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61 Articles
Crime & conflict

Russia-Kazakhstan Trade Surges to $28 Billion in 2024, Boosted by Machinery and Tourism

Trade between Russia and Kazakhstan reached a record $28 billion, with Russian exports growing by nearly 5%, according to Kazinform, a partner of...

Politics

Senator Natasha Akpoti-Uduaghan Stands Firm on Sexual Harassment Allegations Against Senate President Akpabio

Suspended Kogi Central Senator Natasha Akpoti-Uduaghan has reaffirmed her resolve to pursue her sexual harassment allegations against Senate President Godswill Akpabio exclusively through...

Economy

Naira’s Downward Spiral Continues: Hits N1,554.85 at Official Market, N1,590 in Black Market

The Nigerian naira has slumped against the U.S. dollar for the fourth consecutive time across both official and parallel foreign exchange markets, raising...

Economy

Naira Strengthens in Parallel Market but Depreciates in Official FX Market

The Naira appreciated marginally in the parallel market yesterday, improving to ₦1,660 per dollar from ₦1,662 per dollar recorded over the weekend. However,...

Economy

Impact of Naira Depreciation on Nigeria’s Manufactured Goods Trade in Q3 2024

The steep depreciation of the naira since June 2023 has left a significant mark on Nigeria’s trade landscape, particularly in the manufacturing sector....

Economy

Naira Depreciates Further Against the Dollar Across FX Markets

The naira experienced renewed depreciation against the dollar on Wednesday at both the official and black market foreign exchange rates. Data from FMDQ...

Economy

CBN’s Push for Financial Inclusion: Expanding Access to 28 Million Unbanked Nigerians

The Central Bank of Nigeria (CBN) has revealed that approximately 28 million Nigerians, primarily in rural areas, lack access to banking services. This...

Economy

CBN Confirms No Deadline for Old Naira Notes, Dispels December 2024 Rumors

The Central Bank of Nigeria (CBN) has clarified that there is no cutoff date for using the old N200, N500, and N1,000 Naira...

Politics

Diaspora Remittances: Nigeria’s Leading Source of Foreign Exchange, Says NIDCOM CEO

Dr. Abike Dabiri-Erewa, the Chief Executive Officer of the Nigerians in Diaspora Commission (NIDCOM), highlighted that diaspora remittances are Nigeria’s largest source of...

World

Stakeholders Reportedly Attempting to Halt Oil Sector Probe by National Assembly

There are strong indications that significant stakeholders are working to prevent the National Assembly’s investigation into the oil sector. According to reports, organizations...