FG eyes $750m W’Bank loan, mulls telecom tax

In pursuit of securing a new $750m loan from the World Bank, the Federal Government may reintroduce previously suspended telecom tax and other fiscal measures. This is according to the Stakeholder Engagement Plan for Nigeria – Accelerating Resource Mobilisation Reforms programme between Nigeria and the World Bank. A copy of the plan’s document posted on […]

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Ilechukwu, Ogunbote, Eguma battle for NPFL award

Enugu Rangers coach Fidelis Ilechukwu, 3SC coach Gbenga Ogunbote, Stanley Eguma of Rivers United and Niger Tornadoes gaffer Majin Mohammed have been nominated for the League Bloggers April Manager of The Month Award in the Nigeria Premier Football League. The League Bloggers Award is an initiative of MatchRoom Sports & Media Ltd and has since 2009, […]

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VCDF partner LAWMA, Iru LCDA to conduct ‘Street Hygiene & Cleanliness’ campaign in Lagos

Living healthy lives can be enabled by embracing and maintaining cleanliness in our urban surroundings, we not only enhance the hygiene of our streets and drains but also contribute to mitigating the adverse effects of pollution and promoting a sustainable future for generations to come. On April 6th, 2024, a community-driven initiative took to the […]

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Forex: Turnover in NAFEM falls 37% to N3.47bn

The volume of dollar traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, declined month-to-month (MoM) by 37.4 percent to $3.47 billion in April 2024 from $5.54 billion in March 2024. Vanguard analysis of weekly  transactions in the market as published by FMDQ showed that turnover stood at  $836.66  million in the first week of April […]

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Marketers remain upbeat as petrol scarcity enters third week

Petrol supply challenges facing the country entered its third week yesterday with marketers remaining upbeat about the situation following the release of more volumes by NNPC Limited. Checks by Vanguard showed that while the length of queues at some of the filling stations opened to motorists in Abuja has reduced significantly, the situation in Lagos remains unresolved. Around the central area of the […]

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