News
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Nigeria’s Q1 forex remittance drops, net foreign assets soar
Nigeria experienced a 6.28 per cent decrease in its total direct foreign exchange remittances in the first quarter of 2024,…
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MPC will do whatever is necessary to bring inflation down – Cardoso
The governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that the members of the Monetary Policy Committee…
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Macroeconomic Headwinds Depress Market Sentiments
The Nigerian Exchange Limited (NGX) began the year strongly, showing a significant uptick in market performance during the first quarter.…
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CBN-ONSA Cybersecurity Levy: One Circular Too Many
The recent cybersecurity levy circular by the Central Bank of Nigeria (CBN) was one circular that was one too many.…
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Nigeria loses $1tn annually to non-disbursement of Cabotage fund – Stakeholders
Maritime stakeholders have said that the country is losing N$1tn annually to non-disbursement of the Cabotage Vessels Financing Fund. They…
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Dana Air sacks over 1,000 workers after NCAA suspension
About 1000 employees, including 583 permanent members of staff and expatriates, were laid off by Dana Air on Thursday, May…
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BREAKING: Tinubu has instructed the CBN to postpone the introduction of the cybersecurity levy.
“The President is sensitive to what Nigerians feel. And he will not want to proceed with implementing a policy that…
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Man Who Was The First To Receive A Genetically Modified Pig Kidney Transplant D!es Two Months After
The first recipient of a genetically modified pig kidney transplant has d!ed nearly two months after he underwent the four…
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We will deal squarely with land grabbers – Wike
by NAN The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the FCT Administration will deal squarely…
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Olawale Edun visits JET Motor Company (JET) Assembly Over Compressed Natural Gas (CNG) buses
Finance Minister and coordinating Minister of the Economy, Mr Olawale Edun, has visited the JET Motor Company (JET) Assembly Plant…
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