…Gives Banks 24 months To Recapitalise ABUJA – Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system, the Central... Read more »
…as lawyer withdraws appearance for fleeing Anjarwalla The detained Binance executive, Tigran Gambaryan, has sued the National Security Adviser (NSA) Nuhu Ribadu, and the Economic Financial Crimes Commission (EFCC) over alleged violation of his... Read more »
…As Greenville shortlet apartment is unveiled By Okey Maduforo About thirty seven leisure and hospitality homes have so far been established in Anambra state in the last two years; a development that... Read more »
By Justice Okamgba Data consumption reached 721,522 terabytes, the highest monthly consumption ever recorded, according to the Nigerian Communications Commission. Data obtained on Tuesday from the regulator’s website showed that this record surpassed... Read more »
Nigeria’s public debt stock increased from N87.91 trillion (114.35 billion dollars ) in the third quarter of 2023 to N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023. The National... Read more »
By Elizabeth Adegbesan The naira yesterday appreciated to N1,350 per dollar in the parallel market from N1,430 per dollar on Monday. Similarly, the naira yesterday appreciated to N1,382.95 per dollar in the Nigerian Foreign... Read more »
Japanese carmaker Nissan Motor plans to introduce its e-power hybrid technology car in Tunisia, its Africa head said on Tuesday, as part of plans to test demand in the African market for... Read more »
An Oil and Gas expert, Mr Emmanuel Iheanacho, says the improvement observed in the value of the naira, would not bring about an automatic reduction of petroleum pump price. Iheanacho, Chairman, Integrated... Read more »
By Daniel Adaji The Monetary Policy Committee of the Central Bank of Nigeria has today concluded its two-day meeting for March 2024. This meeting marks the second MPC meeting for the year 2024... Read more »
Daniel Adaji and Justice Okamgba The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in a circular... Read more »