The Central Bank of Nigeria (CBN) facilitated the remittance of approximately $600 million through International Money Transfer Operators (IMTOs) in one year, the apex bank Governor, Olayemi Cardoso broke the…
The World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long period and may…
The Central Bank of Nigeria, CBN, has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth $2.4bn. The CBN Governor, Olayemi Cardoso, disclosed…
The Minister of Power, Adebayo Adelabu, says there is a need to have power grids in different regions or states to put an end to incessant grid collapses. The minister…
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator…
The Governor-elect of Edo State, Senator Monday Okpebholo, on Wednesday, told banks and other financial institutions to avoid approving loans to any government official in the outgoing Godwin Obaseki-led administration.…
Thomas Tuchel was named England’s new manager on Wednesday, with the German set to start on January 1, 2025. The 51-year-old, who has been out of work since leaving Bayern…
Lagos State Governor, Babajide Sanwo-Olu, has announced that his government plans to pay workers a minimum wage of N85,000. Sanwo-Olu disclosed this on Wednesday evening during an interview on Channels…
The Living Perfect Master and the Founder of One Love Family, Satguru Maharaj Ji, has called out the general overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch…
Over 90 Persons lost their lives in a petrol tanker explosion in Majiya Town, located in the Taura local government area of Jigawa State, early Wednesday morning as gathered by…