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Road transportation costs to East, South-South, and Northern Nigeria soar this festive season Nexovant
Lagos, the most populous state in Nigeria, is home to millions of people originally from various parts of the country. As the festive season approaches, many residents are preparing to travel back to their hometowns to reconnect with family and loved ones. While some have already started their journeys, the full festive rush is still […]
Senate moves to suspend Dollar, Pound Sterling, other foreign payment In nigeria Nexovant
A law prohibiting the use of foreign currencies for payments and transactions within Nigeria passed First Reading Senator Ned Munir Nwoko, the head of the Senate Committee on Reparations and Repatriation, sponsored the bill The proposed law mandated that all domestic financial transactions, including salaries and payments, be conducted in Naira Legit.ng journalist Zainab Iwayemi […]
IMF confirms talks with Argentina about new loan agreement Nexovant
Argentina President Javier Milei has slashed government spending since taking office. Photo: Filippo MONTEFORTE / AFP/FileSource: AFP The IMF and Argentina have begun negotiations over a new loan agreement as the current program draws to a close, a spokesperson for the international financial institution confirmed Thursday. “The authorities have formally expressed interest in moving to […]
FG transfers electricity market regulatory oversight in Lagos to LASERC Nexovant
The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has announced the transfer of regulatory oversight of the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission (LASERC). This was contained in a statement released by NERC on X (formerly Twitter) on Thursday. This move follows the amended provisions […]
FG to implement proof of address system to tackle insecurity in 774 LGA Nexovant
The Federal Government, in collaboration with key stakeholders, is set to implement the “Proof of Address System Initiative” aimed at addressing insecurity across Nigeria’s 774 local government areas. The initiative was unveiled during a Stakeholders’ meeting for the Activation and Implementation of the Local Government Proof of Address System, held in Abuja. Senator George Akume, […]
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