OPay And Kuda Microfinance Bank Resume New-Customer Onboarding Following CBN-Clearance (Details) Leading fintech companies OPay and Kuda Microfinance Bank have announced that they are resuming new...
Just In: NDIC Reassures Banking-Customers Of Deposit-Safety After Heritage Bank License-Revocation (Details) The Nigeria Deposit Insurance Corporation (NDIC) has assured customers of banks in the country...
NDDC Managing Director Calls For Increased Boat-Services Linking Niger-Delta States (Details) Samuel Ogboku, the Managing Director of the Niger Delta Development Commission (NDDC), has urged additional...
Breaking: CBN Revokes Heritage Bank’s Operating-License (Full Details) The Central Bank of Nigeria (CBN) has revoked the operating license of Heritage Bank, a commercial bank in...
Current Black-Market Dollar To Naira Exchange-Rate On June 2, 2024 (Details) Current Exchange Rates As of June 1, 2024, the exchange rate for a dollar to...
Breaking: Dangote-Refinery Achieves Milestone: Ships 45,000 Metric Tons Of Jet Fuel To Europe (Details) The Dangote refinery in Nigeria has achieved a significant milestone with the...
Presidential Committee Proposes-Temporary Fixing Of Forex-Rate For Import-Duties At N800 Per-Dollar The Presidential Fiscal Policy and Tax Reforms Committee has proposed a temporary fix for the...
Nigerians React As Delta State Government Demands Salary Refund From Over 200-Absentee Doctors And Nurses (Details) The Delta state government has announced that over two hundred...
Nigerians React As Netizens-React To Plunge In Davido’s Meme Coin-Value (Details) Netizens have expressed their frustration after the value of Davido’s meme coin, $DAVIDO, plummeted by...
FG Secures $500million World Bank-Loan To Strengthen Electricity Distribution-Companies (DisCo) Performance This was contained in a press statement by the Bureau of Public Enterprises (BPE), Head,...
The Federal Government has appealed to organized labour to demonstrate consideration and patriotism in the ongoing negotiation for a new national minimum wage. The appeal was...
Organised Labour has rejected the Federal Government’s new minimum wage proposal of ₦60,000, stating that it does not align with the nation’s economic realities. The Trade...
The Nigerian National Petroleum Company Limited (NNPCL) has reported the discovery of 122 illegal oil refining sites in the Niger Delta region over the past week....
The Senate Committee on Banking, Insurance and other Financial Institutions on Tuesday postponed its public hearing on the Central Bank of Nigeria (CBN) Act (Amendment) Bill and...
The prosecution commenced trial on Tuesday, May 28, before the High Court of the Federal Capital Territory (FCT) in two criminal cases involving former governor of...
Just In: African Nations With The Most Elevated Minimum-Wage The Nigeria Labour Congress (NLC) and the Federal Government under President Bola Tinubu’s leadership find themselves locked...
Nigeria Customs Service-Adjusts To Foreign Exchange Rate For Tariffs And Duties (Details) The Nigeria Customs Service (NCS) has recently modified its foreign exchange (FX) rate for...
Naira Appreciates To 1,339.33/$ On Official-Market As Turnover Drops The naira appreciated to 1,339.33 per dollar at the close of trading on the official window on...
Nasarawa State Governor Abdullahi Sule has initiated the disbursement of a $250,000 revolving loan facilitated by the World Bank under the Agro-Climatic Resilience in Semi-Arid Landscapes...
What is the Dollar to Naira exchange rate at the black market, also known as the parallel market (Aboki fx)? See the black market Dollar to...
Nigerians were forced to pay inflated prices for essential foods like beef, rice, beans, white garri, and yam in April….CONTINUE READING The National...
Nigerians have expressed a mix of excitement and commendation as the Edo State Government, under the leadership of Governor Godwin Obaseki, fulfills its promise to increase...
The Nigerian Exchange Limited (NGX) has announced the delisting of Arbico Plc shares from its Daily Official List, following the company’s application for the delisting of...
The naira maintained its position on the unofficial market, appreciating against the dollar as the dollar index faced losses amid profit-taking activities….CONTINUE READING ...
The recent 150 basis points hike in the monetary policy rate (MPR) by the Central Bank of Nigeria (CBN) has drawn criticism from the Director-General of...
The African Development Bank (AfDB) has pledged a significant investment of $1.44 billion to support the development of crucial infrastructure sectors in Nigeria. Akinwunmi Adesina, President...
The federal government of Nigeria has earned N16.4 billion from May 2023 to April 2024 through mining royalties and sundry fees. This announcement was made by...
The Federal Competition and Consumer Protection Commission (FCCPC) has embarked on fact-finding engagements with traders’ associations and marketers in Katsina State to curtail the continued rising...
The Association of Bureau De Change Operators has faulted the Central Bank of Nigeria’s fresh recapitalization requirements for its members amid the foreign exchange crisis….CONTINUE READING...
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, revealed on Monday that Nigeria’s oil and gas sector has attracted approximately $16.6 billion in investments...
Nollywood actor, Lateef Adedimeji has disclosed how he was previously underpaid in the industry despite playing lead roles….CONTINUE READING The singer revealed that he...
Founder of the Nigerian Teachers Community, Dr Peter Ogudoro, considers the new student loan scheme a favourable start but insists it does not sufficiently address the difficulties poor...
The Dangote Petroleum Refinery has increased the price of diesel from ₦940 per litre to ₦1,100 per litre, responding to the continuous depreciation of the Nigerian naira against the...
The President of the Senate, Godswill Akpabio, welcomed Afrobeat star Davido, whose real name is David Adeleke, during a courtesy visit. Akpabio expressed his delight and...
The House of Representatives Committee on National Security and Intelligence has decided to establish a technical committee to address recurrent issues with the malfunctioning of the...
Minister of Power Adebayo Adelabu’s recent contradictions regarding the transfer of electricity regulatory oversight to states have added to his collection of blunders, heightening calls for...
The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of July after several postponements…..CONTINUE READING The new date was disclosed on...
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have given the Federal Government until May 31, 2024, to reverse the recent hike in...
The Nigeria Labour Congress has warned that it would rather mobilise workers to remain at home with their families or offer free services than accept the...
A former Senator, who represented Ebonyi Central Senatorial Zone, Emmanuel Onwe has called for the establishment of the proposed Food Intelligence Agency to support the recent...
The President of the Nigeria Labour Congress, Joe Ajaero, has said the congress was not aware of merger talks involving the Labour Party with some political...
From 1.28 million barrels per day in April, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, says Nigeria’s oil production...
According to The PUNCH, nine financial institutions paid a combined N678m in fines in 2023 for violating regulations, a significant decrease from the N6.31bn in penalties...
The intended strike by labor unions at the Nigerian Meteorological Agency has been called off. This decision was announced via their official X account on Sunday….CONTINUE...
Former Katsina State Governor, Aminu Masari, has criticized the Northern Elders Forum (NEF) for regretting supporting President Bola Tinubu during the last general election….CONTINUE READING ...
In a revelation at the Lagos State Special Offences Court in Ikeja, Victor Onyejiuwa, the Managing Director of Resource Computer Limited, stated during his testimony that...
The Federal Government says the student loan scheme would be rolled out in phases, beginning with the federal institutions….CONTINUE READING The Managing Director, Nigerian Education...
An Abuja Federal High Court on Friday dismissed a bail application filed by the detained Binance executive, Tigran Gambaryan….CONTINUE READING Justice Emeka Nwite, in a...
Amidst the ongoing clamour for a substantial increase in the national minimum wage, President Bola Tinubu’s administration announced an increase from ₦30,000 to ₦48,000….CONTINUE READING ...
President Bola Ahmed Tinubu has approved a plan to pay the power sector debts estimated at N3.3 trillion…CONTINUE READING The Minister of Power, Adebayo Adelabu,...