News Archives

Naira tumbles further, trades N1600/$ at parallel market JUST IN: Naira falls to N1,745/$ in parallel market

Naira tumbles further, trades N1600/$ at parallel market

Enyeh Julius Akpovire February 16, 2024

The naira depreciated against the United States dollars closing at N1,600/$ on Thursday at the parallel segment...

Tinubu names new CEOs, directors for FHA, FMBN Nigeria's debt to W'Bank's IDA rises to $17bn

Tinubu names new CEOs, directors for FHA, FMBN

Enyeh Julius Akpovire February 16, 2024

President Bola Tinubu has appointed Oyetunde Ojo as the new Managing Director and Chief Executive Officer of...

JUST IN: Nigeria’s inflation rate rises to 29.90% Food prices surge as Nigeria’s inflation rises to 34.6%

JUST IN: Nigeria’s inflation rate rises to 29.90%

Enyeh Julius Akpovire February 15, 2024

Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in...

Nigerians to pay more for electricity as FG moves to remove subsidy Nigeria's debt to W'Bank's IDA rises to $17bn

Nigerians to pay more for electricity as FG moves to remove subsidy

Enyeh Julius Akpovire February 15, 2024

The Federal government cannot continue to subsidise the power sector, Minister of Power, Adebayo Adelabu, has said....

Herbert Wigwe: US releases pictures of chopper crash site

Elizabeth Odonkor February 14, 2024

The United States National Transportation Safety Board, NTSB, has released images of the site where the helicopter...

Hardship: FG, Labour meeting deadlocked, union insists on ultimatum JUST IN: 'No going back' - Labour insists on strike after meeting with NASS leaders

JUST IN: 'No going back' - Labour insists on strike after meeting with NASS leaders

Hardship: FG, Labour meeting deadlocked, union insists on ultimatum

Enyeh Julius Akpovire February 14, 2024

A meeting between the Federal Government and organised Labour to stave off the planned strike by the...

Goods worth millions destroyed as tanker explodes in Lagos

Elizabeth Odonkor February 14, 2024

Some shops with goods worth millions of naira were destroyed in a Tuesday late-night fire that occurred...

FG asks Interpol to arrest three suspects over $6.2million CBN fraud The special investigator appointed by President Bola Tinubu has requested the Interpol National Central Bureau to place a Central Bank of Nigeria (CBN) staff member and two others on its Red Notice.