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South Africa Football Association (SAFA), have finally received the R15-million prize money the South Africa national team earned at the Africa Cup of Nations.

South Africa FA receives $1 million AFCON money

South Africa Football Association (SAFA), have finally received the R15-million prize money the South Africa national team earned at the Africa Cup of Nations.

Godwin Emefiele: CBN’s unconventional growth policy paying off

Central Bank of Nigeria Governor, Godwin Emefiele, has said that ensuring price stability and growing the nation’s economy through unconventional policy is paying off.

Godwin Emefiele: Edo can generate 200,000 jobs from palm oil

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Friday Edo State can generate more than 200,000 jobs and millions of dollars in foreign exchange from cultivation and palm oil processing.
Abubakar Malami

Federal government urges youth on automotive industry

The Federal Government has advised youths to leverage their creativity and potential to the nation’s automotive industrial creation.
The border closure has affected goods from other West African countries. Wikimedia Commons

Border closure: Rice dealers want loan, count gains

Some rice farmers have appealed to the Federal Government to provide them with affordable loan facilities to boost production to reduce the price of the commodity as they described the closure as a welcome development.

Central bank, IMF disagree over impact of forex restrictions on foreign direct investment inflow

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.

CBN: Forex restrictions not impeding FDIs

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.

Central bank governor defends forex restriction on 43 items

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has defended the apex bank’s policy restricting foreign exchange sales for 43 items that can be produced locally.

Central bank injects $325.5 million into retail market

The Central Bank of Nigeria (CBN) has injected $325.5million in the Retail Secondary Market Intervention Sales (SMIS) and CNY14million in the spot and short-tenured forwards segment of the inter-bank foreign market.

IMF faults forex restrictions on 43 items as hurting investments

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).
china yuan dollar

Central bank injects $311.5 million, CNY15 million into retail forex market

The Central Bank of Nigeria (CBN) on made an intervention of 311.5million dollar in the retail Secondary Market Intervention Sales (SMIS) and 15 million Chinese Yuan in the spot and short-tenored forwards segment of the inter-bank foreign market.
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

VP Osinbajo: Vibrant commodities exchange needed for economic diversification

The Vice President, Prof. Yemi Osinbajo, yesterday, said that a vibrant commodities trading ecosystem will help diversify the economy away from dependence on crude oil and enhance foreign exchange earnings, forex.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 2

[email protected]: President Buhari orders release of N600 billion for capital expenditure

As Nigeria marks its 59th independence anniversary, President Muhammadu Buhari has ordered the Ministry of Finance, Budget and National Planning to release the sum of N600 billion for capital expenditure within a three-month time frame.
Senate President Ahmed Lawan

Senate commends President Buhari on temporary closure of land borders

The Senate has commended the recent decision by President Muhammadu Buhari to temporarily close all land borders to address smuggling and its impact on the Nigerian economy.
President of the Senate, Ahmad Ibrahim Lawan, said on Tuesday that all standing committees of the upper chamber will be inaugurated on Wednesday.2

Senate urges economic diversification to boost forex

The Senate has advised the Federal Government to accelerate the diversification of the economy to improve the country’s foreign exchange (forex) earnings.

Official: Central bank, governors agree to develop agric sector

The Central Bank of Nigeria (CBN) and governors of the 36 states of the federation on Thursday agreed to pool resources to develop the agricultural potentials in their domains and create jobs.
President Muhammadu Buhari has commiserated with the families of the students of Abubakar Tafawa Balewa University (ABTU), Bauchi State, who lost their lives following the collapse of a bridge at its Gubi Campus after a downpour on Monday night.

President Buhari approves N100 billion lifeline for NEPZA

The N100 billion made available by the Federal Government assisted in no small way to give the Kano free trade zone a lease of life after a 15-year non-completion of the project, the acting Director General of the Nigeria Export Processing Zone, Authority (NEPZA ), Terhemba David Nongo ,has said

Central bank Injects $210 million into forex market

The Central Bank of Nigeria (CBN) has injected 210 million U.S. dollars into interbank segment of the Foreign Exchange Market following sales concluded on Tuesday.

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CHAN Eagles Head Coach Imama Amapakabo said his team showed improvements after two poor outings against Togo in recent weeks, but also admits they could have done better on Saturday to get the result.

U23 AFCON: South Africa tie will be tricky – Imama Amapakabo

Coach of Nigeria’s U-23 team, Imama Amapakabo, says the Olympic Eagles must get the desired result against South Africa, admitting that it has been tough for the team at the ongoing U-23 Africa Cup of Nations in Egypt.
Ibrahim Magu

Official: EFCC would continue to partner credible CSOs on anti-graft war

The Economic And Financial Crimes Commission, EFCC, has assured credible civil society organisations, CSOs, of continued partnership in the task of combating economic and financial crimes.
Super Eagles’ head coach Gernot Rohr has said winning the 2021 Africa Cup of Nations (AFCON) for Nigeria would make him the most excited person.

Super Eagles head coach wants contract extension resolved

Super Eagles’ manager, Gernot Rohr, has said his contract is not a distraction for him, as the team started their AFCON 2021 qualifiers with a 2-1 victory over Benin.
Lagos State University - LASU

Why LASU is introducing 2-stream undergraduate programmes – vice chancellor

The second stream undergraduate programme of the Lagos State University (LASU) was introduced to help deepen entrepreneurship skill of students of the institution, the Vice Chancellor, Prof. Olanrewaju Fagbohun, has said.

Improving integrity of elections critical to democratic growth – ex-INEC chief

Prof. Attahiru Jega, former chairman of the Independent National Electoral Commission (INEC), says that improving the integrity of elections is key to democratic development of any nation,