We Were Not Queried By AGF – CBN

The Central Bank of Nigeria (CBN) yesterday said the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), did not query...

BANKS PUSHES FOR N10,000 WITHDRAWAL LIMIT

A proposal to limit the over the counter cash withdrawal by bank customers to N10,000 has been tabled before the Central Bank of Nigeria...

Coca-Cola To Cut 1,200 Jobs As Sales Slump

As Coca-Cola’s sales continue to fizzle, the company is planning to cut 1,200 jobs to try and get back on track. The company said in...

FG CANCELS OIL, GAS PRE-SHIPMENT TENDER

Minister of Finance Kemi Adeosun has ordered the immediate cancellation of the tendering process for the engagement of pre-shipment inspection and monitoring agents for...

CBN TWEAKS FOREX PEG AGAIN AS NAIRA FALLS IN BLACK MARKET

The Central Bank of Nigeria (CBN) has adjusted its exchange rate peg to N197 against the dollar from the N196.95 it set last week,...

MOBIL COMMENCES PAYMENT OF OIL SPILL PALLIATIVE FOR EKET COMMUNITIES

After a series of protests and agitations, Mobil Producing Nigeria (MPN) Unlimited, a subsidiary of American Oil giant, ExxonMobil, has finally initiated payment of...

FG FAULT J.P. MORGAN’S DELISTING OF NIGERIA BOND

Nigerian authorities have maintained that they would only continue to take those economic decisions that  would impact positively in the lives of the citizens, in...

“Mama Peace Has No Interest In Air Peace”

Chairman of Air Peace, Nigeria's fastest growing carrier, Chief Allen Onyema has dismissed insinuations that a former First Lady, Chief Patience Jonathan fondly referred to...

Central Bank keeps monetary policy rate at 14 %

The Central Bank of Nigeria (CBN) yesterday retained the Monetary Policy Rate (MPR) at 14 per cent.It is the rate at which the CBN...

NIGERIA’S EXTERNAL RESERVES NOW $29.1BN

Nigeria's foreign exchange reserves declined by 15.61 per cent year-on-year to $29.101 billion as at December 30 from $34.52 billion a year ago, data...
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Nigeria 11th Worst Place To Be Born

The number of newborn babies dying each year remains “alarmingly high” around the world—and moreso in developing countries, the United Nations Children’s Fund says...

Court Acquits Nnamani Of Corruption Charges

A Federal High Court sitting in Lagos has held that there is no valid charge before it in relation to the case of the...

Buhari Dumped My Husband After 2015 APC Victory, Says Oluremi Tinubu

As the national leader of the All Progressives Congress, Asiwaju Bola Tinubu, begins to reconcile warring sides in the ruling party, his wife, Senator...
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