CBN Announces Release Of $500 Million To Various Sectors

The Central Bank of Nigeria (CBN) has announced the release of the sum of $500 million to various sectors to address the backlog of...

Naira Sinks Deeper, Exchanges At N1,399 To Dollar

The Nigerian foreign exchange (FX) market witnessed a great drop in the value of the naira, reaching an unprecedented intraday rate of N1,399 to...

Private Jet, Conveying VIPs, Runs Into A Bush At Oyo Airport

A private jet, carrying 10 people, including some Very Important Persons (VIPs), has ran into a bush at the Ibadan airport runway in the...

CBN Ends Retreat, Fixes February 26 For Monitary Policy Committee Meeting

The Central Bank of Nigeria (CBN) has just concluded a two-day strategic retreat for members of the Monetary Policy Committee (MPC) meeting. The retreat, according...

NCC Wades Into MTN, Glo Dispute: Suspends Disconnection Approval

The Nigerian Communications Commission (NCC) has extended by 21 days from yesterday, January 17, approval granted the MTN to disconnect Glo from its network...

CBN Vows To Sanitise Financial Services Sector To Foster Trust

The Central Bank of Nigeria (CBN) has vowed to sanitise the financial service sector with a view to foster trust among all market participants,...

Dangote Refinery Begins Production In Lagos, Nigeria

The Dangote Refinery, the largest single-train refinery in the world, has commenced production in Lagos.The refinery began operations in the early hours of yesterday,...

Hope Rises For Commencement Of Ubeta Gas Project In 2024

  Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Matthieu Bouyer has raised the hope that the company would soon take the final investment...

Aviation: The Critic And The Witch, By Michael Achimugu

There are a million flowery word combinations I could say to sound like an intelligent person. But today is not a day for semantic...

MTN, Glo, Renew Old Rivalry Over Alleged Debt

MTN, Glo Renew Old Rivalry Over Alleged Debt Telecommunications service providers, MTN and Globacom are currently on each other's throats over a debt running into...
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