The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated on Thursday.
Also, the oil dealers stated that there was a high possibility for the cost of petrol to rise in July, going by the recent floating of the naira against…
Lagos State governor, Babajide Sanwo-Olu, has rewarded the Lagos State University (LASU) record-breaking graduating Law student, Aminat Yusuf with a sum of N10 million.
Sanwo-Olu rewarded Yusuf who obtained a CGPA of 5.0 with the money on Thursday at the 26th convocation…
The Chief Executive Officer of Binance, Changpeng Zhao, has declared Nigeris’s subsidiary of the global cryptocurrency exchange platform as a scam.
Zhao made this known via his Twitter handle on Sunday, saying, “Binance Nigeria Limited a scam entity.”
“Binance…
Lasu Law Student, Aminat Yusuf Graduates With 5.0, Breaking 40 Year Old Record
June 17, 2023
Ahead of its 26th convocation ceremony, the Lagos State University (LASU), Ojo, has announced Aminat Yusuf as the best-graduating student with a cumulative Grade Point Average (CGPA) of 5.0 in its 40 years history.
The university said Ms Yusuf from the Faculty of Law will be rewarded with N500,000 cash prize.
The Vice Chancellor of LASU, Ibiyemi Olatunji-Bello, who disclosed this in her address…
International Monetary Fund to support Nigeria as the Naira is estimated at N663/$
June 17, 2023
The naira traded at 663.04/dollar at the close of business on Friday after a free fall following the Central Bank of Nigeria’s floating of the national currency against the dollar and other global currencies.
This means that the currency appreciated by about 5.9 per cent…
The average prices of goods rose the highest year-on-year in Ondo, Kogi, and Rivers states, according to the National Bureau of Statistics.
This is as inflation in the country rose to 22.41 per cent in May, the NBS disclosed. In the ‘Consumer Price Index’ for May 2023…
Nigeria’s stock market lost momentum for the first time since the suspension of former Governor of the Central Bank of Nigeria, Godwin Emefiele, as investors chose to take profit following the recent two-day rally.
Access Corporation saw much of its shares sold as the share value dropped N1.45 or 9.24 per cent, from N15.70 to N14.25.
Cornerstone Insurance topped the laggards list, as its share…
Eagle Aromatic Schnapps has unveiled a new campaign themed “Journey with authentic prayers” to promote hard work and dedication among Nigerians.
The company’s Head of Marketing, Mobolaji Alalade, said that the initiative was a follow-up to the relaunch of the brand…
The Lagos Chamber of Commerce and Industry has said that it will not relent on its mandate to advocate for the interest of Nigeria’s Organised Private Sector.
The President of the chamber, Michael Olawale-Cole, stated this on Wednesday during a flag-off of activities to…
The Bank of Industry says its key capital-raising transactions from the international financial market, which fueled its financial performance in 2022, have been recognised with local and international awards.The bank, in a statement, said its total assets had grown by 248 per cent between 2016 and 2022, reaching N1.71tn by the end of 2021 and closing at N2.38tn as of December 2022.
For these…