Senate passes bill for NYSC Trust Fund
The Senate has approved a bill put forward by Senator Yemi Adaramodu (APC, Ekiti) to establish the National Youth Service…
Month: March 2024
FG moves to address under-utilization of ports
Chief Adegboyega Oyetola, Minister of Marine and Blue Economy, emphasized the need for the federal government to fully support the…
African Guarantee Fund to support green finance
The African Guarantee Fund (AGF) is teaming up with the Nordic Development Fund (NDF) to assist banks in enhancing their…
LCCI raises alarm over soaring Inflation
The Lagos Chamber of Commerce and Industry (LCCI) has expressed deep concerns regarding the continuous rise in inflation, stating that…
SEC declines PZ Cussons request to buy out Other shareholders
PZ Cussons Nigeria’s plan to delist from the Nigerian Exchange Group (NGX) has encountered a hurdle, as the Securities and…
Naira Strengthens To N1400/$ At Parallel Market
Parallel market operators are now quoting a buy price of N1400/$1 for individuals looking to sell dollars, indicating a significant…
Customs launches authorised economic operators programme
The Nigeria Customs Service (NCS) unveiled the Authorised Economic Operators (AEO) programme in Abuja on Wednesday, aiming to enhance ease…
CBN Clears Foreign Exchange Backlogs
The Central Bank of Nigeria (CBN) has announced the clearance of all valid foreign exchange backlogs, fulfilling a key pledge…
NNPC Public Listing Is Within Sight, Says Kyari
Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, indicated during the CeraWeek…
GTCO Food and Drink festival returns in 2024
The eagerly anticipated 7th edition of the GTCO Food and Drink Festival is set to take place from Friday, April…
FBN Holdings appoints new directors under Otedola’s chairmanship
FBN Holdings, Nigeria’s oldest bank, has appointed three new directors for the HoldCo and two for the Bank, marking the…
Nigeria’s Economic Outlook Brightens As Brent Hits $86
Nigeria’s economic outlook has brightened with Brent crude oil prices surging to $86 per barrel, a significant increase from previous…
CBN lifts restrictions on milk and dairy imports
The Central Bank of Nigeria (CBN) has announced the lifting of restrictions on the importation of milk and dairy products.…
Jim Obazee allegedly request N2bn from CBN Gov over assignment
The Chairman of the Special Investigative Committee, Jim Obazee, has reportedly requested N2 billion from the Governor of the Central…
Unchecked frequencies of foreign airlines in Nigeria, threat to ‘local operators’
Local airline operators in Nigeria are expressing concern over the number of daily flights, or frequencies, that foreign airlines are…
Ali Pate to deliver keynote speech at NDFF 2024 conference
The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, has been confirmed as one of the keynote…
Sudan’s Bashir moved to ‘secure military site’ – lawyer
Former Sudanese president Omar al-Bashir, represented by his lawyer Mohamed al-Hassan al-Amin, has been relocated from a hospital, where he…
Suspected poachers killed in gunfire with Zimbabwe rangers
In a shootout near the Kazungula border post in Matabeleland North province, Zimbabwe rangers have fatally shot two suspected poachers.…
Nigeria launches mega solar plant to boost national grid
Nigeria has taken a significant step towards clean energy by signing a deal to construct a 20MW hybrid hydro-solar power…
Prominent DR Congo journalist Stanis Bujakera freed
Prominent journalist Stanis Bujakera has been released from the notorious Makala prison in Kinshasa, Democratic Republic of Congo, despite authorities…
Senegal President: “I did nothing wrong”
Senegal’s President Macky Sall has defended his decision to attempt to postpone elections, which triggered deadly protests in the country…
IMF reaches agreement with Pakistan to disburse $1.1 billion
The International Monetary Fund (IMF) announced on Wednesday that it has reached a staff-level agreement with Pakistan. If approved by…
Tanker capsizes off coast of Japan, seven deaths confirmed
A South Korean-flagged chemical tanker named Keoyoung Sun has capsized off the coast of Yamaguchi prefecture in western Japan. According…
New Zealand government to ban disposable e-cigarettes
On Wednesday, the New Zealand government announced plans to implement stricter regulations on e-cigarettes, including banning the sale of disposable…
PH refinery: Marketers eye fuel price reduction, ready to load
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Major Energy Marketers Association of Nigeria (MEMAN) are anticipating a…
South Africa: boat captain missing, search begins
South African authorities are intensifying efforts to locate missing charter boat captain John Matambu after his vessel, the Magnum Too,…
N193 billion loans have been declared lost inside CBN’s 10trn intervention
The Central Bank of Nigeria’s Intervention Funds Programme, totaling N10.3 trillion, has shown a repayment rate of 75.8%. However, concerns…
Court directs Binance to provide data to EFCC Amidst Allegations
A Federal High Court in Abuja has directed Binance Holdings Limited, a cryptocurrency exchange platform, to furnish the Economic and…
Nigeria’s imported food inflation jumps to 29.8%
In February 2024, Nigeria witnessed a significant rise in imported food inflation, reaching a peak of 29.8%, up from 26.3%…
IOM, Japan to construct 9 healthcare facilities in Adamawa
The International Organization for Migration (IOM), in collaboration with the Japan International Cooperation Agency (JICA), has announced plans to construct…