Category

Business & Economy

242 posts in this category.

Accept Old Naira Or Face Sanctions, Governors Tell Traders

In accordance with the Supreme Court judgment, the Ekiti State Government has cautioned its citizens against refusing to accept old naira notes as a form of payment. Those who do so risk being apprehended and prosecuted. Likewise, the Abia State Government has declared its intention to penalize individuals who reject the old currency. Governor Biodun…

Buhari Apologises Over Naira Redesign Crisis

In a viral video monitored in Kaduna, President Major General Muhammadu Buhari (retd) apologized to Nigerians for the financial difficulties resulting from the naira redesign policy implemented by the Federal Government. The president clarified that the monetary policy was meant to enhance the economy and not to cause any hardships to Nigerians. Buhari also pleaded…

Popular Auto Mogul, Lanre Shittu Is Dead

Popular Nigerian automobile tycoon, Olanrewaju Rasak Shittu, has died, Ogun Today can report. Mr Shittu, who owns the famous Lanre Shittu Motors was one of Nigeria’s most prominent automobile dealers and socialites, passed away Monday morning at age 65, according to a source close to the family, which asked for prayers for the deceased. He…

Updated

First Plane Lands At Gateway Agro Cargo Airport

On Thursday, during the inaugural commercial flight of the Gateway Agro Cargo Airport, located in the Ikenne Local Government Area of Ogun State along Iperu-lishan road, Vice President Prof Yemi Osinbajo praised Governor Dapo Abiodun for the project’s success. Osinbajo described the airport as a remarkable, world-class undertaking that should be replicated. The VP highlighted…

Meta To Remove Instagram’s Shop Tab

Instagram, a well-known social media site, has announced substantial changes to its home screen beginning in February 2023. The ‘Shop’ tab would be removed from the platform’s home screen as part of the adjustments, according to a Monday update from the Meta-owned platform. People can simply buy goods from platform vendors by using the “Shop”…