Browsing Category
Local
MMA2 Wins Two Awards at Nigerian Aviation Ceremony
Bi-Courtney Aviation Services Limited (BASL), which operates the Murtala Muhammed Airport Terminal Two (MMA2),!-->…
Delta State Government Partners with UK Firm for Mangrove Restoration Project
The Delta State Government recently finalized an agreement with a United Kingdom firm and other partners to!-->…
Ibom Air Adjusts Flight Schedule After Wet-Lease Discontinuation
Following the termination of its wet-leased aircraft arrangement, Ibom Air has announced adjustments to its flight!-->…
SEC May Wield Hammer on Binance, Other crypto Platforms For Illegal Operations
The Securities and Exchange Commission (SEC), Nigeria, is considering imposing huge fines, potentially amounting!-->…
3.0 Verse Launches Operations in Nigeria to Simplify Digital Assets
3.0 Verse, a digital assets company, has inaugurated its operations in Nigeria, marking its entry into the African!-->…
Naira Records First Gain at Official Market After Rate Hike
The Nigerian naira has experienced a slight appreciation of 0.39 percent in the official foreign exchange (FX)!-->…
CBN Resumes Dollar Sales to BDCs to Stabilize Naira
After a three-year hiatus, the Central Bank of Nigeria (CBN) has reinstated dollar sales to Bureau De Change (BDC)!-->…
CBN’s Monetary Policy Committee Raises Interest Rate to 22.75%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), under the leadership of Olayemi Cardoso,!-->…
U.S. Urges UN Security Council Action to End Sudan Conflict
The United States has urged the United Nations Security Council to intervene and help resolve a nearly year-long!-->…
Oronsaye Report Outdated, Says Shehu Sani
Former lawmaker Senator Shehu Sani has emphasized the need to update the Oronsaye Report before its!-->…
Nigerians Are Happy People… They Can Absorb Hardship And Keep Moving – Deputy…
During a session on Wednesday, Benjamin Kalu, the deputy speaker of the lower legislative chamber, expressed his!-->…
Immigration: FG Asks Seniors, Juniors Of New CG To Resign
The Federal Government is poised to carry out a mass retirement of Senior Officers within the Nigeria Immigration!-->…
Inside Details Of How Nigerian Govt Detained Binance Executives
The Nigerian government has detained two executives of the Binance crypto exchange platform as part of efforts to!-->…
JUST IN: MPC Raises Interest Rate To 22.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has announced a significant increase in!-->…
Fire Incident at FCMB Office in Lagos Island
First City Monument Bank (FCMB) confirmed a fire incident on Monday, February 26, on the 7th floor of its office!-->…
Foreign Investors Pause Nigerian Investments Over Naira Volatility
Foreign investors are holding back on new investments in Nigeria, awaiting stability in the country's currency,!-->…
Civil Society Leaders Urge Halt to Shell Petroleum Sale in Nigeria
A coalition of civil society leaders has united in a call for the cessation of the sale of Shell Petroleum!-->…
Lord Jacob Rothschild, a Renowned Financier Passes Away at 87
Lord Jacob Rothschild, a prominent financier and member of the esteemed Rothschild banking family, has passed away!-->…
FEC Approves Construction Of Lagos-Calabar Coastal Highway
During a session chaired by President Bola Tinubu, the Federal Executive Council (FEC) has given the green light!-->…
Alphabet’s Stock Faces $90 Billion Market Value Fall
Alphabet, the parent company of Google, witnessed a significant downturn on Monday, shedding approximately $90!-->…
Tinubu Orders Full Implementation of Oronsaye Report
President Bola Tinubu, on Monday, directed the comprehensive implementation of the Oronsaye report, a significant!-->…
Don Jazzy Acquires Majority Stake in Mavin Global
"Universal Music Group (UMG) has finalized the acquisition of a majority stake in Mavin Global (Mavin), a renowned!-->…
Nigeria’s Economy Grapples with FX Market Distortions
Nigeria's economy confronts formidable challenges stemming from global shocks, fiscal mismanagement, and a!-->…
FG Proposes 20% Tax on Sugar Beverages, to Combat Overconsumption
The Federal Government has unveiled plans to introduce a 20% tax on Sugar-Sweetened Beverages (SSBs) as a!-->…
Naira Sees Mixed Fortunes in Official Exchange Rate
On February 26, 2024, the Nigerian Naira witnessed a notable appreciation against the US dollar, with the official!-->…
FBN Holdings Emerges as Nigeria’s Most Capitalized Bank
On Monday, February 25th, 2024, FBN Holdings, Nigeria's oldest bank, achieved the distinction of becoming the most!-->…
CEO of Air Peace Limited Reveals Reasons for Choosing Gatwick Airport
Allen Onyema, the Chairman and CEO of Air Peace Limited, revealed that the airline opted for Gatwick Airport to!-->…
Leatherback Set to Expand Internationally After EFCC’s Probing
Leatherback, a financial services technology company, is set to expand internationally with offices in the United!-->…
Price of Foreign Rice Surges to N88,000, Experts Traces Cause
The cost of a 50kg bag of foreign rice has skyrocketed to over N88,000 in major stores across Nigeria, marking a!-->…
Companies in China Abandon Plans for IPOs over Tight Scrutiny
Companies have rushed to abandon their plans for initial public offerings (IPOs) in China this year due to the!-->…