Naira Plunges to N1,510/$ in Parallel Market
The Naira has depreciated to N1,510 per dollar in the parallel market from N1,500 per dollar on Thursday. However, the naira appreciated to N1,469.97 per dollar in the Nigerian Foreign Excha…
The Naira has depreciated to N1,510 per dollar in the parallel market from N1,500 per dollar on Thursday. However, the naira appreciated to N1,469.97 per dollar in the Nigerian Foreign Excha…
The Nigerian Meteorological Agency, NiMet, has predicted sunshine and hazy conditions from Saturday to Monday nationwide. NiMet’s weather outlook released on Friday in Abuja, forecasts a sun…
President Bola Tinubu has signed the Electricity Act (Amendment) Bill 2024 into law, the News Agency of Nigeria (NAN) reports. The bill, which was passed by both the House of Representatives…
The Governor of the Central Bank of Nigeria (CBN) , Yemi Cardoso says the measures taken so far by the apex bank to stabilize foreign exchange (FX) rates have started yielding positive results.…
The World Bank reports that there is still significant global food price inflation. In its most recent Food Security Update report, released on Tuesday, the World Bank said high inflation wa…
The Islamic Development Bank, IsDB, says it is ready to support Nigeria to address its developmental challenges. Mr. Javed Khan, who head the IsDB Mission from the Abuja Hub of the bank to K…
By Mohammed Mohammed The operatives of Economic and Financial Crimes Commission (EFCC) has arrested Abubakar Ahmad Sirika, the immediate younger brother of the former Minister of Aviation, H…
Amid the raging war between the Ukrainian and Russia, African countries have sustained wheat importation from Europe over USS20 billion Dollars. The increased dependency of Africa on the Eur…
The Director of the Nigerian Film Corporation, Ali Nuhu has called for a focus on quality in Nigerian filmmaking, saying it can help restore the country’s integrity. Nuhu highlighted that cu…
Central Bank of Nigeria (CBN) Governor Yemi Cardoso stated that the apex bank uncovered $2.4 billion in invalid foreign outstanding claims, which are squeezing the naira and causing anxiety in the …
The Jigawa Government on Friday said it has approved over N1.4 billion for the construction and renovation of mosques across the state. The amount will also be used for the fencing of gravey…
The trial of Ahmed Idris, a former Accountant General of the Federation, on alleged N109 billion corruption charge, at the Federal Capital Territory High Court, has been adjourned to March 20 follo…
