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The Central Bank of Nigeria, CBN, has concluded plans to strengthen the Naira, and by extension the nation’s economy through the $15 billion Dangote Refinery.
The International lounge of the Asaba International Airport hosted prominent Deltans, top Government functionaries and investors Tuesday as the Airport was concessioned to a master concessionaire (FIDC-Menzies Consortium, now incorporated as Asaba Airport Company Limited) and sub-concessionaires of technical partners with a designated area of investment for 30 years by the State Government after five years of rigorous and painstaking exercise.
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, said Dangote Refinery would buy Nigeria’s crude oil in Naira and also sell petrol to Nigeria in naira when it commences production.
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, says arrangement is being made to enable the Dangote Refinery sell refined crude to Nigeria in naira when it commences production.
Pan-Yoruba socio-political organisation, Afenifere on Friday said the Northerners cannot threaten the South with withdrawal of cattle and other food produce as there are other alternatives where the items can be purchased.
Supporters and opponents of Myanmar’s military clashed on the streets of Yangon on Thursday as authorities blocked students from leaving their campus to march, a day after a first flurry of diplomacy aimed at resolving the crisis.
Myanmar’s military-appointed foreign minister travelled to Thailand on Wednesday, a Thai government source said, as Myanmar’s neighbours intensified efforts to resolve a crisis that began when its army seized power in a Feb. 1 coup.
The leader of Myanmar’s junta has called for energetic efforts to revive an ailing economy, state media reported on Tuesday, as Western countries considered more sanctions to press the generals to shun a violent crackdown on democracy protests
Foreign Affairs Minister, Geoffrey Onyeama, yesterday clarified a statement credited to the President of Benin Republic, Mr. Patrice Talon said that he wanted Nigeria and the francophone state to be close as though the latter was the 37th state of the former.
Manchester City midfielder Rodri says crisis talks sparked their surge up the table.
Jurgen Klopp said on Friday Liverpool will not have revenge on their minds when they face Everton this weekend for the first time since Virgil van Dijk suffered a serious knee injury.
President Muhammadu Buhari has lauded the Republic of Chad for what he calls the effective “security back-up” given to Nigeria in fighting against insurgency.
Liverpool must "keep fighting" to save their season after picking up a crucial victory over RB Leipzig says Jordan Henderson, who has stressed "it's only one good result".
Tomori joined AC Milan on loan in January and although there is a clause for the England international to stay in Milan permanently, he says it’s “for the clubs to decide” where he ends up.
This is according to Super Eagles head coach Gernot Rohr, who believed the young shot – stopper has done enough to earn the spot after his impressive displays for the West Africans in recent outings.
The comptroller-general of the Nigeria Customs Service, Hameed Ali, says the borders were closed to send a message to Nigeria’s neighbouring countries.
Twenty-four pregnant women, 11 children have been rescued from a suspected baby factory in Calabar, Cross River State, according to newsmen.
The Minister of Information and Culture, Alhaji Lai Mohammed, says posterity will be kind to President Muhammadu Buhari for embarking on massive infrastructure development in the country.
Elders from the South-West geopolitical region of the country have applauded President Muhammadu Buhari for appointing one of their illustrious sons in the Nigerian Military into the nation’s security management team as Chief of the Air Staff.
The much talked about 284 kilometre rail project starting from Kano, Nigeria, via Jibia in Katsina and extending into Maradi in Niger Republic has been flagged off by President Muhammadu Buhari.The much talked about 284 kilometre rail project starting from Kano, Nigeria, via Jibia in Katsina and extending into Maradi in Niger Republic has been flagged off by President Muhammadu Buhari.
Real Madrid are interested in signing Mohamed Salah, but would struggle to afford a deal for the Liverpool attacker, according to the club's former president Ramon Calderon.
Educators are prohibited from carrying out disciplinary procedures that would inflict direct physical pain on students, according to the trialed regulations released by the Ministry of Education last December.
Unrest broke out late on Sunday in a southern Algerian town after a blogger and activist was handed a seven-year jail sentence for condoning acts of terrorism, a news website reported.
She was previously charged with breaches of the country’s emergency management law, connected with the government’s response to the coronavirus pandemic, and a violation of import and export laws for possession of walkie talkies.
A chieftain of the Peoples Democratic Party, PDP, in Edo State, Chief Charles Idahosa, has advised a former governor; Minister of State for Budget and National Planning, Clem Agba, and the All Progressives Congress, APC, not to panic over moves by the Edo State government to probe the N30 billion Edo stormwater project.
The victim was said to be returning from a meeting with members of his local language Bible translation committee when he was abducted along Andoni-Ogoni Road, Rivers State, according to newsmen.
Operatives of the National Drug Law Enforcement Agency (NDLEA), Imo State Command, have intercepted a 40-foot truck carrying Nigerian Breweries beer bottles, with 239 kilograms of substances suspected to be cannabis sativa concealed inside.
A youth group has called on a former Lagos State Governor and National Leader of the All Progressives Congress (APC), Bola Tinubu, to run for the 2023 presidential election under the platform of the ruling party
Senate President, Ahmad Lawan, has assured that efforts would be intensified to secure all parts of the country within the next two months.
Tottenham Hotspur have reportedly made their first move to sign highly-rated Anderlecht Nigerian winger Paul Mukairu this summer.