The Naira on Monday depreciated to N1,170 per dollar in the parallel market from N1,166 per dollar last week Friday. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N837.77 per dollar from N927.19 per dollar…
By Blessing Emmanuel, Abuja The Nigerian Communi cations Commission (NCC) has pledged its readiness to support digital economic initiatives of investors, including Meta (formerly Facebook), that align with Nigeria’s vision for a robust digital economy. During a visit to the…
Following an interim injunction by the Federal High Court in Lagos to prevent the termination of Intels’ role as a managing agent in various pilotage districts and a presidential directive to extend the boat operation contract of Intels, the Nigerian…
The Federal Government has budgeted N40 billion to settle the electricity bill debts of ministries, departments, and agencies (MDAs) in 2024. The item listed as ‘Settlement of MDAs’ electricity debts,’ was in the sectoral allocation details released by the Chairman,…
…Air Force denies involvement …Army has explained itself, claimed responsibility — Kaduna Govt By Austine Emmanuel, Kaduna Mixed reactions have trailed an accidental bombing of Tudun Biri village in Igabi local Government Area, (LGA) Kaduna state by the Nigerian Army…
…Secures funding for waste conversion projects Governor of Lagos state, Mr Babajide Sanwo-Olu has signed a Memorandum of Understanding (MoU) with Sheikh Abdul Rahman Saif bin Saif Al Sharqi, chairman of Nigerian-Arabian Gulf Chamber of Commerce (NAGCC), at JAFZA One…
Founder of the Tony Elumelu Foundation and Chairman of the United Bank for Africa (UBA) Group, Mr Tony Elumelu rallied the support of global leaders at the COP28 holding in Dubai for immediate climate action to support the future of…
…As Minister argues that FG’s participation is yielding results By Dominic Sunday The Federal Government of Nigeria has clarified that the delegation sponsored by the Government to attend the Convention of Parties (COP) 28 in Dubai are on serious business…
Nigeria’s crude oil exports rose to N8.5trillion in the third quarter of 2023 according to a recent report by the National Bureau of Statistics (NBS). According to the report, the increase in export of crude oil contributed to an increase…
The Federal Medical Centre (FMC) in Abeokuta, Ogun State, has been granted approval by the federal government to recruit 200 medical and clinical staff. The move comes as part of efforts to replace health workers who have migrated to foreign…
