Naira Gains as CBN Floods Market with $457.3m. Thisday Online The naira appreciated to N386 to the dollar on the parallel market Monday, stronger than the N390 to the dollar it maintained throughout last week, as [...]
Nigerian oil sales slow as uncertainty surrounds DSDP. Punch Online Trade of Nigerian crude oil has slowed with offers not meeting buying interest and uncertainty remains over the nation’s direct sale of crude oil and direct purchase [...]
Senate C’ttee Lays PIB Report ahead of Consideration. Thisday Online The Senate Joint Committees on Petroleum Upstream, Petroleum Downstream and Gas, Thursday laid its report for the Petroleum Industry Governance Bill (PIGB) before the Senate ahead of [...]
Court Sentences Two, Orders Forfeiture of Property over N8bn Currency Scam. Thisday Online Weeks after entering into plea bargain with the Economic and Financial Crimes Commission (EFCC), a senior clerk with the Central Bank of Nigeria (CBN), [...]
CBN Signals Retention of Tight Monetary Policy, Targets Rate Convergence. Banking industry fines drop by 79%.Thisday Online As the Monetary Policy Committee commences its two-day meeting today, a Deputy Governor of the Central Bank of Nigeria [...]
FG Unfolds Power Recovery Plan, Okays N80bn for Road Rehabilitation. Approves link roads to Second Niger Bridge, infrastructural programme for FCT. Thisday Online The federal government Wednesday unfolded what it described as power sector recovery programme with [...]
Dollar Drops Below N400/$ for First Time in Seven Months. Sarah Alade bows out, recalls when CBN had ‘four governors’. Thisday Online For the first time in seven months, the dollar fell below the psychological N400 barrier, [...]
The National Chairman of the Peoples Democratic Party, Ali Modu Sheriff, has commenced moves to stop any appeal to the Supreme Court seeking to challenge the judgment of the Court of Appeal, Port Harcourt Division, which [...]
EFCC hands over Amosu’s $2.15m hospital to Air Force. Punch Online A hospital with medical equipment worth about $2.15m which was seized from a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), has been handed [...]
