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CBN Introduces ‘Naira-4-Dollar Scheme’ for Diaspora Remittances

The Central Bank of Nigeria (CBN) has introduced what it calls “Naira-4-Dollar Scheme” for Diaspora remittances, which offers recipients of Diaspora remittances through CBN’s International...

Lagos Police Arrest 172 Clubbers for Violating COVID-19 Protocols, Shut Down Cubana Club 

The Commissioner of Police, Lagos State, Mr Hakeem Odumosu, on Monday said that the Police Command had shut down Cubana Nightclub, Victoria Island and...

Dangote Refinery Will Sell Refined Crude in Naira, Says Emefiele

The Central Bank of Nigeria (CBN), governor, Mr. Godwin Emefiele, has said that the Dangote Refinery would sell refined petroleum products in Naira when it...

Italian Ambassador, Two Others Killed in UN Convoy Attack in DR Congo

Italy’s ambassador to the Democratic Republic of the Congo, Luca Attanasio, has been killed in an attack on a United Nation’s convoy. Two other people...

Nigeria Unexpectedly Exits Recession

Nigeria’s economy unexpectedly came out of a recession in the fourth quarter as growth in agriculture and telecommunications offset a sharp drop in oil...

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