forex
4 Mar
Justice Lewis Allagoa of a Federal High Court in Lagos, on Monday, struck out the charge against 19 Bureau De Change (BDC) Operators, following the withdrawal of the case.
19 Feb
The Poultry Association of Nigeria (PAN), Lagos State Chapter, has blamed increase in the price of egg on the fluctuating foreign exchange rate and greed by some middlemen.
17 Feb
Those who know Mr. Olayemi Cardoso will agree he got his current job as the Governor of Central Bank of Nigeria on a platter of solid professional background and strong personal attributes. His pedigree is rich as his character is unsullied. Cardoso had a remarkable private sector career where he shone brilliantly in banking, stockbroking…
3 Feb
The Center for Fiscal Transparency and Integrity Watch (CFTIW) on Saturday raised the alarm over the free fall of the naira and its adverse effects on Nigerians and the economy. The Central Bank of Nigeria (CBN) has issued regulations to mitigate the forex crisis, the recent being a circular directing the "Harmonisation of Reporting Requirements…
3 Feb
Nigeria's central bank has said there was no plan to convert the funds in domiciliary accounts to naira. Media reports had claimed that the bank planned to convert about $30 billion in the accounts to naira to halt the Nigerian currency's free fall. "This news is fake," CBN said on its X account said on…
30 Jan
The Central Bank of Nigeria (CBN) has announced the complete payment of foreign exchange (FX) owed to all foreign airlines operating in the country.
21 Jan
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1 day ago
The Lagos State Traffic Management Authority (LASTMA) has rescued five injured passengers, who were in a road traffic accident that occurred on Mile 2/Badagry Expressway. The General Manager of LASTMA, Mr Olalekan Bakare-Oki, made this known in a statement signed by Mr Taofiq Adebayo, the Director, Public Affairs and Enlightenment Department, LASTMA, on Wednesday, in…
1 day ago
An early morning fire on Wednesday , gutted some shops near the General Post Office at Ibokwu Street, by Old Market Road, Onitsha, the commercial city of Anambra. The News Agency of Nigeria (NAN) reports that the inferno destroyed goods and property, including equipment worth millions of naira. Mrs Chidimma Ike, an eyewitness and a…
1 day ago
The Emir of Kano, Muhammadu Sanusi II, has congratulated Christians in Kano State on the occasion of the 2024 Christmas celebration. In a goodwill message,made available to newsmen on Wednesday, the traditional ruler emphasised the importance of peaceful coexistence among the residents, regardless of their religious affiliations. The emir stressed that religious differences should not…
1 day ago
The University of Abuja (UniAbuja), has made it clear that the university is not imposing the Acting Vice-Chancellor, Aisha Maikudu, as the substantive VC of the university. The Acting Director, Information and University Relations, UniAbuja, Dr Habib Yakoob, made the clarification in a statement on Wednesday in Abuja, while reacting to allegations surrounding the selection…
1 day ago
The International Organisation for Migration (IOM) says that it reached not less than 1.4 million people in Nigeria with its assistance in 2024. The IOM Chief of Mission in Nigeria, Ms Paola Pace, disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. She said that the organisation achieved…
1 day ago
Gov. Ahmed Aliyu of Sokoto State has called on Christians in the state to use the festive season to promote peaceful coexistence. In a message issued by his Press Secretary, Malam Abubakar Bawa, on Wednesday in Sokoto, the governor felicitated with Christians as they celebrate Christmas. “Sokoto is known for its peace and harmony for…
1 day ago
The Nigerian Air Force (NAF) has announced plans to acquire 24 M-346 Fighter Ground Attack jets and 10 AW-109 Trekker Helicopters to boost its air capabilities in the fight against insurgency. The Chief of Air Staff (CAS), Air Marshal Hasan Abubakar made this known at the Christmas luncheon with NAF personnel on Wednesday in Maiduguri.…
1 day ago
The All Progressives Congress (APC) has charged Nigerians to seize the occasion of Christmas to pray for peace, unity and progress in the country in the year ahead. Mr Felix Morka, the party’s National Publicity Secretary, gave the charge in a statement on Wednesday in Abuja while rejoicing with Nigerians, especially Christians at Christmas. READ…
1 day ago
Russian opposition politician Ilya Yashin, who was released in a prisoner swap by Moscow in August, has been placed on Russia's "wanted" list, according to an interior ministry database seen by AFP Wednesday. "Wanted under a criminal code article," reads the website, along with a photograph of Yashin and his date and place of birth.…
1 day ago
La Liga's relegation-threatened Valencia have appointed Carlos Corberan as their new manager after prising him from English second-tier side West Bromwich Albion, the clubs announced on Wednesday. The fallen Spanish giants exercised a buyout clause in Corberan's contract to bring him to Mestalla on a deal lasting to 2027, days after sacking coach Ruben…