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Video shared by Twitter user Chude Nnamdi reveals the collapse of Governor Soludo's market project shops at Ochanja Market. Earlier warnings about the project's standards not meeting expectations seem to have materialized.
The Central Bank of Nigeria (CBN) is taking proactive measures to rectify distortions in the country's foreign exchange market, particularly in the retail segment. In a recent circular by Dr. Hassan Mahmud, the Director of the Trade & Exchange Department, the CBN announced its decision to...
Nigerian police joined a hunger protest, distributing pure water to demonstrators, sparking humorous reactions on social media. The protest's organizer, allegedly Tinubu, faced skepticism with comments suggesting that even after the hunger protest, the reality of hunger in Nigeria persists...
Former World Boxing Federation cruiserweight champion Bashiru Lawrence Ali, fondly known as Bash Ali, bared his soul about a 17-year struggle that saw him transition "from being a millionaire in dollars to a zeronaire in naira." The post provides a glimpse into Ali's unwavering dedication to...
In the midst of Nigeria's economic challenges, Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), addressed concerns during the first Monetary Policy Committee (MPC) meeting since assuming office in September 2023. Denying responsibility for the current economic situation, Cardoso...
In response to the persistent challenge of soaring inflation, the Central Bank of Nigeria (CBN) has announced a significant hike in the monetary policy rate, raising it by 400 basis points from 18.5% to 22.75%. CBN Governor Olayemi Cardoso revealed this decision during the 293rd Meeting of the...
Human rights lawyer Femi Falana joined the NLC rally in Lagos, standing in solidarity with the labor union's protest against economic challenges. His presence adds legal and advocacy weight to the demonstration, emphasizing the widespread concern over rising living costs and the need for urgent...
Members of the Nigeria Labour Congress (NLC) took their protests to the doorstep of the National Assembly (NASS) in Abuja, highlighting the dire economic challenges faced by Nigerians. Carrying placards and voicing concerns about rising living costs, the protesters were met with unexpectedly...
The Federal Executive Council (FEC) has given its nod to the implementation of the Steve Oronsaye panel's recommendations on the restructuring and rationalization of federal agencies, parastatals, and commissions. The move, aimed at enhancing efficiency and reducing the cost of governance...
Traders in Ayangburen Market, Sabo Ikorodu, Lagos, are facing a backlash as reports emerge that they are being compelled to pay a ₦500 "prayer levy." The news has sparked outrage among Nigerians, with many expressing frustration over the increasing burden of taxes and levies in Lagos. Critics...
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