Nigeria recorded a transaction value of $1.1 billion in trades on the Investors and Exporters Window (I&E) where forex is sold officially. This is according to data on the FMDQOTC. Trading values on the I&E window has increased in recent…
An African leading integrated payments and digital commerce company, Interswitch, is providing technology developers in Nigeria with the appropriate tools to create new digital products and solutions with ease. At the Interswitch Developers’ Summit which was held in Abuja, developers…
Some capital market operators have listed events that will shape the stock market and the economy in 2022. Speaking with journalists on Tuesday in Lagos, they said the market and the economy would be impacted by the Monetary Policy Committee,…
Four suspects have been arrested and 21 cars impounded over illegal car races and other similar offences in Abuja. The Police Command in the Federal Capital Territory (FCT), through the Police Public Relations Officer, DSP Josephine Adeh confirmed this development…
The Nigeria Security and Civil Defense Corp (NSCDC) has arrested three suspected bandits who fled Magami area, Zamfara, as a result of heavy security presence. The NSCDC Public Relations Officer, Mr Ikor Oche, confirmed the development on Monday at a…
The Chief of Air Staff (CAS), Air Marshal Oladayo Amao, has urged troops of “Operation GAMA AIKI’’ (OPGA) and personnel of 013 Quick Response Force (013 QRF), Minna, to sustain the tempo of operations against criminals. Director of Public Relations…
Deficits in infrastructures have remained a troubling case of concern in the discourse of strains challenging Nigeria’s economy. In November, President Muhammadu Buhari had in Glasgow at a COP 26 high-level side event on improving global infrastructure hosted by President…
Stannic IBTC Plc has refuted the story that it was sanctioned by the Central Bank of Nigeria (CBN) for its non-compliance with the regulatory Loan-to Deposit Ratio (LDR) of 65 per cent. In a rejoinder issued by the bank, it…
A fire outbreak which occurred on Monday around Mile 50 Layout, Abakaliki, destroyed property worth millions of naira. A residential building and more than seven shops were gutted in the incident. Confirming the fire outbreak, the Federal Fire Service, Ebonyi…
Jigawa State Police have arrested two suspects for allegedly stealing a cow in Garki Local Government Area of the state. The Police Public Relations Officer in the state, ASP Lawan Shiisu, made this known in Dutse on Monday. Shiisu said…
