#880 Billion Missing From 367 Ministries, SERAP File Lawsuit Against Nigeria President
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari “over his failure to probe…
Category: Local
National Identification Number Registration Have Extended Till December
The federal government has again extended the ongoing national identification number (NIN) and subscriber identity module (SIM) integration exercise till…
American Airlines Canceled Over 1400 Flight , Plan To Increase Staffing
American Airlines said on Saturday it has canceled more than 1,400 flights over the weekend due to staff shortages and…
Deposit Money Banks To Deduct Loan From Debtors Account
The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the…
CBN: Credit To Private Sector Reached N33.84trn In September
The Banking sector credit to the private sector increased month-on-month (M-o-M) by N425.9 billion to N33.84 trillion as of September,…
Nigeria’s Presidential Clinic To Gulp N21bn – State House Perm Sec, Tijjani
The Permanent Secretary, State House, Malam Umar Tijjani, has revealed that the proposed 14-bed Presidential Clinic, also known as Aso…
Imagine Global Couple Are Citizens: Antiguan Authorities
Antiguan authorities have confirmed that the Nigerian couples who are wanted for a multibillion Naira investment scam are citizens of…
Net Foreign Exchange Flow Increased By $0.7 Billion In July
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38 billion in…
Facebook Is Rebranding, Changes Name To Meta
Facebook has changed its name to Meta as part of a major rebrand. The company, which announced the change at…
Federal Government Launch Made In Nigeria Barite
The Federal Government, on Thursday, launched the made-in-Nigeria barite, saying it would save the country the foreign exchange spent on…
Diesel Landing Cost Has increased To N336.45 Per Litre: Oil Marketers Association Of Nigeria
The pump price of Automotive Gas Oil, also known as diesel, may rise further as the Major Oil Marketers Association…
FBN Holdings Appoints Fidelity Bank Plc Immediate Past Managing Director (Nnamdi Okonkwo) As Group Managing Director
The board of FBN Holdings Plc (FBNHoldings) has appointed the immediate past managing director of Fidelity Bank Plc, Mr. Nnamdi…
Net Foreign Exchange(FX) Inflow To Nigeria Economy Increased To $3.08Billion In July – CBN
Net foreign exchange (FX) flow through the Nigerian economy increased to US$3.08 billion in July 2021 from US$2.38 billion in…
World Bank Disagrees With CBN On Multiple Exchange Rates, Others
The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to…
NNPC Gets Approval To Fix 21 Federal Roads At N621.2bn
Vice President Yemi Osinbajo has in the course of presiding over the Federal Executive Council (FEC) meeting, directed the Nigerian…
Federal Executive Council Approves Reconstruction Of 21 Roads By NNPC
The federal executive council (FEC) has approved N621.2 billion for the Nigerian National Petroleum Corporation, (NNPC) to take over the…
FG To Review Licence Of Some Power Distribution Companies Over Poor Performance
There are indications that the Federal Government may, in the coming weeks, take punitive measure over the operating licences of…
Nigeria Stock Exchange Query FBN Holdings Over Shares
The Nigerian Exchange Limited (NGX) has queried FBN Holdings Plc, the holding company of First Bank of Nigeria, for classifying…
MultiChoice Africa Holdings Rejects Tribunal Tax Appeal Ruling
MultiChoice Africa Holdings, the parent company of MultiChoice Nigeria, has rejected the ruling of the Tax Appeal Tribunal, which dismissed…
FBN Holdings Confirms Hassan-Odukale Leads Femi Otedola With 0.29% Shareholding
FBN Holdings Plc has confirmed that Mr Tunde Hassan-Odukale is the single-largest shareholder in the company. A statement signed…
Twitter Suffer $537 Million Net Loss In 2021 Q3
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging…
How ENaira Will Affect Banking Sector -Economists
Economists have said that the e-Naira, when rolled out, will have far-reaching implications for the future of the banking sector…
FG Closes Bid, To Announce Concessionaires For Four Airports
The Federal Government, yesterday, closed bidding for four major airports with a plan to announce new concessionaires soon. Announcing the…
Manufacturers Decry FX, Electricity Pricing Challenges
As the Federal Government, in Abuja, harped on diversification of foreign exchange sources through export of manufacturing products yesterday investors…
Federal Government Of Nigeria Has Begun The Valuation Of Forfeited Properties
The Federal Government has begun the process for the valuation of property belonging to several politically exposed persons, including the…
Nigerians Downloaded Over 200,000 Wallet In 24 Hours
Nigerians displayed massive interest in the Central Bank’s eNaira initiative downloading over 200,000 wallets in 24 hours. This is according…
