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163 Articles
Crime & conflict

EU Launches Climate Month to Foster Sustainability Ahead of COP29

The European Union (EU) has kicked off a series of strategic events to celebrate its Climate Month in anticipation of COP29, which is...

World

Former Rivers APC Chairman Tony Okocha Criticizes Governor Sim Fubara Amid Political Rift

Tony Okocha, the former Chairman of the Rivers State chapter of the All Progressives Congress (APC), has criticized Governor Sim Fubara, warning that...

Economy

Naira Among Worst-Performing Currencies in Sub-Saharan Africa, World Bank Report Reveals

The Nigerian Naira has emerged as one of the worst-performing currencies in sub-Saharan Africa as of the end of August 2024, according to...

Economy

Naira Appreciates in Official Market But Crashes in Parallel Market

On Monday, October 14, 2024, the Nigerian currency, the naira, made a notable recovery in the official foreign exchange market, appreciating by approximately...

Economy

World Bank Endorses CBN Governor Yemi Cardoso’s Exchange Rate Policy

The World Bank has expressed support for the Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, and his recent exchange rate unification policy....

Politics

Federal Government Grants Dangote Refinery Exclusive Rights to Supply Jet Fuel in Nigeria

The Federal Government of Nigeria has announced that the Dangote Refinery has been granted exclusive authorization to supply jet fuel, or Jet A1,...

Economy

Federal Government and Dangote Refinery Strike Groundbreaking Naira Payment Deal for Crude Supply

In a major economic development, the Federal Government of Nigeria has entered into a landmark agreement with the Dangote Refinery to pay for...

Economy

CBN Sells $543.6 Million to Stabilize Foreign Exchange Market Amid Rising Demand

The Central Bank of Nigeria (CBN) has reported that it sold a total of $543.6 million to authorized dealer banks in the Nigerian...

Politics

LCCI Urges Federal Government to Implement Bold Economic Measures on Independence Day

As Nigeria celebrates its 64th Independence Day anniversary, the Lagos Chamber of Commerce and Industry (LCCI) has issued a call for the Federal...

Politics

Dangote Group to Transport Refined Petroleum Products by Sea

In a strategic move to enhance its distribution network and alleviate road congestion, Dangote Group has announced plans to transport refined petroleum products...