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Naira to appreciate, settle at N600/$1 in coming months, says JP Morgan
JP Morgan, an American multinational financial services firm, says the naira is expected to appreciate, and trade at about N600 to the dollar in the coming months. The financial institution made the projection in a…
Tinubu includes firefighting vehicle in motorcade
The president, Bola Tinubu, has approved the inclusion of the Service Rapid Intervention Vehicle in his motorcade. The Controller General of Federal Fire Service, Jaji Abdulganiyu disclosed this while receiving the…
I am more convinced that my support for Tinubu a good decision – Yakasai
Malam Tanko Yakasai, elder statesman and seasoned politician, says President Bola Tinubu has the pedigree and capacity to change the state of things in the country. At a briefing after meeting with the President,…
Man Utd negotiating exclusivity with Sheikh Jassim in $6 billion-plus sale talks
Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad al-Thani in talks to sell itself for more than $6 billion, people familiar with the matter told Reuters on…
Tinubu economic advisers propose Customs, NIMASA, FIRS merger
President Bola Ahmed Tinubu Policy Advisory Council has recommended the declaration of a state of emergency on revenue generation in the country. The…
Three More Oil Marketers Licensed To Import Petrol From July – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that three oil marketers will start importing petroleum products from July. Farouk Ahmed, Chief Executive Officer (CEO) of…
Naira hits 791/$, closes at 702/$ — 24 hours after float
The Nigerian naira traded as high as 790 to the dollar at the investors and exporters (I&E) window on Thursday — about 24 hours after the float of the local currency. However, the naira appreciated after hitting…
Ajimobi’s Commissioner, MKO Abiola’s Employee, Meet Newest Members Of Tinubu’s Team
Perhaps the only official task that the 9th Senate performed for President Bola Tinubu was approving his list of Special Advisers. Exactly a week after he took over the reigns of government from ex-President…
Tinubu Will Rejig APC, Re-Establish Good Governance – Bisi Akande
The pioneering interim National Chairman of the All Progressives Congress (APC), Chief Bisi Akande, has told Nigerians to expect good governance and rejigging of the ruling party from the new administration. He…
Tinubu’s advisors outline to-do list for $1 trillion economy
With a roadmap in place, the Policy Advisory Council of the new administration of President Bola Tinubu has put forward an ambitious proposal to propel Nigeria’s economy to $1 trillion within the next eight years.…
Nigerian Billionaires, Dangote, Abdulsamad Rabiu Lost $5.85billion After Naira Floating – Bloomberg
Nigerian billionaires, Aliko Dangote and Abdulsamad Rabiu, who have been listed among the 500 richest men, have both lost $5.85 billion. Data available on Bloomberg Billionaire Index, BBI, a daily ranking of the…
Civil Societies Petition Nigerian Judicial Council, Demand Probe Of Allegations Around Justice…
Civil societies under the umbrella of Citizen’s Gavel have petitioned the National Judicial Council to probe the confessions made by Senator Adamu Bulkachuwa regarding the alleged influence exerted on his wife, Retired…
Disregard Kingsley Kanu’s Evil Strategies, Ozekhome And I Remain Nnamdi Kanu’s Lawyers – Ejiofor
Ifeanyi Ejiofor, lawyer to the detained leader of the Indigenous People of Biafra, Nnamdi Kanu, has debunked reports of the sacking of himself and Dr Mike Ozekhome as Kanu’s counsels by Kingsley Kanu, saying such…
How Detained CBN Governor, Emefiele Implicated Suspended EFCC Chair, Bawa In Naira Redesign Scam
Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, has identified the suspended Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, as an accomplice in the Naira redesign…
Nigeria Returns To Top Crude Oil Producer In Africa After May Output – OPEC
Nigeria has reclaimed its position, as Africa’s largest oil producer, by overtaking Angola, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. Angola had overtaken Nigeria to emerge top…
House Of Reps Rejects Motion Stopping Migration Of Nigerian Youths, Doctors, Other Professionals
The Nigerian House of Representatives, on Thursday, rejected a motion seeking to address incessant migration of Nigerian youths, especially professionals who have distinguished themselves in various…
About 20 new countries pushing to join BRICS – Russia
Russia’s deputy foreign minister Sergey Ryabkov claims that about 20 countries are seeking to get BRICS membership. Speaking to Russian news agency TASS on Thursday, the top diplomat said, “The list of candidates…
Travel agents “may belong to organ harvesting syndicates,” NAPTIP DG Waziri-Azi warns
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has warned Nigerians to be careful while consulting with travel agents as some of them may belong to organ harvesting syndicates. The…
Kano roundabout was demolished because of anti-Islamic Christian cross on it: Government
Baffa Bichi, Secretary to the Kano State Government, has explained why Governor Abba Kabir-Yusuf’s administration demolished the government house roundabout monument. There has been outrage across the state,…
Ghana economy showing signs of stabilisation, less volatile exchange rate – IMF
An International Monetary Fund (IMF) staff team led by Stéphane Roudet visited Ghana during June 8-15 as part of its regular engagement with the Ghanaian authorities and other stakeholders. The discussions focused on…
Teen girl dances for 127 hours, enters Guinness World Record
You can be graceful, free, or powerful when you dance, but when you dance for 127 hours, as an Indian teenager did last week,…
EPL: City, Burnley kick start new campaign; Chelsea host Liverpool as Arsenal seek revenge
Champions Manchester City will be at home on Friday 11, August to kick off the 2023/24 Premier League in a match against newly promoted side Burnley, managed by their former captain Vincent Kompany. They are…
JUST IN: Tinubu meets ex-CBN gov, Sanusi, at State House
The 14th Emir of Kano, Sanusi Lamido Sanusi is meeting President Bola Tinubu at the State House, Abuja. Sanusi, a former Central Bank…
Nigeria’s inflation hits 22.41 per cent
For a consistent period of over two years, Nigeria’s demand-pull inflation has risen again to a record level in the past one month, according to new figure by the nation’s statistics bureau. The National Bureau of…