Business

SERAP Sues FG Over Illegal Pipelines

The Socio-Economic Rights and Accountability Project has filed a lawsuit against the government of the President Muhammadu Buhari over “the failure to probe the operations of illegal oil pipelines between 2001 and 2022, to name and prosecute those suspected to be involved, and to recover proceeds of crime.” The suit …

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Redesigned Naira Is A Strategy – Buhari

President Muhammadu Buhari, Wednesday said he approved redesigning of the Naira notes in order to address hoarding of the banknotes outside the banking system, shortage of clean and fit banknotes in circulation, and the increase in counterfeiting of high-denomination banknotes. President Buhari, who stated this, while launching the new Naira …

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Buhari Unveils Re-Designed Naira Notes

President Muhammadu Buhari on Wednesday finally unveiled the re-designed Naira Notes as proposed by the Central Bank of Nigeria (CBN). The CBN Governor, Mr Godwin Emefiele had on Tuesday said that the president will unveil the newly designed N1,000, N500 and N200 notes. The unveiling today, marks the first time …

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Fuel Scarcity Hits Harder In Lagos

More filling stations closed to motorists across Lagos metropolis and its environs while the few that sold had long queues of vehicles. The petrol stations hiked prices of petrol between N205 and N220 per litre. However, a few filling stations operated by major marketers sold at N185 per litre. The …

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