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The Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN), Dr. Joseph Okwu Nnanna, has called on the National Assembly to expedite action on the passage of the Factoring Bill currently before the parliament.
A Federal High Court in Lagos on Tuesday sentenced a 26-year-old man, Seun Abdulahi, to one year in prison for being in possession of fake Naira notes.
Transaction turnover in the Fixed Income and Currency (FIC) markets for the month of May amounted to N14.30trillion, a 4.30 percent (N0.64trn) decrease from the value recorded in April and a 50.60 percent (N4.80trn) increase Year on Year.
The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.
The African Development Bank says it has approved $10 million equity investment in the financial sector deepening fund to strengthen the capital base of local financial institutions.
The Chairman, House of Representatives Committee on Banking and Currency, Hon. Chukwudi Jones Onyereri, has expressed displeasure over what he described as an abysmal high interest rates on loans granted by the Nigerian Export-Import Bank (NEXIM) to Micro Small and Medium Enterprises (MSMEs).
The Nigerian currency lost one point to exchange at N363, weaker than N362 posted on Thursday, while the Pound Sterling and the Euro closed at N496 and N429, respectively.
As Central Bank of Nigeria (CBN), for the umpteenth time, urged the public to refrain from accepting multilated Naira notes from banks, all tiers of government equally have a role to play via mass education in changing the orientation of Nigerians towards the currency.
Legislative rascality has a long, chequered history. Perhaps one of the most dramatic in the Senate in the last 18 years happened on the watch of Chuba Okadigbo, when former President Olusegun Obasanjo tried by means fair and foul to remove Okadigbo as president of the Senate.
The World Bank, through the FADAMA III Additional Financing (AFII) Programme, will soon disburse N8.6 billion to 5,916 youths across the country in the Graduate Unemployment Youths Support Scheme (FADAMA GUYS).
The International Monetary Fund (IMF) has projected that Nigeria’s inflation will remain in the double digits in 2018.
The Peoples Democratic Party (PDP) has alleged clandestine plots by certain agents of the federal government and the All Progressives Congress (APC) to clampdown on key members of the opposition parties ahead of the 2019 general election.
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Youths Initiative for Advocacy, Growth and Advancement (YIAGA) Africa, a Non-Governmental Organisation (NGO), on Monday insisted that announced result of Saturday’s governorship election in Ekiti was correct.
The Petroleum Technology Development Fund (PTDF) has extended it scholarship programme to China, Germany and France to deepen capacity of Nigeria in the oil and gas sector.
The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the planned oil palm-based bio-diesel project.
Former Arsenal forward Thierry Henry has announced he is leaving Sky Sports to focus on his "long-term ambition to become a football manager".
Newspaper Vendors in Bauchi have lamented over the drop in sale of newspapers as a result of internet evolution.
Chris Akomas, a former deputy governor of Abia State, has formally declared his interest to run for the 2019 governorship race on the platform of the All Progressives Congress (APC) and solicited for the support of his party members.
Croatia midfielder Ivan Rakitic insisted fatigue will not be an issue for the biggest game of his career despite being pushed to three periods of extra-time to make Sunday’s World Cup final.
As part of measures to raise the consciousness of motorists on safety issues on the highways in Katsina, the Federal Road Safety Commission (FRSC) in the state on Wednesday said it had apprehended 32 motorists for various offences ranging from overloading, violation of traffic rules and driver’s licence.
Thirty men suspected to be members of an unlawful society called “Black Axe” were on Wednesday arraigned in a Yaba Chief Magistrates’ Court, Lagos.
The National Emergency Management Agency (NEMA) says it has received a batch of 160 assisted voluntary returnees from Libya who were stranded in failed attempts to reach different European countries.