The National Hajj Commission of Nigeria (NAHCON) has announced an upward shift in Hajj fare for 2024 pilgrimage in Saudi Arabia. The increase in the Hajj fare, according to NAHCON is occasio…
Independent Hajj Reporters, a faith based Civil Society Organization (CSO) has said that the seemingly slow progress being recorded in pre-Hajj pilgrims’ preparations and documentation ahead of thi…
The House of Representatives on Thursday, called on the National Agency for Food and Drug Administration and Control (NAFDAC) to immediately lift the ban placed on the production and sale of sachet…
The International Monetary Fund (IMF) says Nigeria must prioritise addressing food insecurity. The IMF stated this in a report after its team, led by Axel Schimmelpfennig, IMF mission chief …
The Nigeria Labour Congress (NLC), on Tuesday night, suspended its two-day protest all over the country. The Labour, in a communique at the end of its National Executive Council meeting, sai…
The Central Bank of Nigeria (CBN) has said that foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above are required to declare their forex sources. …
Amid free depreciation of naira, the Economic and Financial Crimes Commission (EFCC) on Wednesday arrested operators of Bureau de Change at the popular Wapa open market in Kano. The raid ope…
Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de Change operator at Wuse Zone 4, Malam Ibrahim, confirme…
President Bola Tinubu has arrived Addis Ababa, Ethiopia, to participate in the 37th ordinary session of the assembly of the African Union (AU) heads of state and government. The President ar…
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceed to their mother companies overseas. The Director of Trade and Exchan…
The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective tariff model, as the country is cur…
The Senate on Wednesday summoned governor of the Central Bank of Nigeria, CBN, Mr Olayemi Cardoso over the free fall of the Naira and hyper inflation. The summon was through its Committee on…
