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- Written by John Ikani
The Central Bank of Nigeria has perfected plans to increase the amount of foreign exchange allocated to banks, Vanguard reports.
The Central Bank of Nigeria has perfected plans to increase the amount of foreign exchange allocated to banks, Vanguard reports.
Tragedy was averted on Sunday as a United Nigeria Airline aircraft with a flight number U50515 from Port Harcourt to Abuja airport had to Port Harcourt after encountering turbulence at Abuja.
Elon Musk has become the latest target for the renowned hacker group Anonymous as they warn the Tesla CEO to desist from posting disruptive messages that destabilises crypto market on social media.
El Salvador President Nayib Bukele announced in a recorded message played at a Bitcoin conference in Miami Saturday that next week he will send proposed legislation to the country's congress that would make the cryptocurrency legal tender in the Central American nation.
The National Bureau of Statistics (NBS), says Nigeria’s total merchandise trade stood at N9.757 trillion representing 6.99 per cent increase in the first quarter (Q1).
Telecommunications companies have insisted that the disconnection of banks from using the Unstructured Supplementary Service Data (USSD) is inevitable, New Telegraph reports.
The Association of Bureau De Change Operators (ABCON) has said it will commence what it called ‘Operation No Street Trading’ to stop street hawking of foreign exchange by BDC operators.
Four Nigerian airports will be handed over to private operators who will run them for at least 20 to 30 years, the Federal Ministry of Aviation has said.
Ketron Investment Limited, a subsidiary of Persianas Investment Limited--has completed the acquisition of Shoprite operations in Nigeria, after winning a bidding war involving three other suitors.
The People’s Democratic Party (PDP) has told Nigerians to pay attention to Nigerian National Petroleum Corporation planned purchase of 20 percent shares in Dangote Refinery warning the President Muhammadu Buhari administration to ensure transparency in the planned purchase.
Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field license by the Department of Petroleum Resources, DPR, on Monday.
Data posted on the FMDQ Security Exchange where forex is officially traded revealed that the naira remained stable against the U.S dollar at the Investors and Exporters (I&E) window on Monday.
The Nigerian National Petroleum Corporation (NNPC) says that it has served notice to the Federation Account and Allocation Committee (FAAC) that it will deduct about N126 billion from its remittance to the Federation Account at the next meeting scheduled for June.