By Kayode Tokede The Central Bank of Nigeria (CBN) said the nation’s foreign reserves dropped to $33.58billion as at August 12, 2021. The foreign exchange buffer in August gained $99.9million to $33.58billion from $33.48billion it was early in the month.…
By Kayode Tokede Sterling Bank Plc, Nigeria’s leading commercial bank and Nexford University, a United States (US) based next generation online university, have announced a new partnership that will create a global emerging markets’ talent pipeline known as “Fund Your…
The National Drug Law Enforcement Agency (NDLEA), has arrested a woman bound for Italy with 100 wraps of heroin at the departure hall of the Murtala Mohammed International Airport, (MMIA) Ikeja, Lagos. The NDLEA Director, Media and Advocacy, Mr Femi…
A German Non-Governmental Organization, Konrad Adenauer Stiftung (KAS), in collaboration with the Nigeria Security and Civil Defence Corps, has trained personnel of security agencies on conflict resolution as part of reforms of the justice sector in Nigeria. The KAS Senior…
The Speaker of Plateau State House of Assembly, Abok Ayuba , has described the murder of 22 commuters in Jos on Saturday as unacceptable and condemnable. Abok, in a statement by his Chief Press Secretary, Bulus Atang , on Sunday…
Federal government have been urged to revisit its import-driven deregulation of the oil and gas sector This advice was given by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. The body’s President, Mr. Festus Osifo…
The appeal made by the United States of America to further increase output by OPEC and its allies may not materialize into a higher production over the short term. An investment bank in U.S, Goldman Sachs, revealed that the novel…
By Faizat Adeboye The Vice-Chancellor, University of Lagos; Professor Oluwatoyin Ogundipe, FAS has called for a decentralization of the activities of the Tertiary Education Trust Fund (TETFund) through the establishment of zonal and state offices. The Vice-Chancellor who was the…
The National Electricity Regulatory Commision has revealed that despite Nigeria’s growing population, electricity supply in the country has remained at 40 per cent since 2010. This revelation was made by the former Chairman of National Electricity Regulatory Commision (NERC), Dr.…
By Uthman Salami The Federal Government has said that it was working to develop suitable modalities for the repayment of outstanding bills it owed power Distribution Companies (Discos) of Nigeria. This disclosure was made by the Special Adviser to the…
