Saturday, July 20, 2019
The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in 2017. The bank disclosed in its 2017 annual report released on Thursday that the figure was an increase of 45...
President Muhammadu Buhari returned to the country on Tuesday after a five-day visit to Makkah, Saudi Arabia, where he performed Umrah (Lesser Hajj). However, before departing Saudi Arabia, he warned Nigerians against getting involved drug trafficking. At a meeting with the...
Governor Rotimi Akeredolu of Ondo State on Tuesday raised an alarm that roads in the South West region are no longer safe, while schools in the region operate under palpable fear. Akeredolu, who doubles as Chairman of Western Nigeria Governors...
Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not addressed. The Association of Power Generation Companies, the umbrella body for the Gencos, said on...
Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria, on Monday, began his second term in office. According to a statement by the Director Corporate Communications, Mr Isaac Okoroafor,  Emefiele was sworn in by the Bank’s Secretary and Director, Corporate...
The Federation Accounts Allocation Committee (FAAC) said on Thursday a new revenue reporting template would soon be ready for the Nigerian National Petroleum Corporation (NNPC) and other members of the revenue sharing committee. The committee also agreed to share N715...
Nigeria has emerged as the country with the highest number of poor people in the world, overtaking India. According to a report by the Brookings Institution, data from the World Poverty Clock show that Nigeria now has over 87 million...
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims in some quarters that he had been asked to proceed on terminal leave. There had been speculations on that President Muhammadu Buhari had asked the...
The average improvement of Gross Domestic Products (GDP) of African countries have not been translated into sustainable economic opportunities, Mo Ibrahim Foundation says. News Agency of Nigeria (NAN) reports that the 2018 Ibrahim Index of African Governance (IIAG) was launched...
Human rights lawyer, Femi Falana SAN, has declared that Nigeria’s democracy cannot be said to be genuine until insecurity is resolved. He made the remark yesterday at a protest organised by the People’s Alternative Front, held at the Gani Fawehinmi...

RECENT POSTS