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FINANCE
Polls: UK to shut visa application centres in Lagos over safety concerns
In light of the potential escalation of post-election violence in the city, the United Kingdom (UK) announced on Friday that its visa application centers in Lagos would be closed on March 20.
Keep in mind that the elections for governor…
IPOB protests the ranking of the “10th deadliest” terror group.
The Indigenous People of Biafra have slammed the IEP Global Terrorism Index Report of 2022 as a plot by the Federal Government and other foreign agencies to extort money from the group and portray it as a villain.
The pro-Biafran group…
Naira crisis: Take action against Malami, Emefiele, CSO tells Buhari
The President, Major General Muhammadu Buhari (retd.), has been informed by the Rule of Law Advocacy and Accountability Center, to take action against Abubakar Malami, the Attorney General of the Federation, and Godwin Emefiele, the…
BREAKING:Emefiele finally bows to pressure, says old naira notes legal tender
Godwin Emefiele, governor of the Central Bank of Nigeria, bowed to pressure on Monday and officially directed commercial banks to comply with the Supreme Court's ruling, which came exactly ten days after it mandated the use of old N,1000…
OPEC reports a 1.9% increase in Nigeria’s oil production to 1.258 mb/d.
In January 2023, Nigeria's oil production increased by 1.9% month-over-month to 1.258 million barrels per day (mb/d), up from 1.235 mb/d in December 2022. Condensate is not included in the data.
However, the Organization of Petroleum…
DSS invites Fani-Kayode over coup allegation
Femi Fani-Kayode, a spokesperson for the All Progressives Congress Presidential Campaign Council, has been invited by the Department of State Services to discuss allegations of a coup plot ahead of the February election.
In a statement…
Older notes: Court instructs FG, CBN not to extend the deadline of February 10
Yesterday, a High Court in Wuse Zone 2 of the Federal Capital Territory issued an order preventing President Muhammadu Buhari and the Central Bank of Nigeria, or CBN, from extending or interfering with the February 10 deadline for using the…
Notes in old Naira: Over CBN’s deadline, Nigerians will lose hard-earned money, according to…
Due to the Central Bank of Nigeria's refusal to extend the January 31 deadline for the phasing out of N200, N500, and N1000 notes, economic experts have predicted that Nigerians will lose their hard-earned money.
Remember that Godwin…
JUST IN: Why Nigeria Complain that there is no money but Dec 2022, FG, states, local councils share…
The Alliance Record Distribution Panel (FAAC) has shared N990.189 billion to the three levels of government for the long stretch of December 2022.
This is contained in a proclamation gave by Mr Phil Abiamuwe-Mowete, Chief (Data/Press),…
BREAKING:To stabilize the naira, the CBN adds $15.3 billion.
From January to October of 2022, the Central Bank of Nigeria injected $15.3 billion into the economy to maintain the naira's value.
The banking regulator's monthly and quarterly economic reports on the foreign exchange market provided…