CBN gov Emefiele visits Buhari at state house
The Central Bank of Nigeria Governor, Godwin Emefiele, on Thursday visited the President, Major General Muhammadu Buhari (retd.), at the State House, Abuja. The visit is considered the second…
Ukraine: Russia lost only 8.5% of Western firms, says report
A Swiss study has revealed that despite widespread outrage over Moscow's war in Ukraine, only a few Western companies have deserted Russia. Researchers at the University of St. Gallen and…
2023 elections’ll decide FX future – Analyst
Bisola Fatoye The head of investment research at Parthian Securities Limited, Oluwaseun Dosunmu, stated that the upcoming elections would ultimately define the future course of the foreign exchange market.…
Oil pollution: FEC okays N1.4bn for remediation project
The Federal Executive Council (FEC) approved spending N1.4 billion to purchase cars for the Ogoniland, Rivers State, oil pollution remediation project. This information was disclosed by Environment Minister Mohammed…
Buhari grants NNPC N1.9trn for road projects
Bisola Fatoye President Muhammadu Buhari has given the Nigerian National Petroleum Corporation Limited his approval to invest N1.9 trillion in the rebuilding of 44 federal roads under the tax…
CBN to sanction banks dispensing old notes
The Central Bank of Nigeria has stated that it would begin to sanction banks who are still dispensing the old naira notes. According to The PUNCH, this was disclosed by…
Buhari rescued Nigeria from recession twice – Zainab Ahmed
The Finance Minister, Zainab Ahmed, said that the regime of the President, Major General Muhammadu Buhari (retd), rescued Nigeria from two recessions and has placed the country on track…
We no longer rely on Russian energy – Germany
Germany's Finance Minister, Christian Lindner, says his country has stopped importing energy directly from Russia. He told BBC that Germany no longer relies on Russian imports for its supply of…
Lufthansa submits new bid for Italy’s ITA Airways
Bisola Fatoye On Wednesday, the world's largest airline, Lufthansa, made a new offer for the struggling ITA Airways of Italy, bringing the tumultuous acquisition process closer to its conclusion. According…
Emefiele back to CBN HQ after police saga
The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, is in his office and going about his business, the apex bank has said. This CBN said this in response…
PAPU, NIPOST urge African firms to embrace e-commerce
Bisola Fatoye The Nigerian Postal Service and the Pan Africa Postal Union have urged businesses in the Africa to embrace e-commerce for cross-border service delivery. The charge was made in…
Lagos airport customs revenue rises by 25%
Bisola Fatoye The Murtala Mohammed Airport Command of the Nigeria Customs Service generated N69.8 billion in income in 2022 as opposed to N55.67 billion in revenue in 2021. This was…
