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The Governor of Central Bank of Nigeria, Mr Godwin Emefiele on Sunday said that the Nigerian banking sector is strong in spite of the fact that some banks failed its stress test.
The International Monetary Fund (IMF) has said the sustained closure of the Nigerian land borders is hurting economies of Benin Republic and Niger Republic.
The Central Bank of Nigeria (CBN), yesterday disagreed with the position of the International Monetary Fund (IMF) on the impact of the foreign exchange (Forex) restrictions on Foreign Direct Investment (FDI) inflow into the country.
The World Bank is willing to invest $510m, in three tranches, in the Lake Chad Basin to address insecurity, desertification and humanitarian challenges, among others.
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, yesterday, allayed fears on speculations of alleged insolvency in about seven banks following their failure to scale through a recent stressed conducted by industry regulators.
The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in the official forex market was impeding the flow of foreign direct investments (FDIs) in the country.
The World Bank has finally approved Nigeria’s request for a $3bn loan for the expansion of the transmission and distribution networks in the power sector.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the temporary closure of Nigeria’s land borders with her neigbours is not to induce revenue generation.
The foreign exchange restrictions placed on 43 items by the Central Bank of Nigeria (CBN) on Tuesday drew criticism from the International Monetary Fund (IMF).
The International Food Policy Research Institute (IFPRI) in Washington DC said it was collaborating with stakeholders in Nigeria to tackle malnutrition and stunted growth among children.
The United States African Development Foundation (USADF) and the Niger State government have signed a Memorandum of Understanding (MoU) for a strategic partnership deal worth $10 million to run for a period of over five years.
Leader of the proscribed Indigenous people of Biafra (IPOB), Nnamdi Kanu, will on Tuesday lead a delegation to the UN office in Geneva, Switzerland.
Wayne Rooney says Louis van Gaal is the best head coach he has worked under, despite being managed for nine years at Manchester United by Sir Alex Ferguson.
Wayne Rooney has turned down offers to move into management because he wants to focus on his playing career, but he is eager to become a coach after his retirement.
The Presidency has said Vice President Yemi Osinbajo and his United States counterpart, Mr. Mike Pence, are to discuss matters of mutual interests between Nigeria and the US, economic prospects and other related matters in Washington DC.
The Management of the University of Ilorin (UNILORIN) says it has promoted 968 staffs in the 2019 promotion examination.
Nigeria born England international Tammy Abraham is on the verge of landing a boost on his Chelsea contract it has been revealed.
A Civil Society Organisation (CSO), the Accountable Leadership For Better Nigeria Initiative, ALBNI, has called on President Muhammadu Buhari to relieve the Minister of State for Petroleum Resources, Timipre Sylva, of his duties over claims by the latter that debt owed the federal government by the International Oil Companies, IOCs, would be difficult to recover legitimately.
Veteran Nollywood actress, producer and TV personality, Monalisa Chinda, has called for improved welfare and better working environment for Nigerian actors.
A Federal High Court in Lagos has ordered the interim forfeiture of two properties in Ikoyi, Lagos, belonging to former Senate President, Dr. Bukola Saraki.
The Kaduna State Government has shortlisted 5,351 job applicants for the second stage of the interview.
Nigerian artistes have been advised to tone down the preaching on ”get rich or die trying messages” in their songs, as many young people look up to them as role models.
An oncologist, Dr Olalekan Olasehinde, has called on women to go for breast screening, saying not all breast lumps are cancerous.
Hundreds of internally displaced persons (IDPs) registered for relief financial packages under Youth Empowerment and Social Support Operations (YESSO) protested in the Adamawa State capital, Yola, on Monday over bogus payments that reached only a small fraction of them.
The Lagos State Police Command has arrested an 18-year-old Elikor Ehud, in Ejigbo area of the state for allegedly stealing tithes and offerings belonging to Chosen Vine Ministry, Furniture Avenue.