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The National Agency for Food and Drugs Administration and Control (NAFDAC) has said that sensitising herbal and traditional medicine practitioners on best practices would make the trade earn foreign exchange for the country.
Prof. Yemi Osinbajo, the Vice President and the running mate of the All Progressives Congress (APC) presidential candidate said that the APC led federal government was consulting with key stakeholders before signing the Africa Continental Free Trade Agreement.
The Central Bank of Nigeria (CBN) on Monday, added fertiliser to the list of items classified as “Not Valid for Foreign Exchange.”
The Central Bank of Nigeria (CBN) on Monday vowed to clamp down on individuals and businesses engaging in clandestine activities to frustrate the restriction of foreign exchange on the importation of 41 items into the country.
Central Bank of Nigeria (CBN) says local manufacturers and farmers will be sufficiently supported financially and otherwise in 2019
A financial expert, Tony Edeh, has urged the Federal Government to resolve issues with oil marketers to ensure availability of fuel during the Yuletide.
The Lagos Chamber of Commerce and Industry (LCCI) has warned that the declining global oil prices pose a risk to stability in the foreign exchange market and may threaten the ongoing negotiation on the new minimum wage.
It is not going to be easy for banks, companies and individuals behind activities aimed at undermining the extant policy on the 41 items banned from accessing foreign exchange at the official window of the Central Bank of Nigeria (CBN), as it is now declared economic sabotage.
The Central Bank of Nigeria (CBN) has threatened to sanction any bank, company or foreign exchange operator that engage in any act that undermines the policy of 41 items not allowed in the official foreign exchange (FX) window.
The Central Bank of Nigeria (CBN) on Tuesday intervened in the wholesale segment of the foreign exchange market, offering the sum of $100 million to dealers in that window.
Within a space of six months this year, the Central Bank of Nigeria (CBN) has so far expended about $20.91 billion to stabilise the naira at the various segments of the foreign exchange (forex) market.
The Central Bank of Nigeria has injected over $10.97bn, into the Forex Market between January and October this year, to defend the Nation’s currency, the Naira, against other major currencies, including the dollar.” (See Punch Newspaper report of November 18th 2018 titled “CBN Defended Naira with $11bn in 10 months”).
The downward slide of crude price may hamper current economic prospects in the country, particularly if the development refuses to abate, oil and gas analysts have said.
The Peoples Democratic Party (PDP) has told President Muhammadu Buhari that Nigerians are no longer interested in fake promises and false performance claims, now that elections are around the corner.
The Adamawa House of Assembly on Wednesday passed four Bills into law.
Police in Anambra Sate have arrested five persons allegedly for killing a 35-year-old woman, Gold Gift, dumping her body at Dennis Memorial Grammar School (DMGS) roundabout, in Onitsha.
The Lagos State Emergency Agency (LASEMA) said no lives were lost at the fire outbreak which occurred at Abule Egba in Ojokoro Local Council Development Area of Lagos State on Wednesday.
The Centre for Citizens with Disabilities, CCD, has called on President Muhammadu Buhari to sign the Disability Bill Act into law to reduce the burden faced by People With Disabilities (PWDs) in the country.
National Chairman, All Progressive Congress, Adams Oshiomhole, on Wednesday expressed hopes that the National Assembly won’t ‘distort the 2019 budget’ as presented.
Mr Omoyele Sowore, Presidential Candidate of the African Action Congress (AAC), has protested against his non-inclusion in the planned Presidential Debate being organised by the Nigeria Elections Debate Group (NEDG).
The Parliamentary Staff Association of Nigeria (PASAN) has sealed off the National Assembly complex as it began a four-day warning strike.
South Africa made the Friday night deadline and submitted a bid to be replacement hosts for next June’s Africa Cup of Nations finals but the South Africa Football Association (SAFA) says it is seeking clarity on the price tag of the tournament.
They call her the "young miracle". A baby who was admitted to an Ebola treatment centre just six days after birth is now recovered from the virus.
The Nigeria Police has arrested nine suspects over alleged involvement in kidnapping, armed robbery and cattle rustling in Katsina and Benue states.