The exchange rate of the naira at the Investors and Exporters window closed at 417 to 1 dollar on Monday, representing a 0.08 percent depreciation compared to N416.17 recorded on Friday.

The exchange rate of the naira at the Investors and Exporters window closed at 417 to 1 dollar on Monday, representing a 0.08 per cent depreciation compared to N416.17 recorded on Friday.

The Federal Capital Territory Administration (FCTA) says it has cleared over N150 billion liabilities it inherited from previous administrations.

Federal Competition and Consumer Protection (FCCPC) Tribunal sitting in Abuja, on Monday, directed MultiChoice Nigeria Limited, the operators of DStv and Gotv, to maintain status quo of its March 30 order pending the hearing and determination of the substantive matter.

The process of restoring power supply is ongoing following the national grid collapse at 6.30 p. m. on Friday, says the Federal Government.

...Awards contract for more roads

The Imo State government has directed the Ministry of Petroleum Resources to put in place measures that would deter illegal oil bunkering in any part of the State.

Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday said his administration will be creative in its financing model to provide the required funds to deliver dividends of democracy to the people of the State.

The Debt Management Office (DMO) has released a schedule of local borrowings of about N720billion by the Federal Government for the second quarter.

Mobile network subscribers in Owerri who were barred from making calls on Tuesday decried the impact of the ban by telecommunication companies on their businesses.

The Cinema Exhibitors Association of Nigeria (CEAN) on Monday said that it generated N346.6 million from tickets sold across the country in March.

The Lafarge-Wapco has been rated among the top three contributors to the mining industry’s social expenditure in 2020 with N1.26 billion.