REPORT: NNPC SWAPPED N7TRN CRUDE IN 4 YEARS

It has been discovered that NNPC swapped about 352 million barrels of oil worth a total of $35 billion (N7 trillion) between 2010 and...

CBN FORMALLY ORDERS BANKS TO STOP ACCEPTING FOREIGN CURRENCY DEPOSITS  

  The Central Bank of Nigeria (CBN), on Wednesday formally asked banks to stop accepting foreign currency cash deposit from customers. Nigerian banks had since last...

NCC GIVES OPERATORS 7 DAYS TO DEACTIVATE PRE-REGISTERED SIM CARDS

The Nigerian Communications Commission (NCC) has issued a seven-day ultimatum to Global System for Mobile Communication (GSM) and other network providers to deactivate all...

SENATE SUMMONS CBN GOV OVER NAIRA DEVALUATION

The Senate on Wednesday passed a resolution summoning Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, to appear before the lawmakers and brief...

AGAIN, NAIRA WEAKENS TO N229/$ AS DEALERS HOLD ON TO USD

The naira reversed its gains against the US dollar on the parrallel market yesterday following the decision of many currency traders to hold on...

BUHARI APPOINTS IBE KACHIKWU AS NNPC GMD

President Muhammadu Buhari has appointed Dr. Emmanuel Ibe Kachikwu as the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC). Dr. Kachikwu, who was...

NAIRA TO RISE FURTHER AS BANKS REJECT DOLLARS

“Banks no longer accept dollar cash due to large speculation on the currency,” the Chief Executive Officer, First City Monument Bank, Mr. Ladi Balogun,...

CBN RELEASES LISTS OF BIG BANK DEBTORS

Banks are exposing the businesses and people behind the mountain of debts threatening to kill the sector  – courtesy of a Central Bank of...

ECOBANK ANNOUNCES BOARD CHANGES

The Board of Ecobank Nigeria has elected Mr John Oche Aboh as its new Chairman. Mr Aboh, who was recently appointed to the Board...

ARUNMA OTEH’S GLOBAL RECOGNITION

If the appointment of Ms. Arunma Oteh as Vice President and Treasurer of the World Bank, last weekend, came as a big surprise to...
- Advertisement -

Latest article

Saraki Casts His Vote

Amidst fanfare, the Senate President Bukola Saraki arrived his polling unit 005 in Ode-Opobiyi, Ajikobi Ward Ilorin West, Kwara State to cast his vote...

Osinbajo Casts His Vote, Says He Is Confident Of Victory

The vice President, Professor Yemi Osinbajo has cast his vote. The VP who cast his vote alongside his wife, Dolapo, in Lagos said he is...

Peter Obi, Wife Casts Vote, Says Security Agents Harassed Him

The vice-presidential candidate of the Peoples Democratic Party (PDP), Mr Peter Obi, and his wife Margaret have cast their votes in the presidential and...
- Advertisement -