The Federal Government has quietly approved ₦185 as the new petrol pump price per litre. A source told The Guardian that the approved pump price was communicated to major marketers in a memo early Thursday. Our correspondent gathered that fuel stations...
Sensitises market women in Ondo, says it ‘ll be extremely difficult
The Central Bank of Nigeria (CBN), yesterday, allayed fears that counterfeits of the redesigned new naira notes could be easily made. The apex bank, while urging Nigerians not to entertain...
ABUJA — Nigeria’s naira hit a record low at a central bank foreign exchange auction on Dec. 30, traders said, as the bank lets the local currency weaken to cope with rising dollar demand. The central bank sold foreign currency...
The introduction of the cashless policy by the Central Bank of Nigeria (CBN) may have thrown up two categories of gainers and losers in the shape of corporate institutions and individuals who have to transact daily businesses using the...
By Modupe Gbadeyanka Last year, Nigeria witnessed one of its worst floods after a similar occurrence a decade earlier. The flooding wreaked havoc on farmlands and destroyed the livelihoods of many smallholder farmers. Just when victims are feeling like all hope...
The National Directorate of Employment (NDE), through the Rural Employment Promotions (REP) Department has disbursed N4.2m loan to 42 farmers in Ogun State. Speaking at the Orientation and Verification ceremony, the Director General Mallam Abubakar Nuhu Fikpo, represented by the...
The new rules, which will apply to federal, local and state officials, are aimed at combating money laundering and corruption and are in line with government efforts to move Africa's most populous nation toward a cashless economy. ABUJA - Nigerian...
Twenty-Four days after the Lagos State House of Assembly passed the state’s 2023 budget, Governor Babajide Sanwo-Olu is yet to sign it into law. Sanwo-Olu had on October 27, 2022, presented a N1.692 trillion appropriation bill to the Assembly, which...
ATCO Homes, a top Nigerian real estate company, has expanded its value delivery, people development and economic contributory roles. The firm threw its weight behind the local entertainment industry by sponsoring the Allamano end-of-the-year comedy gig in Edo State...
The Senate ad hoc committee investigating alleged uneven disbursement of loans, grants and interventions in the six-geopolitical regions by NIRSAL Microfinance Bank has urged the Central Bank of Nigeria (CBN) to write off the trapped N180 billion loans granted...
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