DAS
4 Aug 2024
The Central Bank of Nigeria (CBN) says it has concluded plans to undertake a Retail Dutch Auction System (DAS) to mitigate foreign exchange demand for eligible transactions through authorised dealers. The bank, in a recent circular, directed all deposit money banks (DMB) in the country to furnish it with a comprehensive list of outstanding legitimate…
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20 mins ago
The IgniteHer Bootcamp, an initiative by the National Information Technology Development Agency (NITDA) in collaboration with the Japan International Cooperation Agency (JICA), concluded on March 7 after five days of intensive training of women entrepreneurs. The program, which brought together 90 female entrepreneurs, focused on equipping participants with essential digital skills, business strategies, and mentorship…
37 mins ago
A dramatic police chase along the Gwarinpa-Kubwa service lane in Abuja on Friday evening ended in a crash, leading to the arrest of a suspect involved in a drug-related incident. The incident, which occurred around 6:00 p.m., began when officers of the Crack Squad, led by ASP Segun Ozioma Edene, stopped a Toyota Venza with…
2 hours ago
In the face of unrelenting violence and oppression, women’s voices have long been the spark that ignites the flames of revolution and change. Today, we stand at the precipice of a new era, one where women are refusing to be silenced, refusing to be marginalised
2 hours ago
The Imo State Police Command has dismissed social media reports alleging that some persons were missing in the state, demanding explanations from the command.
2 hours ago
Socio-Economic Rights and Accountability Project (SERAP) has threatened the Senate President, Godswill Akpabio, with legal action if he fails to rescind the “unlawful” suspension of his fellow senator, Natasha Akpoti-Uduaghan
2 hours ago
Telecommunications body, the GSMA, has rallied member nations, including Nigeria, on the need to build a resilient infrastructure to set the stage for a connected future expected to add nearly $11 trillion in economic value by 2030 to the global economy.
2 hours ago
Uncertainty in global stock markets sent ripples through the Nigerian Exchange Limited (NGX), last week, prompting a wave of selloffs and causing market capitalisation to fall by N570 billion.
2 hours ago
Operatives of the National Drug Law Enforcement Agency (NDLEA), have arrested automobile spare parts dealer, Levi Chidiebele Ubodoeze over a recent attempt to export two kilogrammes of cocaine concealed in vehicle propellers to Angola.
2 hours ago
The Federal Government has reaffirmed its commitment to tackling the energy challenges plaguing the North-East, ensuring that clean energy becomes accessible and affordable for all.
2 hours ago
The robust demand for budget-friendly accommodation for corporate stays, tourism and visits continues to drive the expansion of the serviced apartment market in Nigeria, and operators are increasingly enjoying the boom in major cities.