News

The Nigerian National Petroleum Company Limited has said it spent a total of N1.65bn in 16 months as donations to various organisations and others not disclosed. This was contained in...

The Central Bank of Nigeria (CBN) has categorically stated that it has no intentions of converting domiciliary account holdings valued at $30 billion into Naira. Mrs. Hakama Sidi-Ali, CBN's Acting...

In a surprising turn of events, the exchange rate for cargo clearance experienced a substantial surge, reaching N1413.6/$ just 24 hours after the Central Bank of Nigeria (CBN) adjusted the...

The West African Examinations Council (WAEC) has successfully initiated its inaugural Computer-Based Test (CBT) format for WASSCE private candidates. The examination, which started on January 31 and will conclude on...

Chevron Corporation has said it returned $26bn to investors for the year 2023. This is despite the company’s declaration that its reported earnings declined compared to last year. “In 2023,...

The representative of the Chinese Ambassador to Nigeria and the Consul General of the People’s Republic of China, Yan Yuqing, has said the bilateral trade between Nigeria and China stood...

The Institute of Chartered Accountants of Nigeria has appointed Dr Musibau Olasunkanmi as its new Registrar/Chief Executive. The appointment was announced on Friday following the approval of the Governing Council...

The Central Bank of Nigeria's (CBN) recent guidelines on International Money Transfer Operators (IMTO) operations have cast doubt on the standing of leading fintechs like Flutterwave, Interswitch, and Paga. The...

President Bola Tinubu's formation of a committee to determine a fresh minimum wage for Nigerian civil servants comes at a precarious time, with the nation grappling with a staggering 28.92%...

In three months, from September 2023 to December 2023, the Central Bank of Nigeria (CBN) reports a substantial surge in currency in circulation (CIC), witnessing an impressive uptick of about...