Dollar May Exchange For N4000 At Year End -Ozekhome
Lawyer and human rights activist, Mike Ozekhome has indicated that should the Naira keep on falling against the Dollar at its current rate, it...
Nigerian Govt was losing N400bn monthly to fuel subsidy – Finance Minister, Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says fuel subsidy was costing the Federal Government N400 billion monthly.
Edun revealed...
FAAC: FG, States, LGs share N1.149trn January revenue
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and...
VP Shettima unveils Presidential Committee for $2.5bn green economy
The Vice President of the Federal Republic of Nigeria, His Excellency, Senator Kashim Shettima, will today at the Presidential Villa, Abuja inaugurate the committee...
FCMB launches accelerator programme for one million SMEs
First City Monument Bank has launched an accelerator programme to upskill and grow over one million small and medium-sized enterprises in Nigeria.
A statement from...
Naira depreciates to N1,465/$ in parallel market
ABUJA - The naira yesterday depreciated to N1,465 per dollar in the parallel market from N1,445 per dollar on Tuesday.
However, the naira appreciated to...
We’ll open reserves to address food costs — FG
ABUJA — The Federal Government, yesterday, assured Nigerians that food items would be released from the National Food Reserves as part of the measures...
ALSCON privatisation dispute persists
Those who have been keeping up with the news about the Aluminum Smelter Company of Nigeria (ALSCON) and its privatization would likely agree that...
Naira: Official Market Records Highest Rate At N1,513/$
Despite the Central Bank of Nigeira (CBN) clearing off the verified backlog of foreign exchange claims owed foreign airlines on Tuesday, the value of...
BREAKING: First Bank Holdings appoints Otedola as board chairman
The First Bank of Nigeria (FBN) Holdings has appointed Femi Otedola, the businessman and investor, as the new chairman of its board of directors.
The...