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FX market management approach

24 May 2024
The Nigeria Employers' Consultative Association (NECA) has urged the Central Bank of Nigeria (CBN) to reconsider the adoption of what it

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3 mins ago
The University of Abuja (UniAbuja) has inaugurated a 500-capacity lecture theatre and a college building for the College of Health Science to ensure a conducive learning and work environment. The Vice Chancellor, Prof. Aisha Maikudi during the event on Thursday in Abuja,  said that the project would help to improve productive and effective learning atmosphere…
9 mins ago
The Federal Government has a 2027 target for transitioning its examination system to 100 per cent computer-based testing (CBT). Minister of Education, Dr Tunji Alausa, disclosed this during the inauguration of the Committee on Improvement of Quality Examinations in Nigeria in Abuja on Thursday. Alausa said that the committee was tasked with the responsibility of…
18 mins ago
The Federal and State Governments have invested 834,597,246.25 dollars since the inception of the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) programme in 2021. The Permanent Secretary, Budget and Economic Planning, Dr Emeka Obi, made this known in his opening remarks at the Stakeholders Consultative on NG-CARES Programme 2.0, held on Thursday in…
28 mins ago
The Nigerian Army has denied the allegation by one of its wounded soldiers, Lance Cpl. Itodo David, that he had been abandoned at the 44 Nigerian Army Reference Hospital (NARHK) Kaduna. The Director, Army Public Relations, Maj.-Gen. Onyema Nwachukwu, made the rebuttal in a statement on Thursday in Abuja. Nwachukwu said the army received the…
35 mins ago
Gov. Peter Mbah of Enugu State says his administration is working to expand its tax net to include residents who have not been paying taxes. Mbah, represented by his Deputy, Mr Ifeanyi Ossai, stated this at the 51st Annual General Meeting of the Enugu Chamber of Commerce, Industry, Mine and Agriculture (ECCIMA) on Thursday in…
43 mins ago
A 14-year-old teenager suspected of having extreme far-right views was arrested Thursday in Brussels for allegedly planning to carry out a "terrorist" attack against a mosque, officials said. The suspect "who is said to be a member of the far-right movement, was planning to commit an attack on a mosque on Friday", Belgian prosecutors said…
48 mins ago
Georgia's right-wing government said Thursday it hoped to "reset" relations with the United States now Donald Trump was in power, after the previous US administration imposed sanctions on the ex-Soviet country for democratic backsliding. The Caucasus nation has been rocked by turmoil since last October, when the ruling Georgian Dream party claimed victory in parliamentary…
51 mins ago
Congolese helicopter gunships swooped low over the plains to fire volleys of rockets and troops trucked towards the front line to halt Rwanda-backed fighters advancing on DR Congo's eastern provincial capital after capturing a string of towns. The Mi-24s -- rarely used because of the M23 and Rwanda anti-aircraft defences -- fly low over the…
1 hour ago
Bayern Munich defender Alphonso Davies is set for a stint on the sidelines after he was diagnosed with a torn muscle, the German club said in a statement on Thursday. Davies, 24, was subbed out in first-half stoppage time in Wednesday's 3-0 loss to Feyenoord. Bayern said scans confirmed the Canada international "sustained a muscle…
1 hour ago
The Crime Correspondents Association of Nigeria (CCAN) has extended its deepest condolences to the Commissioner of Police, FCT Command, CP Olatunji Disu, on the tragic and untimely loss of his beloved son in an auto crash on Monday, January 21, 2025. In a statement by the secretary of the body, Babatunde Ayeni, the association counseled…