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Sunday, November 24, 2024

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Naira falls to N1089/$ on official I&E window

The naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday. The currency fell by 27.19 per cent from the N856.57/$ it...

2024: FG reveals plans to tackle food inflation

The Federal Government of Nigeria on Friday, revealed plans to reduce food inflation in the country. According to a statement by Senator Abubakar Kyari, the...

NNPCL refutes increase in petrol price

The Nigerian National Petroleum Company Limited, NNPCL, says there is no imminent increase in the cost of Premium Motor Spirit, PMS, commonly known as...

CBN assures Nigerians of safety of money in banks

The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank...

Oyo is moving forward under Makinde despite economic challenges- Babaloja General

The Babaloja General of Oyo state, Alhaji Sunmaila Aderemi Jimoh has declared that the state has continued to prosper under the leadership of governor...

Abiodun makes case for diversification of Nigeria’s economy to non oil sector, Agriculture, Technology, others

Ogun State Governor, Prince Dapo Abiodun has said that Nigeria's economy would be sustainable if attention is shifted from oil to the non oil...

NDIC pays over N1.7bn to customers of closed banks

The Nigeria Deposit Insurance Corporation said it has paid an insured sum of over N1.7 billion to customers, following the revocation of licences of...

Cash scarcity hits Imo banks as customers recount ordeal

A repeat of what happened in December, 2022 festive period where there was obvious scarcity of cash, is beginning to rear its ugly head...

CBN warns Nigerians against circulation of fake Naira notes

The Central Bank of Nigeria, CBN has issued a warning to Nigerians against counterfeit Naira banknotes, following Nigeria’s currency shortage. In a statement released on...

Competition key in telecom sector – Maida

Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has said competition is key to the healthy growth of the telecoms...

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