The Central Bank of Nigeria (CBN) has weakened the local currency for the third time in 2020, while striving to curb dollar demand in the face of feeble inflows of foreign currencies into the Nigerian economy.
Beneficiaries of Diaspora remittances through International Money Transfer Operators (IMTOs) shall henceforth receive such inflows in the foreign currency (US Dollars) through the designated bank of their choice, the Central Bank of Nigeria (CBN) has directed.
The runaway former Chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina, has been arrested.
Traders at Unguwar Rimi Market in Kaduna North LGA have pleaded for extension of the deadline of the state government to enable them to evacuate their goods.
An Ikeja Special Offences Court on Monday remanded two businessmen, Isita Oprah and Anthony Nosy, in custody of Correctional Centres over alleged theft of N100million.
Sunday Dare, Nigeria’s Minister of Youths and Sports, has denied reports he asked for N81 million to be used to cut grass and weed in Abuja stadium.
Meet The Herdswoman from Enugu, who is a graduate of University of Nigeria Nsukka in a very interesting business.
Human rights activist, Deji Adeyanju has been duped.
He was duped of N9.5 million after investing in a business with a friend.
Grammy award winner Burna Boy was last night seen giving some street boys money while some to try snatch the money forcefully. While Burna Boy…
International Air Transport Association (IATA), a trade association of the world’s airlines, says aviation industry in Africa will lose $2 billion in 2020 while global losses is expected to drop deeper at $118.5 billion in 2020.
President Muhammadu Buhari on Thursday, November 26 disclosed that Nigeria has a total of 200 million people living in poverty while asking the Organisation of Petroleum Exporting Countries (OPEC) to consider this when sharing production cuts.
Niger State Government has announced that full salaries will not be paid to workers due to a reduction in its federal allocation.
The Central Bank Governor , Godwin Emefiele, has said the Coalition Alliance Against COVID- 19 will rehabilitate all the police stations that were damaged in the country as a result of wanton destruction and lootings that followed the recent #EndSARS protests .
Nigerian activist, Aisha Yesufu has lashed out at former Nigerian military ruler, Yakubu Gowon. This comes after a United Kingdom lawmaker said Gowon looted half…
Minister of Information and Culture, Lai Mohammed, says the Nigerian economy is doing well compared to the economies of South Africa, Russia and other countries in recession.
The Nigerian government would require a minimum of N500 billion every year for the next three years to develop its 35,000 kilometres network of roads.
Nigerian visitors to the United States (US) may have to pay up to $15,000 in bonds according to a new temporary policy issued to discourage nationals of some countries with higher visa overstay rate.
Besotted fans of reality stars, Nengi Rebecca Hampson and Ozoemena Chukwu have surprised them with N1m each. The fans presented the cheques to them, while…