Blackout as National grid collapses again
Nigeria early morning Monday witnessed its sixth power grid collapse in 2024. Between 2am and 3am on Monday, electricity generation…
Business
Naira may exchange below N1,000 per Dollar from May– Goldman Sachs
Goldman Sachs has predicted that the Naira may exchange below N1,000 per Dollar in the coming months. The Goldman Sachs…
Nigeria’s growth is dependent on building core national value–Aganga
Former Minister of Industries, Trade and Investment, Dr. Olusegun Aganga, has said that Nigeria cannot achieve sustainable economic growth and…
CBN sacks another 50 officials
Fifty officials have been sacked from their positions in the Central Bank of Nigeria (CBN) by Governor Olayemi Cardoso. The…
Our diesel price cut will bring down inflation–Dangote
President of Dangote Group, Alhaji Aliko Dangote has said that the cut in diesel price by his refinery is bringing…
Foreign carriers plotting to eject us from Nigeria-UK route– Air Peace
A private Nigerian airline, Air Peace, has raised the alarm that foreign carriers are plotting to eject it from Nigeria-UK…
CAC places First Bank records on caveat as board crisis deepens
The Corporate Affairs Commission, CAC, has placed the records of First Bank of Nigeria (FBN) Holdings on caveat. The decision…
Nigeria gets oil-backed $1bn Afreximbank loan in May
Nigeria is set to receive $1.05 billion from a syndicated loan backed by oil by the end of May. The…
BREAKING: Again, CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria has again announced the sales of dollars to Bureau De Change operators. It disclosed this…
FG appoints indigenous company to produce new national ID card
The National Identity Management Commission (NIMC) has appointed a Lagos-based indigenous company, SecureID, as first manufacturer of National Domestic Card…