The Central Bank of Nigeria (CBN) on Wednesday, Jan. 31, imposed limits on how much banks can hold in foreign currencies. The apex bank expressed concern...
The Senate Committee on Banking, Insurance and other Financial Institutions held an emergency meeting on Wednesday where they resolved to summon the Governor of Central Bank...
President Bola Ahmed Tinubu has authorised the Central Bank of Nigeria (CBN) to take control of crude oil sales from the Nigerian National Petroleum Company Limited...
The National Industrial Court, Lagos Division, on Tuesday, ordered Total E&P Nig. (formerly Elf Petroleum Nigeria Limited) to pay the security guards it unjustly disengaged N50m...
The Central Bank of Nigeria (CBN), on Tuesday, said it has cleared verified outstanding liabilities to foreign airlines with $64.44 million. The money is forex backlog accumulated...
One week after the Lekki Port, Nigeria’s deepest seaport, received the largest container ship to call in Nigerian port, the new port is set to welcome...
The Central Bank of Nigeria, CBN, has announced that it is injecting another $500 million to clear the foreign exchange backlog. Hakama Sidi Ali, Acting Director...
The National Agency for Food and Drug Administration and Control (NAFDAC) has warned against importation of syringes from foreign countries, saying the act may kill local...
The naira yesterday depreciated to N1,405 per dollar in the parallel market from N1,375 per dollar on Wednesday. Similarly, the naira depreciated to N900.96 per dollar...
The National Bureau of Statistics (NBS) has said the Federal Government generated N1.49 billion from passenger fares for rail transport in the third quarter of 2023...
Oyo State Governor and Allied Peoples Movement (APM) presidential candidate Seyi Makinde says his decision to run for president in...
Seyi Makinde, Governor of Oyo state and presidential candidate of the Allied Peoples Movement (APM), says he is open to...
The Federal High Court, on Friday, ruled that the Independent National Electoral Commission had no power to unilaterally disqualify a...
Loyalists of former Vice President Atiku Abubakar on Wednesday staged a protest at the Federal High Court in Abuja, demanding...
Vice-President Kashim Shettima says Ondo State received more than 22 per cent additional revenue from the Federation Account in the...
OPay Limited has suspended its planned initial public offering (IPO) on the New York Stock Exchange (NYSE) following a regulatory...
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said some Nigerians spend as much as...
The Federation Account Allocation Committee (FAAC) has shared the sum of N2.428 trillion among the Federal Government, 36 states government...
Nigeria’s headline inflation rate fell to 14.63 per cent in September 2026, down from 15.39 per cent in August, as...
The Nigerian Communications Commission (NCC) says it is taking steps to widen stakeholder participation in Internet governance after survey revealed...
Nollywood actress and former beauty queen, Tenia Abraham, is dead. Abraham died of kidney infection on October 13, 2026. She...
Nigerian gospel singer Toluwanisings, whose real name is Olayemi Bayonile Bolaji, has died. His death was announced on Wednesday by...
The family of late Ibadan politician Lamidi Adedibu and filmmaker Seun Oloketuyi are at odds over a new biopic, ‘Adedibu:...
Social media activist, VeryDarkMan, has challenged Apostle Arome over his claim that he spent four years and six months in...
Nigerian singer, Tiwa Savage, has accepted fight challenge from fellow singer, Teniola Apata, popularly known as Teni. Teni had issued...