All posts in: News

  • Unusual Names Of CBN-Approved BDC Operators

    Nigeria’s bureau de change (BDC) market has grown significantly since 2005. Within that period (2005 to 2006) there were less than 100 operational BDCs, with the Central Ban...

    CBN Mandates BDCs To Sell US Dollars At N1,314.01/US$

    The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the gap in the official and unofficial exchange rate by stipulating that all Bureau De Changes ...

    Family Releases Burial Rites For Wigwe, Wife, Son Who Died In Air Crash

    The family of the late Herbert Wigwe, the former group CEO of Access Holdings Plc, has just shared the details of his burial arrangements. Recal...

    Vandals Bomb Transmission Line In Abuja, Cut Supply By 250MW

    Suspected electricity vandals have intensified their assault on the nation's capital city, Abuja following reported the bombing of the Transmission Company of...

    Chienyenwa Nnodua: Imo Vigilante Member Arrested Over Lover’s Death

    The Imo State Police Command has arrested one Chinenye Nwaneri, for allegedly killing his lover, Chienyenwa Nnodua. Parading the suspect at the co...

    Nestle Nigeria Posts N104bn Loss In 2023, Shareholders Funds Wiped Out

    Nestle Nigeria Plc has reported a loss before tax of N104 billion for the year ended 2023 compared to a profit before tax of N71 billion same period...

    Crisis Brews Between Kogi Governor Ododo, Yahaya Bello Over Sacking Of Loyalist

    Governor Usman Ododo of Kogi State is on a collision course with his predecessor, Yahaya Bello following the sack of the transition committ...

    Peter Obi Expresses Sadness Over Ochanja Market Building Collapse In Onitsha

    The Labour Party’s presidential candidate, Mr Peter Obi, has expressed sadness over the lives lost in the building collapse at Ochanja Marke...

    Reports Of A Coup Scare Is False, Heinous Act Of Disinformation - FG

    The Minister of Information and National Orientation, Mohammed Idris, has debunked a news report of a so-called coup scare in the country, stressing t...

    FG Has Fulfilled 90% Of Labour's Demands - Labour Minister (state), Onyejeocha

    Labour Minister Nkiruka Onyejeocha says the Federal Government has achieved about 90% of the agreement it had with the Organised Labour last...

    Presidential Aides Defend Inclusion Of Tinubu's sons on State Visit To Qatar

    It is not uncommon for children of world leaders to accompany their parents on foreign trips. In fact, it is the norm. Canadian PM Trudeau is ...

    Naira Rises To ₦‎1,450/$ After CBN Hiked Interest Rate

    The US Dollar on Wednesday crashed by 6.45 percent to N1,450 from N1,550 sold on Tuesday on the parallel market, commonly referred to as black market, after the...

  • NLC Threatens Full Blown War After March 13

    The Nigerla Labour Congress has threatened to embark on full blown nationwide strike should government fail to meet its demands on full implementation of 16 point agreement. ...

    Binance Drops Naira From P2P Portal

    Amid President Bola Tinubu’s government’s clampdown on cryptocurrency to save the battered naira, the world’s biggest cryptocurrency trading platform, Binance, has disabled its ...

    FG Launches CNG-Powered Buses In Abuja

    The transportation system in Nigeria is taking on a different face with the federal government’s official launch of CNG-powered buses in Abuja. The Minister of the federal ca...

    Tinubu In Owo To Condole Akeredolu’s Family

    President Bola Tinubu on Wednesday arrived at Owo, Ondo State, on a condolence visit to the family of the late former Governor of the state, Oluwarotimi Akeredolu. Tinubu...

    Tinubu Visits Afenifere Leader, Pa Fasoranti In Akure

    There was heavy security in and around the Akure residence of Pa. Reuben Fasoranti, leader of Afenifere, a pan-Yoruba socio-political organisation, on Wednesday as P...

    Air Peace Slashes London Flight Fares, Return Economy ₦1.2M, Business ₦4M

    Competition has commenced on Lagos-London route as Nigeria’s largest carrier, Air Peace pegs it’s economy class ticket at N1.2million, th...

    Crypto Exchanges Stop Selling USDT/USDC In Naira

    A handful of crypto companies in Nigeria will no longer allow users to buy the USDT and USDC stablecoins with Naira after renewed scrutiny from the Central Bank of Nigeri...

    Youths Coalition Submits Proposal To Ogun State Government On Reducing Hardship

    Nigerian Youths in Ogun State have appealed to President Bola Tinubu, to open land borders for the importation of rice as a matter of urgen...

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