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AfDB

AfDB to invest US$ 10 million in Chapel Hill Denham Nigeria Infrastructure Debt...

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The Board of Directors of the African Development Bank Group has approved a Naira investment equivalent to US$ 10 million in Chapel Hill Denham...
President Buhari in plane

Nigerian president highlights achievements amid opposition criticism

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Nigerian President Muhammadu Buhari on Monday said his administration has recorded concrete achievements, contrary to the opposition's statement that the administration is running on...

What will the Hajj fare for the 2017 Hajj be?

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What will the Hajj fare for the 2017 Hajj be? Without any atom of doubt, this is the most resounding question going on in...

Nigeria’s Central Bank Steps in To Save The Naira From Further Fall

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Nigeria's central bank intervened on the interbank foreign exchange market on Tuesday to help support the naira after it hit an all-time low...

Weakened Naira: Buhari Worried Over Currency Float

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Nigeria's President Muhammadu Buhari on Monday told a gathering of business leaders that he did not see the benefit of the naira's currency peg...
Naira

Stop Rejecting the Naira as a Legal Tender

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Section 20 of the CBN Act of 2007 clearly states that the Naira “shall be legal tender in Nigeria at their face value for...

April 9 major Nigerian media outlets

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-- From the presidency to the National Assembly and back to the presidency, the 2016 Budget estimate is now domiciled in the respective federal...
MTN

MTN South Africa gives $1.5 billion to pay up Nigeria fine

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Africa's biggest mobile phone group has been in talks with Nigerian authorities to have the $3.9 billion penalty reduced and last month made a...
Naira

Nigeria is not ready to go through any currency devaluation

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Speaking at a town hall meeting in Lagos, Nigeria's economic hub, Osinbajo insisted that devaluation was not on the table, adding that is the...
Naira

Vultures waiting to cash in on Nigeria’s economic challenges

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Far from being alarmed at the threat that the global economic situation poses to the Nigerian economy, some group of unpatriotic are impatiently waiting...
Kemi Adeosun, Minister of Finance - Nigeria

Nigeria In Talks With World Bank For $11bn Emergency Loan

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However, Finance Minister Kemi Adeosun told Reuters it was not applying for "emergency loans". Nigeria is believed to be looking for around $3.5bn from the...
Naira

Buhari Skeptical About Benefits Of Naira Devaluation

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Buhari made the comment on Wednesday in Nairobi, Kenya while speaking at an interactive meeting with Nigerians living in the country. Buhari maintained that while...

Agitation for Biafra Nation must Cease

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Nigerians have put behind them the ugly memories of 1967 to 1970; Nigeria was the theatre of a cruet and bloody civil war that...

Walter Uzonwanne’s Atrocious 200,000,000 Naira Claim

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I have also met many people in the state, who were as surprised and disenchanted as myself, over the ignorance, greed and insensitivity exhibited...
Muhammadu Buhari

Buhari and his 21 wise men reshapes Nigeria

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The country is blessed in all ramifications: too much wealth and resources, too many wise men and intellectuals and too many critics ? those...
Nigeria flag

Suswam in hot water after blowing N579m of government shares

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However further findings have revealed that the previous government did not only market the shares under BIPC custody but also squandered such monies in...
cocoa

Government increases Cocoa Price

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Briefing the media at a press conference in Accra, the Deputy Minister for Finance Hon. Cassiel Ato Forson(MP) said, as compared to the previous...
Naira

CBN plunges Nigerian economy into recession

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Citing tough controls imposed by the CBN to prevent the collapse of the naira, JP Morgan said it would eject Nigeria?s bond listings at...

Naira Suffered Depreciation Following Holiday Break

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The naira on Monday depreciated in value against the dollar after the two-day holiday due to strong demand by importers as well as huge...

Nigerian Naira deeps against the American dollar

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The Naira dropped further to 242.5 against the United States dollar at the parallel market?on Wednesday as artificial scarcity of the greenback continue to...

Buhari expressed readiness to Make Naira at Par with Dollar

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Nigerians agonising over the crashing value of the naira relative to the dollar may soon have cause for cheer. That is, if the...

CBN Denies Plans To Convert Domiciliary Accounts To Naira

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The Central Bank of Nigeria (CBN), has dismissed recent reports which states that it plans to convert all domiciliary accounts of bank customers to...

Christian Amoah Lands Multi Million Naira Recording Deal

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Christian Amoah, 2nd runner up of the recently concluded MTN sponsored reality show MTN Project Fame West Africa 7.0 has landed a multi million...
Naira

Over 47,000 Gwoza Residents Displaced in Cameroon and Maiduguri

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, BOSG Donates N12 Million, Relief Materials for Up Keep of IDPs Over sixteen thousand (16,,000) persons from Gwoza local government areas of Borno state...
Naira

Nigeria: Our oyel money, dollar, naira, and follies of the heart

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The owner of the body does not say that he is in no pain, while we insist on commiserating with him for his sleeplessness...

APC slams government over Naira devaluation

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All Progressives Congress (APC) has critised devaluation of naira and described the development as not healthy for Nigeria?s economy.The National Publicity Secretary of...

Dimgba Igwe family rejects N3m compensation

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Family members of late Dimgba Igwe have rejected the sum of 3 million Naira offered to them by the publisher of Sun Newspapers Orji...

Use Naira as ECOWAS currency-NACCIMA

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The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) arm of the Organised Private Sector (OPS) has called for the adoption...

Kano’s hydro electric project to complete in 2015

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GENERAL MUHAMMADU BUHARI LAYING THE FOUNDATION The Tiga hydro electricity Power station, being constructed at the cost of N4, 228, 825, 600 by the...
Naira

Naira Depreciates Against Dollar

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The Naira on Monday depreciated against the dollar, dropping by 73 kobo at the official market.The Naira was traded at 155.73 against the...