archiveFebruary 10, 2022

The Central Bank of Nigeria (CBN) has unveiled a foreign exchange revenue expansion scheme called RT200 FX Programme. The programme, which stands for the “Race to US$@00 billion in FX Repatriation”, was announced on Thursday by the CBN Governor, Mr Godwin Emefiele, during his Post-Bankers Committee press briefing in Abuja....

Seven people were reportedly feared dead on Thursday in Ibadan, the Oyo state capital when armed robbers attacked a bullion van at the Idi-Ape area of the city. It was learnt that the newly installed traffic light in Idi-Ape had stopped the bullion fan when the robber started shooting sporadically...

The Central Bank (CBN) on Thursday said its policies and measures have led to a significant improvement in diaspora remittances inflow. Speaking at the end of the Banker’s Committee meeting in Abuja, Governor Godwin Emefiele said inflow increased from an average of US$6 million per week in December 2020 to...

President Muhammadu Buhari on Thursday in Abuja, warned diplomats newly posted into the country to steer clear from internal politics while remaining within the limits of their schedules. Buhari said this during the presentation of Letters of Credence to Ambassadors of Czech Republic, Zdenek Krejci; Italy, Stephano De Leo; Spain,...

The President of African Development Bank (AfDB), Dr. Akinwumi Adesinais has said that the bank was mobilising $5 billion for African women businesses in a bid to unleash the business potential of women in the continent. Adesina said the Bank’s Affirmative Finance Action for Women in Africa (AFAWA) was now...

promises remedial action on defaulting importers The Nigerian National Petroleum Company (NNPC) Limited has reassured Nigerians of its capacity to restore sanity in the supply and distribution of quality Premium Motor Spirit (PMS) also known as petrol across the country within a short period. The Chief Executive Officer/ Group Managing...

Aisha Yesufu, an active Nigerian citizen, has stated that Nigerian youths should not shy away from the country's electoral process as their involvement would bring about those elements of governance they desire and deserve. According to Ms. Yesufu, an advocate of Anap Foundation, "Votes don't count is the big lie...

  The Nigerian National Petroleum Company Limited (NNPC) has countered MRS Oil Nigeria Plc as regards the recent importation of adulterated Premium Motor Spirit (PMS), popularly called petrol, into the country. NNPC’s Group Managing Director, Mele Kyari, named MRS and three other dealers as the firms that imported the contaminated...