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Payments Position

The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Bureau de Change operators want more action to support Naira

The Association of Bureau De Change Operators of Nigeria (ABCON) on Monday said that a competitive Diaspora Remittance market space would engender Naira stability.

CBN: New policy on offshore remittances will reduce cost, tackle round-tripping

The Central Bank of Nigeria (CBN) has said that its new “CBN Naira 4 Dollar Scheme” which comes into effect on Monday is aimed at providing Nigerians abroad with cheaper and more convenient ways...
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s central bank says new scheme will ease diaspora remittances

The Central Bank of Nigeria has explained that its new “Naira 4 Dollar Scheme” seeks to make remittance through formal bank channels cheaper and more convenient for Nigerians in the diaspora.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigeria’s foreign reserves rise to $35.81 billion

Nigeria’s foreign reserves rose by $140.9m from $35.67bn as of September 1 to $35.81bn as of September 17, the latest figures from the Central Bank of Nigeria have shown.

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The state’s Commissioner for Information and Strategy, Mr Declan Emelumba who received the family in his office in Owerri, described her death as a ‘huge loss’.

Imo government condoles with family of student killed by stray bullet

Imo Government on Wednesday condoled with the family of Miss Divine Nwaneri, a first-year student of the Imo State University, who was killed by a stray bullet on April 24.
A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo. REUTERS-Kim Kyung-Hoon

World Bank to construct 13.16km Lagos farm roads

Lagos State Government says its World Bank-assisted Agro-Processing, Productivity Enhancement, Livelihood Improvement Support (APPEALS) Project will construct 13.16km Farm Access Roads (FARs) in four cluster areas.
The former Chief of Defence Staff to late Gen. Sani Abacha, Lt-Gen. Joshua Dogonyaro has died. He died at the age of 80.

Plateau governor mourns ex-CDS Dogonyaro

Gov. Simon Lalong of Plateau, has expressed sadness over the death of the former Chief of Defence Staff, Lt. Gen. (Rtd.) Joshua Dogonyaro, at the age of 80.
Nine-time champion Rafael Nadal saved two match points to defeat Canada’s Denis Shapovalov in a three-set battle and advance to the quarter-finals of the Italian Open on Thursday.

Italian Open: Rafael Nadal beats Denis Shapovalov to reach quarter-finals

Nine-time champion Rafael Nadal saved two match points to defeat Canada’s Denis Shapovalov in a three-set battle and advance to the quarter-finals of the Italian Open on Thursday.
The Nigeria Police Force has quizzed Musician, Dapo Oyebanjo, aka D’Banj, over allegations of rape, according to a report.

D’banj set to unveil new female signee

Popular Nigerian singer, Dapo Oyebanjo, fondly known as D’banj, has revealed plans to unveil a new female signee to his record label, DB records.

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National Chairman of the Pan Niger Delta Forum, PANDEF, Senator Emmanuel Ibok Essien, has said the British government must properly define the type of help it would offer Nigeria to stem the worrisome security situation in the country.

PANDEF backs IGP’s directive on suspension of personnel escorting VIPs

The Apex socio-cultural organisation of the Pan-Niger Delta Forum, PANDEF, has backed the directive of the Inspector-General of Police, Ag Usman Akali Baba, on the suspension of police personnel from escorting VIPs, in the South-East, and some South-South states.
Scottish First Minister Nicola Sturgeon arrives at Glasgow counting centre in the Emirates Arena in Glasgow, Scotland, Britain May 7, 2021. Jeff J Mitchell-Pool via REUTERS

Scottish pro-independence party heads for election win

The Scottish National Party (SNP), which has vowed to hold an independence referendum that could tear the United Kingdom apart should it be returned to power, will find out on Saturday if it has won a majority in Scotland's parliament.
African Action Congress AAC

AAC: DSS can’t intimidate Nigerians into forced patriotism

The African Action Congress, AAC, has stated that the Department of State Services, DSS, should now and cannot intimidate Nigerians into “forced patriotism” in a society where social justice is absent.

2021 UTME: Mock examination slips ready for printing – JAMB

The Joint Admissions and Matriculations Board (JAMB) says that mock examination slips for its Unified Tertiary Matriculation Examination (UTME) can now be printed out in preparation for the exercise.
FILE PHOTO - Refugees and migrants stand next to tents in the Mavrovouni camp on the island of Lesbos, Greece, March 29, 2021. REUTERS-Elias Marcou-File Photo

Council of Europe accuses Greece of migrant pushbacks

Europe’s top human rights watchdog has urged Greece to end pushbacks of asylum-seekers on its borders, a practice that Athens denies carrying out.