NEWS

The Naira appreciated on the official FX window yesterday, even as it depreciated on the parallel market Specifically, on the official Nigerian Autonomous Foreign Exchange (NAFEM) window yesterday, the naira...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, yesterday, Wednesday, 17 April reiterated the apex bank’s stance of not intervening in the foreign exchange (FX) market. He...

EFFC's attempt to arraign Yahaya Bello, the former governor of Kogi State, before the Federal High Court in Abuja, today proved abortive. The anti-graft agency said it has secured a...

No fewer than 1.2 million young Nigerians will be in the first batch of those to benefit from the Student Loan Scheme of the Bola Ahmed Tinubu Administration. The process...

Dangote Petroleum Refinery has announced a further reduction in the pump price of Automotive Gas Oli (AGO) otherwise known as diesel from N1200 to N1,000 per litre. The company said...

The new Electricity Act 2023 (EA) prescribes more punishment for Nigerians who steal power, illegally connect electricity, tamper with metering devices, or embark on the destruction of facilities belonging to...

The Office of the Auditor General for the Federation (OAuGF) has called on the National Assembly to recover the sum of US$2.021 billion and N13.314 billion revenues accrued from sales...

The Nigerian Airforce has said that air strikes by its Air Component of Operation Delta Safe against oil thieves in the Niger Delta, at the weekend destroyed seven (7) illegal...

The World Bank has stated that fiscal balances are improving, largely due to the ongoing fiscal consolidation efforts in Nigeria and other Sub-Saharan African nations. The bank noted this in...

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that Nigeria lost $34 billion in the last two and a half years due to the fall in...