Exchange Rate and Inflation Dampening Real Estate Expansion
The real estate sector in Nigeria is grappling with significant challenges due to volatile exchange rates and soaring inflation, which have severely impacted growth...
FG Sets Jail Threat for Private Employers Paying Below N70,000
The Federal Government has urged private sector recruitment agencies to comply with the N70,000 minimum wage, emphasizing that any non-compliance will face strict penalties.
The...
FG Urges Nigerians to Move from Floodplains After Lagdo Dam Water Release
On Thursday, the Federal Government, through the Nigeria Hydrological Services Agency (NIHSA), announced that water from the Lagdo Dam in Cameroon has been released...
Kano disbands interim management committees across 44 LGAs
Kano State Governor, Abba Yusuf, has dissolved the Interim Management Committees overseeing all 44 Local Government Areas (LGAs) in the state.
The announcement, which takes...
Naira slumps to N1,645 per dollar in parallel currency market
Yesterday, the Naira depreciated in the parallel market, dropping to N1,645 per dollar from N1,640 on Tuesday.
Meanwhile, in the Nigerian Autonomous Foreign Exchange Market...
