The Governor of Central Bank of Nigeria (CBN) has decried the huge strain put on the country’s foreign reserve by medical tourism. He made this known on Friday at the launch of a newly built, private-owned health facility located in Ikeja, Lagos. He lamented that for every 1 billion dollars […]
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Nigeria’s inflation figure has declined for a seventh consecutive month to 16.63 per cent. This was disclosed by the Statistician-General of the Federation, Simon Harry, while speaking at a press briefing in Abuja on Friday. According to a report released by the Nigeria Bureau of Statistics, the Consumer Price Index […]
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President Muhammadu Buhari on Friday, October 8 received the certificate of incorporation of the Nigeria National Petroleum Company Limited (NNPC), charging the Board of Directors, Chief Executive Officer, and Chief Finance Officer, to deliver a global national oil company. This was made known by the Special Adviser to the President […]
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The Central Bank of Nigeria has postponed the unveiling of the country’s first digital currency, eNaira, citing key activities lined up for Nigeria’s independence anniversary. Osita Nwasinobi, spokesperson of the CBN, in a statement on Thursday, said the suspension of the launch was in deference to the mood of national […]
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Emirates Airline, flag carrier of the United Arab Emirates (UAE), has extended the resumption of flights to and from Nigeria till October 10. This was announced by the airline in an updated statement on its website, as a diplomatic row between Nigeria and the United Arab Emirates (UAE) deepens. Regretting […]
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The Central Bank of Nigeria (CBN) has stated that all merchants and business outlets in the country must accept the country’s first digital currency, eNaira as a form of payment for business transactions. Speaking on Business Morning on Channels television on Monday, CBN’s director of payment system management , Musa […]
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The Information and technology (ICT) sector has contributed 17.92 percent to the nation’s gross domestic product (GDP) in the second quarter of 2021. The minister of communications and digital economy , Isa Pantami made this known on Tuesday at the unveiling of the Nigerian Communications Commission(NCC) strategic vision plan for […]
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At the commissioning ceremony, Prof. Osinbajo said that with the leather cluster having about 2000 stores and almost 30,000 MSMEs operating there; that he had no doubt that the facility will be of immediate value…
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Following the information gathered of how Polaris Bank top staff forged a customer’s cheque book and stole N12.6m has emerged. The Lagos High Court has heard how a Polaris Bank Account Officer, Keshinro Babatunde, allegedly stole the sum of twelve point six million naira N12.6m from a customer’s account through […]
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A report by the World Bank has suggested that Nigeria’s unemployment crisis in recent times is the worst in the nation’s history. The report which raised an alarm over the nation’s rising unemployment situation was published by the World Bank with support from the Korea World Bank Partnership Facility (KWPF) […]
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