The exchange rate between the naira and the US dollar at the blackmarket closed flat at N742/$1 on Tuesday, depreciated by 1.5 per cent in the previous trading session. The naira at the cryptocurrency peer-to-peer FXmarket depreciated by 0.81 per…
The Nigerian bourse continued its negative trend on Tuesday with market capitalisation losing N545 billion or 2.16 per cent to close at N24.709 trillion in contrast with N25.254 trillion posted on Monday. Similarly, the All Share Index shed 999.63 points…
The Nigeria Deposit Insurance Corporation (NDIC), says it will continue to work with the Central Bank of Nigeria (CBN) to conduct Risk Based Supervision (RBS) in its insured financial institutions. RBS is a comprehensive, formally structured system that assesses risks…
By Matthew Denis, Abuja The Minister of Finance Budget and National Planning, Dr Zainab Shamsuna Ahmed has invited stakeholders for the 2023 Budget Presentation and Breakdown slated for today (Wednesday). This is contained in a statement made available to journalists…
The insurance sector recorded an increased growth rate of 11.9 per cent with a total asset of about N2.3 trillion in the second quarter of 2022. This is according to the National Insurance Commission (NAICOM). A performance document released by…
The Minister of State Petroleum Resources, Chief Timipre Sylva has backed the decision of the Organization of Petroleum Exporting Countries (OPEC) to cut two million barrels of crude oil production, saying that it was a unanimous one. The decision taken…
By Blessing Wika, Abuja The National Human Rights Commission has called on the various political parties in Nigeria to ensure that human rights protection is a critical component of their campaign promises rather than indulging in hate speech to tarnish…
The Federal Government has told Indian authorities that the country would be held liable if anything untoward happens to Nigerian students in the country. The warning came after an attack on Nigerian and African students at a private university, GD…
By Bart Nnaji former Minister of Power, Professor Bart Nnaji, has explained why he resigned his post as the Professor of Industrial Engineering at the University of Pittsburgh in the United States and Director of e-Design of the United States…
By Ogaga Ariemu Independent Corrupt Practices and other related Offences Commission (ICPC) said it has shut down 62 illegal Degree awarding institutions and a fake NYSC Orientation Camp in the country. The ICPC Chairman, Professor Bolaji Owasanoye, disclosed this to…
