Fire, today, razed three buildings at the intersection of Nnamdi Azikiwe and Docemo in the Idumota area of Lagos Island, Lagos State. This was revealed in videos shared on X by netizens The state Fire and Rescue Service also confirmed the incident on its X handle, stating that the fire affected two two-storey buildings and […]
•Fire razes Nigerian market The popular Wuse market in the Central Area of Abuja, the Federal Capital Territory (FCT), was gutted by fire this evening. The cause of the fire outbreak could not be ascertained as of the time of filing this report but the incident abruptly ended the business of the day around the […]
•CBN Governor Cardoso Nigerians have continued to react differently following the announcement by Binance, the world’s biggest cryptocurrency trading platform, to exit the Nigerian market. Binance had announced yesterday to discontinue the Naira-associated services on its platform effective from March 8 amidst regulations from the Nigerian ape...
Members of the Lagos State House of Assembly have ordered the Orilowo Market in Agboyi-Ketu to register under the Local Council Development Area, LCDA, before commencing operation. This decision was made as a sequel to a peaceful protest and petition from the Orilowo perishable goods marketers to the House of Assembly over their inability to [...
•The market One person has died following a clash between two traders in the Oluwole Market in Ogba, Lagos State. Trouble ensued when two men, Hausa and Yoruba, were engaged in a verbal exchange leading to a fight and the eventual death of one who was stabbed by his opponents, reports Channels TV. According to […]
•Fuel queue in Lagos Black market racketeers are currently taking advantage of the few day’s strike actions by tanker drivers, as the price of Premium Motor Spirit popularly known as petrol skyrocketed, hitting ₦1000 per litre in some parts of Lagos States. Our patrol team today observed that most filling stations in Lagos State, Ogun [&hellip...
•Naira notes Amid current hardship ravaging the country, Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de Change operator at Wuse Zone 4, Malam Ibrahim, confirmed the rates today, reports The PUNCH. He said, Yes it is true, we are currently selling above [&he...
•Lizzy Anjorin Actress Liz Anjorin has informed the seventh market woman that accused her of stealing has been remanded after a court appearance. She further stated that the people who lied against her that she did a fake transfer should also be ready to show evidence and proof. Liz further stated that they should also […]
The foreign exchange crisis worsened yesterday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market, findings have shown. This was coming a few days after the local currency hit an all-time low at the official market, crossing N1,500 to one dollar, reports Daily Trust. The naira has come […]
The naira depreciated to N1,534 per US dollar in the official foreign exchange market yesterday, February 12, 2024 from N1, 469.97/US$ on Friday and N1,479.47/US$ on Thursday last week. Data from FMDQ showed that the indicative exchange rate for the Nigerian Foreign Exchange Market (NAFEM) fell below that of the unofficial market, reports Nige...
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