External reserve drops to $30.5 billion as Naira gains

The nation’s external reserves continued its downward slide for the 20th day as it fell to $30.52 billion Thursday.However, the Naira yesterday appreciated by...

FG sets up National Minimum Wage Committee

The Federal Executive Council, FEC, has approved the constitution of a National Minimum Wage Committee to kick start the process of deliberations for a...

Bitcoin surges above $2,400 to all-time high

Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens...

CBN will sell dollars to clear demand backlog of FX for...

The Nigeria Central Bank is planning to sell an undisclosed amount of dollars to settle a backlog of foreign exchange demand for airlines, fuel...

Osinbajo requests Reps’ approval for $1.28bn, €9m loans

Acting President, Prof. Yemi Osinbajo, has requested approval of the House of Representatives for fresh $1.28bn and €9m loans under the 2016-2018 External Borrowing...

Naira falls to ₦381 against USD despite CBN’s $205m injection

The naira depreciated slightly from 380 per United States dollar to ₦381/dollar on the parallel market on Monday.This came despite a $205m injection into...

Naira was accepted abroad for trading in the 70s, says Ex-CBN...

The former Deputy Governor of Central Bank Of Nigeria, Dr Obadiah Mailafia, has appealed to the Federal Government to take measures that will make...

FG, states, LGs shared ₦1.41 trillion in first quater: report

Nigeria Federal Government, the 36 states of the federation and the 774 local government areas have so far shared ₦1.4tn from the Federation Account,...

NNL signs ₦200 million partnership deal with Bet9ja

It was another big plus for Nigerian football after the Nigeria National League on Thursday announced a three-year partnership with leading sports betting company...

Western Union activates live digital service in 40 countries

Global funds transfer company, Western Union Company (NYSE: WU), has announced that it has further strengthened its global digital money transfer footprint, with the...

Kebbi varsity secures Gates’ research grant

The Bill and Melinda Gates Foundation has funded a one million dollars research projects at the Kebbi State University of Science and Technology, Aliero.The...

Lagos disburses ₦11.75 billion to retirees

Lagos State government disbursed ₦11.75 billion to retirees last year.Commissioner for Establishment, Training and Pensions Dr. Akintola Benson Oke said yesterday the amount was...

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