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National e-ID card transfer available at collection centres

The National Identity Management Commission (NIMC) has said that the National e-ID card transfer is now available at collection centres nationwide.

Foreign reserves drop to $46.37 billion, lowest in five months

The 30 days moving average of the Nigerian external reserves was down to a five – month low dropping to $46.37 billion, the lowest level since March this year.

Governor Ganduje: NIN crucial to socio-economic development

Governor Abdullahi Umar of Kano State has said that the successful implementation of the National Identification Number nationwide, would promote all round economic development of the country.

CBN injects $327m, CNY 69m into Retail SMIS

The Central Bank of Nigeria (CBN), on Friday, August 10, 2018, injected the sum $327,440,499.50 into the interbank retail Secondary Market Intervention Sales.

Eko DisCo compensates staff beaten in line of duty

The Eko Electricity Distribution Company says it has handed N1.7 million to its staff, Abayomi Ololade, who sustained injury after a violent attack on him by consumers in Ajele area of Lagos Island.
Aiteo Group

NFF crisis: AITEO threatens to withdraw sponsorship

The major sponsor of the Nigeria Football Federation, AITEO Group, has threatened to withdraw its support for the federation if the ongoing crisis plaguing the football administration in the country is not resolved.

Central bank injects $210 million into foreign exchange market

The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet customers’ requests in various segments of the market.

Air Peace dismisses prophecy of impending accident as fake

Air Peace on Friday urged members of the public to ignore a recorded voice message warning them not to patronise the airline and some other air and land transport companies.

Central bank boosts forex market with $210 million

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said.

Central bank mandates bureaux de change to access foreign exchange window thrice weekly

The Central Bank of Nigeria has made it mandatory for all the Bureau de Change operating in Nigeria to access Foreign Exchange from it thrice a week.

CBN: 41 items still banned under Nigeria-China currency swap deal

The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange.

Lagos community decries poor power supply

Electricity consumers in Cardoso Awodi-Ora area of Ajegunle Apapa in Ajeromi Ifelodun Local Government Area, Lagos, on Friday decried the epileptic power supply, outrageous billing and dilapidated equipment in their community.

Bank manager, brother drown during picnic at Ibeno Beach

The Manager of Skye Bank Plc, Abak Road Branch, Uyo, Akwa Ibom State, Mr. Ubong Ekpe, is dead.

Central bank spends N55bn to improve local food production

The Central Bank of Nigeria says it has disbursed N55 billion to more than 250,000 farmers within two years of implementation of the Anchor Borrowers Programme.

Nigeria’s power sector needs good hands to move up in future – Lagos govt

The Lagos State Government says Nigeria needs good hands in the power sector to move it up in future.

Transmission station fire outbreak throws Kano into darkness

Most parts of Kano metropolis have been thrown into darkness, following a fire outbreak at the Kofar Dan’agundi transmission station in Kano on Thursday.

Nigerian Stock Exchange website ranked best in Africa

The Nigerian Stock Exchange (NSE) website has been ranked as the highest stock exchange website in Africa.

Naira closes flat as central bank injects $195m into forex market

The Central Bank of Nigeria has continued its sustenance of foreign exchange liquidity by injecting another $195m into the inter-bank foreign exchange market, even as the naira maintains its strength.

Recent Stories

Medical council validates four coronavirus test kits – registrar

The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Legendary reggae artiste, Majekodunmi Fasheke, aka Majek Fashek is dead. The artiste died in a New York hospital after a protracted illness on Monday about 5-45pm. He was aged 71.

Nigerian celebrities mourn deceased Majek Fashek

Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.

Rwanda set to announce new coronavirus restrictions

Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
Nigerian President Muhammadu Buhari3

Nigeria declares telecoms facilities critical national Infrastructure

In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
President Muhammadu Buhari has again, addressed Nigerians on the efforts of its government to contain the coronavirus pandemic (covid-19) that is ravaging the country 4

ASCAB: President Buhari’s speech underestimate Sani Abacha’s $5 billion loot

Alliance for Surviv­ing COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Mu­hammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion con­tradicts the figures earlier released by his own officials.