BVN: CBN NAMED TWELVE APPROVED CENTRES IN THE DIASPORA

The Central Bank of Nigeria, CBN has named twelve approved centres across Europe, North America, Asia, Middle East and Africa to facilitate the Bank...

COURT VOIDS 45% ELECTRICITY TARIFF HIKE

Federal High Court sitting in Ikoyi, Lagos yesterday declared that the 45 per cent tariff increase made by the Nigeria Electricity Regulatory Commission (NERC)...

NNPC TO PIPE CRUDE OIL FROM NIGER REPUBLIC TO KADUNA

The Nigeria Petroleum Corporation is exploring the possibilities of piping crude oil from Niger Republic for refining in Kaduna, NNPC Group Managing Director...

MTN Nigeria Sacks 280 Staff

MTN Nigeria has sacked about 280 of its employees, in a major job cut that affected about 15% of the company’s entire Nigerian workforce,...

Less Than 1% Of Naira Notes Are Fake – CBN

The Central Bank of Nigeria, CBN, has said that the amount of counterfeit notes in Nigeria from January to December 2016 was less than...

The Naira on Monday stabilised at N497 to a dollar at the open market just as stakeholders expressed hope in its imminent recovery, the...

FG Revives $20bn Niger Delta Gas Project

The Federal Government has revived the Gas Revolution Industrial Park (GRIP) project worth $20 billion designed to improve gas supply to major electricity turbines...

Exxonmobil Nigeria Gets New Managing Director

Mobil Producing Nigeria Unlimited, a subsidiary of United States-based ExxonMobil, on Friday announced the appointment of Mr. Paul McGrath as the new Chairman and...

Central Bank Pegs Dollar Rate For School Fees, PTA At N375/$

  In line with its determination to boost dollar supply in the economy as well as to bridge the wide gap between the interbank foreign...

Police, CBN Begin Arrest Of Naira Abusers

The Nigeria Police Force and the Central Bank of Nigeria (CBN)have disclosed that they would embark on nationwide arrest of whoever defaces the Naira. The...
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Court Frees Premium Times Journalist

A journalist, Samuel Ogundipe, who has been detained since Tuesday by Police in Abuja has regained his freedom.   According to a report by his employers,...

FG Declares Tuesday, Wednesday Public Holidays

The Federal Government has declared Tuesday 21st and Wednesday 22nd August as public holidays to mark the 2018 Eid-El-Kabir celebration. The Minister of Interior, Lt....

FG Paid Huge Ransom For Dapchi Girls – UN

A United Nations report has revealed that the Nigerian government paid huge sums in ransom to secure the release of the over 100 school...
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