Veteran South African actress Connie Chiume, known for her role in “Black Panther,” has passed away at the age of 72. EKO HOT BLOG reports that Connie Chiume, the veteran South African actress known for her role in the 2018 Marvel movie “Black Panther,” has passed away at the age of 72. Her family confirmed her … Read more
The FMDQ forex market recorded a turnover of just $61.9 million, marking the lowest since January 2024. This figure is the second-lowest daily average turnover this year, following the $59.6 million recorded on January 8, 2024. EKO HOT BLOG learnt that in January, forex turnover was notably low as the central bank grappled with strategies … Read more
The Lagos State Government says its coconut project will provide 200,000 job opportunities for the youth. EKO HOT BLOG reports that the Secretary to the Lagos State Government, Mrs Bimbola Salu-Hundeyin said this during a courtesy visit by the Country Representative of the Food and Agriculture Organisation (FAO) of the United Nations in Nigeria, Mr … Read more
Fuel Scarcity: NNPCl Gives Reasons The Nigerian National Petroleum Company Limited, NNPC Ltd has explained the reasons behind the fuel scarcity in Lagos and the Capital wishes to state that the Federal Capital Territory, Abuja. In a statement by the company’s Chief Corporate Communication Officer, Mr. Olufemi Soneye, the tightness in fuel supply and distribution … Read more
How President Asiwaju Bola Ahmed Tinubu Busted NNPC FRAUD NNPC Audited Report for 2022 showed they paid For 20% shares in Dangote Refinery – Dangote says it’s a Lie. Under Buhari’s govt, the NNPC committed to invest $2.7bn and buy 20% shares in the Dangote Refinery. In January, the NNPC, after intense pressure, released their … Read more
Food Sufficiency: Southern Governors’ Forum To Promote Regional Trade-Abiodun Ogun State Governor, Prince Dapo Abiodun on Thursday said southern states have decided to promote inter-state and inter-region trade to foster food security and sufficiency. The governor also disclosed that Ogun State has decided to establish Farmers’ Markets across the state to ensure food security. He … Read more
The Chief Operating Officer of Ariel Food, Dessa Shuckerow has commended Alaro City, Free Zone, Epe for contributing immensely to the growth of the therapeutic food manufacturing company. In an interview with Eko Hot Blog, she revealed how the city was able to provide all the necessary infrastructure and enabling environment to kick start the company, which … Read more
The simplicity of the Industrial gate and the main boulevard hides the grandeur of the edifice inside the city. The anterior design is intentional. Its ease does not reflect the sophistication of Alaro City, Epe, but the tidiness of a new town that has come to set a pace. Both gates looked directly to the … Read more
Ooni of Ife bans market associations and orders market women to sell at their own prices The Ooni of Ife, Oba Enitan Ogunwusi has read out riot acts to market men and women in the ancient city amid the skyrocketed hike in prices of foods and commodities. Ooni Ogunwusi, through his chiefs on Friday, July … Read more
Ekohotblog:Tinubu’s Speech That Moves Elumelu President Bola Ahmed Tinubu’s speech at the New York Stock Exchange moved Tony Elumelu and raised the hope of local investors. Tinubu and a few Nigerian business executive were at the New York Stock Exchange where the president spoke to lure foreign investors to Nigeria. Tinubu said, “If the private … Read more
The Federal Government recently started demolishing properties to clear the way for the construction of the Lagos-Calabar coastal highway. President Tinubu has officially kicked off the construction. He says the highway will provide major economic benefits to Nigerians. Eko Hot Blog reports that President Bola Tinubu, on Sunday in Lagos State, flagged off the construction … Read more
Tips to Boost Your Car’s Fuel Efficiency In Today’s Economy In the current economic climate, with fuel prices steadily rising and the cost of living increasing, it’s more important than ever to be mindful of how we use our vehicles. Fuel efficiency isn’t just about saving money—it’s about making a positive impact on the environment … Read more
The Federal Executive Council met Tuesday and approved a few measures. One of those measures is an initiative aimed at transforming Nigeria’s infrastructure and housing sector through private partnerships. The inister of Finance and Coordinating Minister of the Economy disclosed the development at a press conference. Eko Hot Blog reports that the Federal Executive Council … Read more
Nigerian bank customers will start paying more for their electronic transfers. This comes after the CBN directed banks to charge a “cybersecurity levy”. The levy takes effect in two weeks. Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has directed all financial institutions to implement a 0.5 percent cybersecurity levy on electronic … Read more
Fintechs, including Opay and PalmPay, are discouraging crypto trading on their platforms. Their actions follow a CBN directive to the digital banks to stop onboarding new customers. There are concerns that the fintechs are being used for money laundering and terrorism financing. Eko Hot Blog reports that Nigerian fintech companies have cautioned their customers against … Read more
Maersk officials are not confirming striking an investment deal for Nigerian ports. Nigerian officials had said President Tinubu secured the investment in Saudi Arabia. It was not the first time the Nigerian presidency had apparently released a misleading statement to the public. Eko Hot Blog reports that A.P Moller-Maersk, a Danish shipping conglomerate, has appeared … Read more
President Tinubu is in Saudi Arabia where he has met with global business leaders. Some of the leaders he met were two Samsung bosses. The Nigerian leader pitched Nigeria as the best destination in terms of value for money. Eko Hot Blog reports that President Bola Tinubu says Nigeria’s investment environment operates on the principle … Read more
Importance of robust mobile wallet security in the face of increasing cybercrime. Key security practices to safeguard digital assets, including strong passwords and two-factor authentication. Collective responsibility in prioritizing digital safety to protect financial well-being. In today’s rapidly evolving digital landscape, the importance of robust mobile wallet security cannot be overstated. With the surge in … Read more
The hustle is real, and sometimes, it feels like your hard-earned Naira just disappears faster than Usain Bolt! But fear not! Here are 5 clever tricks to make your Naira work harder for you: EDITOR’S PICKS BREAKING: Olusegun Alebiosu Appointed As Acting MD Of First Bank New Minimum Wage: NLC Proposes Sanctions For Defaulting Govs … Read more
Cooking gas price in Nigeria have surged by 38% Year over Year. The increase is attributed to the foreign exchange crisis impacting the market. Government officials are engaging with stakeholders to stabilize domestic prices. Eko Hot Blog reports the cooking gas price for a 12.5 kg cylinder has risen to N14,150, about 38 percent Year … Read more