*Local currency trades at discount on street market Naira may be on track to regaining N1,300/$ as the dumping of hard currencies warehoused by speculators turns the foreign exchange (FX) into a buyer’s market. The sluggish recovery of the local currency seems to have gained more speed in the past […]
Author: Aisha Muhammed
NNPC Says Processes For Public Ownership Of Its Shares To Begin Soon
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mele Kyari, yesterday said that the anticipated public listing of the company’s shares at the stock market as provided for in the Petroleum Industry Act (PIA) will start soon. Kyari told international oil and gas players participating […]
Budget Padding: N47.5 Billion For Rehabilitation Of 50 Schools Without Location
Nigerian Government Allocates N47.5Billion For Rehabilitation Of 50 Schools Without Locations Amid Budget Padding Scandal.” SaharaReporters earlier reported that the now-suspended Senator Abdul Ningi two weeks ago alleged that the leadership of the Senate padded the 2024 budget by N3.7 trillion. As Nigerians continue to probe into the alleged padding […]
Food Prices In Governor Sanwo-Olu’s Subsidised Market Higher Than Actual Market
Food Prices In Governor Sanwo-Olu’s Subsidised Market Are Even Higher Than Actual Market – Lagos Residents Lament Some residents of Lagos State have claimed that the food items being sold at the discounted market recently launched by the state government are actually expensive in comparison to the actual market prices. Recall […]