News at the speed of light
At a stakeholders’ consultative meeting in Abuja, Shell Petroleum Development Company of Nigeria’s Managing Director, Mr. Osagie Okunbor, called on the Federal Government to address the $1.3 billion…
The Central Bank of Nigeria (CBN) has refuted recent reports suggesting the potential conversion of foreign currencies in citizens’ domiciliary accounts to naira as a measure to address…
The Comptroller General of the Nigeria Customs Service (NCS), Bashir Adeniyi, disclosed to the House of Representatives Committee on Customs and Excise that the service generated a total…
As Nigeria grapples with the persistent depreciation of the naira, the nation finds itself in the throes of escalating pain and despair. The unrelenting devaluation of the currency…
In a bid to stabilize the nation’s exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to divest their surplus dollar holdings by…
In a significant leadership transition, billionaire businessman Femi Otedola has been appointed as the chairperson of the board of FBN Holdings Plc, marking a pivotal moment for the…
In a recent circular, the Central Bank of Nigeria (CBN) announced its decision to relocate several vital departments to Lagos, aiming to alleviate congestion at its head office…
The Central Bank of Nigeria (CBN) has announced the successful completion of payments to verified claims by airlines, including an additional injection of $64.44 million. Mrs. Hakama Sidi-Ali,…
According to the latest 2024 Minimum Wages report by Picodi, Nigeria has emerged as one of the top five countries with the highest growth in minimum net monthly…
The Federal Government of Nigeria has achieved a significant milestone by finalizing a $7 billion investment deal with India, as part of the $14 billion pledged during the…
