Mcebisco 
Lagos State Governor, Babajide Sanwo-Olu, has officially commissioned the Abule-Egba Bus Terminal, marking a significant milestone in the state’s efforts to improve public transportation infrastructure. This is as he announced a 30 percent reduction in the Red Line transportation fare, making it more affordable for residents to commute within the state. The fare was reduced, … Read more
The National Assembly has rescinded its decision on the passage of the 2025 budget bill due to errors identified in allocations to capital and recurrent expenditures. The reversal, which took place on Tuesday, was necessitated by the need for adjustments in key sectors. Despite the corrections, the total budget size remains unchanged at N54.99 trillion. … Read more
Customs brokers and importers are facing redundancy and low patronage over increase in the cost of clearing goods at the ports. It was gathered that series of tariffs and surcharges by liners, terminal operators and service providers had discouraged people from importing goods as most of them cannot afford to bring in as many containers … Read more
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) begins its first meeting of 2025 today, there is more than usual interest in what is likely to be the outcome of the twoday gathering, given the consensus among analysts that inflation is likely to decline this year, writes Tony Chukwunyem Although meetings of the … Read more
The Benue State House of Assembly has moved to remove Justice Maurice Ikpambese, the Chief Judge of Benue State, from office, citing a series of ethical violations and actions deemed incompatible with his position. The resolution, passed by a majority vote on Tuesday, February 18th, followed a motion condemning Justice Ikpambese’s misconduct and abuse of … Read more
The Chairman of the Eti-Osa Bar Forum, Oladotun Hassan, has advised the Speaker of the Lagos State House of Assembly, Mojisola Meranda, to put a lid on her emotions and effectively lead the legislative body. Speaking during an appearance on Arise News on Tuesday, he urged her to resign if she cannot properly carry out … Read more
HSBC is expected to stop almost all of its UK corporate broking business and potentially cut more areas of investment banking as part of the latest leg of a strategic plan to be unveiled today, which could see 17,000 or more jobs axed, according to a report by International Financing Review (IFR). HSBC announced two … Read more
Senator Natasha Akpoti-Uduaghan has expressed deep sorrow over the tragic deaths of students in a fatal road accident in Lokoja, Kogi State. The senator extended her heartfelt condolences to the grieving families, describing the loss as an unimaginable tragedy. She stated: “My heart goes out to you in this darkest of moments. No words can … Read more
President Bola Tinubu is committed to transparency, attracting investment, and fostering sustainable growth in the oil and gas industry. This was revealed by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Chief Executive, Mr Gbenga Komolafe, at the Renewed Hope Global Virtual Town Hall Conference, which was anchored by Mr Joseph Adebola. Komolafe attributed Nigeria’s recent … Read more
Both chambers of the National Assembly have reversed the passage of the 2025 national budget earlier approved last week. Naija News reports the reversal by both the Senate and the House of Representatives is to effect corrections on some errors in line items under capital and recurrent expenditures. While the total budget size remains at … Read more