he Central Bank of Nigeria (CBN) said it has sold $210 million at the Foreign Exchange Market (Forex) as the Acting Director, Corporate Communications at the CBN, Mr. Isaac Okorafor, who confirmed this yesterday, said the bank offered $100 million to the wholesale segment, while the SMEs segment received $55 million.
Global oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising U.S. output capped gains. According to Reuters, Brent crude oil LCOc1 was up…
The Nigerian Senate has rescheduled its planned debate on the proposed 2018 budget submitted by President Muhammadu Buhari till November 28. The debate was scheduled to hold on Wednesday and Thursday this week. Senate President Bukola Saraki announced this at…
Speaking about his experience at JAMB, he said: If I can think of any major challenge, I think it is the issue of trust. Many people do not know the value of trust. Many people they make promise that they do not intend to keep.
Vice President has called on countries in the West African sub-region to treat money laundering and other illicit financial crimes with zero tolerance
Decline in the number of firms in the modern textile sector is partly due to inconsistent policies of various governments including the WTO agreement
the group, which is voluntary and independent of government, observed that advertisement-bearing vehicles were being made to pay multiple taxes in all 774 local government councils of the country and this should be discouraged.
by Saidat Salau & Enitan Daramola History was made in the Langbasa community, Lagos Nigeria as they coronated for the first ever monarch over the whole of Langbasa East local government in person of Oba Hafeez Olakunle Badiru, the Elejigbo…
The Governor of Lagos State, Mr. Akinwunmi Ambode, has said plans are at advanced stages to generate constant electricity for residents of the state in 2018. He noted that the state government had already devised strategies to short-circuit power generation,…
In a clear indication of ongoing progress, the Nigerian economy has improved further, according to the latest GDP figures just released by the National Bureau of Statistics, with oil, agriculture and industrial sectors leading the charge. A statement issued on…
