NNPC Pledges To Domicile Its Revenue, Others In CBN

The Nigerian National Petroleum Company Limited (NNPC Ltd.), has formally pledged to domicile a significant portion of its revenues and other banking services with...

Task Of Stabilising Exchange Rate Beyond CBN, Apex Bank’s Boss Warns

The Governor of the Central Bank of Nigeria (CBN), Oluyemi Michael Cardoso has warned that task of stabilising the Nigerian foreign exchange rate is...

NCDMB Promises To Fast-Track Approvals Of Oil Industry Projects In Nigeria 

  The Nigerian Content Development and Monitoring Board (NCDMB) has promised to accelerated approvals of requests and documents submitted to it by operating oil and...

Economic Saboteurs On The Prowl, CBN Alerts Nigerians

The Central Bank of Nigeria (CBN) has alerted Nigerians and stakeholders about the economic Saboteurs that are currently causing panic in the system. "We urge...

Nigeria’s Population Hits 216.8 Million, As Active Voice Subscription Increases – NCC

Nigeria’s population has climbed to 216,783,381, as of 2022, from the 2017 projection of 190 million people. Quoting the Nigerian Population Commission (NPC) projection, in...

CBN Identifies 1,500 Staff, Some Departments For Relocation To Lagos

The Central Bank of Nigeria (CBN) has finally identified 1,500 staff members and some departments to be relocated to Lagos office from its Abuja...

CBN Spends Additional $64.44 Million To Clear Debts To Airlines

The Central Bank of Nigeria (CBN), has cleared all the debts to foreign airlines in the country with additional $64.44 million. This is in fulfilment...

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...
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