16 hours ago
Early last week, many newspapers carried banner headlines that seemed to suggest that Vice President Yemi Osinbajo was advocating for a devaluation of the Naira, an alternative policy view from the President’s....
1 day ago
All is set for the 17th All Nigeria Editors’ Conference starting on Thursday, with Publisher of Premium Times, Mr. Dapo Olorunyomi; Editor-in-Chief of Leadership Newspaper, Azu Ishiekwene
2 days ago
In 1981, one could get less than N6.1 million in exchange for $10 million. Then, a dollar was equivalent to 61 kobo. But four decades later, the naira has lost 99.8 per cent of its value against the greenback...
2 days ago
The Anambra State governorship candidate of the All Progressives Grand Alliance (APGA) in the November 6 election, Prof Chukwuma Soludo, has appealed to secessionist groups to allow the election to hold for people’s vote...
3 days ago
The Central Bank of Nigeria (CBN) has disclosed that it supported the Lagos State Blue railway line project with N60 billion to facilitate ease of business and passengers’ movement in the state.
The Central Bank of Nigeria (CBN) has pledged it would continue to fund railway projects by the Lagos State Government, even as it stated that N45 billion has been disbursed for the Blue Line project in the state.
In apparent contradiction of its earlier stance on floating the naira, the Federal Government, yesterday, prevailed on the Central Bank of Nigeria (CBN) to allow the currency to reflect market realities.
The Nigerian Communications Commission (NCC) has fixed the reserved price for auction of Fifth Generation (5G) at $197.4 million. The 5G network is to be deployed via the 3.5GHz spectrum.
In recent months, developments in the Nigerian foreign exchange market have elicited reactions from stakeholders, some of which reflect understanding while others do not.
The Central Bank of Nigeria, (CBN), has said that it will not rest on its oars at ensuring inclusive economic growth and sustainable development through the introduction of the-naira
Mr Mustapha Haruna, Director, Banking Supervision Department, CBN, has said that the apex bank would continue to monitor FinTech companies in Nigeria, as an important sector in its operations.
There are indications that the Federal Government will this month move to the second phase of the mass metering programme after failing to achieve projected objectives in the first phase.