the leading satellite television service providers in Sub-Saharan Africa, has informed its customers of an impending increase in prices for both DSTV and GOtv packages. The announcement, titled ‘Price Adjustment on DStv and GOtv Packages,’ was made by the company’s Chief Executive Officer, John Ugbe, in a statement issued to customers on […]
Binance Ban: EFCC Freezes 300 Crypto Accounts
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the agency has taken decisive action to safeguard the stability of the foreign exchange market by freezing approximately 300 accounts. Olukoyede made this disclosure on Tuesday while addressing journalists at the EFCC Headquarters. According to Olukoyede, the EFCC has uncovered […]
Dangote Petroleum Refinery Slashes Diesel, Aviation Fuel Prices Again
Dangote Petroleum Refinery has once again taken a significant step towards alleviating the economic burden on Nigerians by reducing the prices of diesel and aviation fuel. The refinery announced a reduction to ₦940 per litre for diesel and ₦980 per litre for aviation fuel, following its recent price cut to ₦1,000 per litre just two […]
CBN Sells $10,000 to BDCs at ₦1,021/$1
In a bid to stabilize the foreign exchange market and address the retail-end demand for foreign currency, the Central Bank of Nigeria (CBN) has announced the sale of $10,000 to Bureau De Change (BDC) operators at the rate of ₦1,021/$1. This marks the second of such sale this month and the fourth in the current […]
FCCPC Seals Chinese Supermarket in Abuja Over Discriminatory Policy Against Nigerian
Officials from the Federal Competition and Consumer Protection Commission (FCCPC) took decisive action on Monday by sealing off an Abuja-based Chinese supermarket located within the premises of the China General Chamber of Commerce. The move comes in response to widespread public outcry following reports of discriminatory practices against Nigerian shoppers. Upon arriving at the supermarket, […]
First Bank appoints Olusegun Alebiosu as Acting CEO
FBN Holdings Ltd has officially notified the Nigerian Exchange Limited that it has appointed Olusegun Alebiosu as the Acting Chief Executive Officer of its subsidiary, First Bank of Nigeria Limited. The appointment of Mr Alebiosu follows the resignation of Adesola Adeduntan, who was due to complete his tenure in December. Alebiosu joined First Bank in […]
