The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded last Tuesday.
Kano Electricity Distribution Company (KEDCO) has launched a Joint Task Force (JTF) for its Katsina State zonal office to safeguard electricity installations and other equipment in the area from vandals.
A statement from the Debt Management Office (“DMO”) on Thursday said: “The proceeds of the Green Bond will be used to finance projects in the 2018 Appropriation Act, which will contribute to Nigeria’s commitments to the Paris Agreement on Climate Change.”
Rivers State Governor Nyesom Wike has warned that the State Government will not tolerate the shutting down of oil production facilities of operating companies in the state.
Nigerian Communications Commission has stressed the need to protect telecommunication infrastructure in the country to ensure quality services.
A firm incorporated in the British Virgin Islands will ask a British court on Friday for the right to seize up to $9 billion of Nigerian government assets - some 20% of the oil-rich nation’s foreign reserves - over an aborted gas project.
Nigeria’s central bank said it made no change to its naira policies, after a revision on its website led some analysts to speculate that it was ending a system of multiple exchange rates.
The Economic Community of West African States (ECOWAS), is in the “fast lane’’ of integration and planned to have its own currency in 2020, a member state has disclosed.
South Africa’s rand slipped on Thursday, as investors were unnerved by an investigation into a donation for President Cyril Ramaphosa’s 2017 campaign, leader of the governing African National Congress (ANC) party.
Investors in the nation’s stock market lost N533bn in the last seven trading sessions as bearish sentiment persisted in the market.
Nigeria, Africa’s top oil producer, earned a total of $236.15bn from petroleum exports over the last five years, a new report by the Organisation of Petroleum Exporting Countries has shown.
The Federal government via the Nigerian power sector regulator - Nigerian Electricity Regulatory Commission (NERC) - has granted Green Energy International Limited (GEIL), the Operator of the Otakikpo Marginal field an embedded licence for 40 megawatts of electricity (40 MW) power plant.
Vladyslav Supriaha inspired Ukraine to Under-20 World Cup glory for the first time in their history as he scored twice in a 3-1 comeback win against South Korea.
Bayern Munich should enjoy a smooth entry into the new season after being drawn against fourth-tier Energie Cottbus in the first round of the DFB-Pokal.
Former Chelsea boss Roberto Di Matteo has described Frank Lampard as a "great fit" to replace Maurizio Sarri in the Stamford Bridge dugout.
Shortage of forensic facilities and expertise have been identified as major setbacks in the fight against corruption and illicit financial flows in Nigeria, according to some stakeholders.
Akwa United, Rivers United, Abia Warriors were among the other clubs who sent their opponents packing in the Round of 64 fixtures on Saturday.
President of the Senate Ahmad Lawan has said that henceforth the National Assembly would ensure the passage of the nation’s appropriation bill within three months of its submission by the executive arm of government.
The Police Command in Osun on Friday, said it had arrested 13 persons suspected to be involved in violent crimes on major highways and towns in the state.
The Gombe State Recovery Committee has urged the immediate past governor of the state, Ibrahim Dankwambo, and his aides to appear before it.
Frank Lampard is set for an emotional return to Chelsea, as the club prepare to formally offer him the manager’s job and will bring some of his former team-mates, SportsMail reports.
Former Deputy Speaker of Ogun State House of Assembly Kunle Taiwo Oluomo has been elected the Speaker of the state’s All Progressives Congress (APC)-dominated Ninth Legislative Assembly.