Diaspora Remittances Decline 6.28% to $282.61 Million in Q1 2024 Amid CBN’s Reforms
In the first quarter (Q1) of 2024, Nigeria recorded total direct foreign exchange (FX) remittances amounting to $282.61 million. This ...
Thursday, October 22, 2026
FG okays SPV for 90,000km fibre optic cable
The Federal Government on Tuesday approved a special purpose vehicle to support the delivery of an additional 90,000km of fibre ...
Govt must tackle economic crisis urgently, says NECA DG
The Director-General of the Nigeria Employers’ Consultative Association, Mr Adewale Oyerinde, has stated that the country requires urgent actions to ...
Marketers ordered to open pumps for CNG vehicles
The Federal Government has concluded plans to ensure marketers open Compressed Natural Gas Pumps in filling stations across the country. ...
EFCC raids speculators as naira drops to 1,520/$
Operatives of the Economic Financial Crimes Commission, on Tuesday, expanded its clampdown on Bureau De Change operators, arresting traders in ...
OPEC agrees with NUPRC, puts Nigeria’s oil output at 1.28m bpd
THE Organisation of Petroleum Exporting Countries (OPEC) announced yesterday that Nigeria's oil output, excluding condensate, increased by 4% month on ...
Cardiovascular diseases kill 10,000 Europeans daily – WHO
Cardiovascular disease accounts for 40% of all fatalities in Europe, according to the World Health Organisation (WHO), which urges Europeans ...
AFEX emerges 5th fastest growing company in Africa
On Tuesday, the Financial Times ranked AFEX, Africa's major commodities market player, as the fifth fastest growing firm on its ...
Federal Executive Council Suspends Cyber Security Levy, Undergoes Review
The Federal Executive Council (FEC) has suspended the Cyber Security Levy imposed on Nigerians by the Office of the National ...
Naira Falls to 1520.4/$1 in Official Market, Depreciates by 11% in 7 Days
The exchange rate between the Naira and the dollar on the official NAFEM window dropped to N1,520.4/$1 on Tuesday, May ...
Copyright © 2025