CBN destroyed over N6trn notes under Buhari – Report
The Central Bank of Nigeria will have destroyed almost N6 trillion worth of damaged and outdated currency by the end of the…
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Why fuel subsidies should be removed – IEA
The International Energy Agency has cautioned against fuel subsidies, especially in developing nations like Nigeria where the use of energy resources is…
Nigeria ranks 13th on GII’s most innovative economies
Nigeria fell behind the likes of Rwanda, Mauritius and Madagascar on the list of most innovative economies in Sub-Saharan Africa, according to…
Oil theft: More illegal pipelines uncovered in Delta
Tantita Security Services Nigeria Limited, an oil pipeline surveillance team hired by the Federal Government to combat crude oil theft, is said…
Ekiti airport welcomes first aircraft
The new Cargo Airport in Ado-Ekiti, Ekiti State capital received its first aircraft, aNAF 930 plane, on Saturday amidst fanfare. Vanguard reported…
Reps stops CBNs sale of Polaris Bank
The House of Representatives has asked the Central Bank of Nigeria to halt the planned sale of Polaris Bank Plc. According to…
Why Ethiopia halted visa-on-arrival for Nigerians – FG
The Nigerian government said that Ethiopia stopped allowing Nigerians to enter under its “visa on arrival” policy because of security concerns, an…
Tony Elumelu Foundation to support female farmers
The Tony Elumelu Foundation has pledged to assist female farmers in Nigeria, particularly those in rural areas. Somachi Chris-Asokula, TEF’s Director of…
CBN raises interest rate to 15.5%
To tame rising inflation, the Central Bank of Nigeria’s policy-setting committee has raised the monetary policy rate to 15.5 per cent from…
UAE to supply Germany with gas, diesel
The United Arab Emirates agreed Sunday an “energy security” deal with Germany to supply liquefied natural gas and diesel as Berlin searches…
CBN retains 5% interest rate for power sector, others
Sequel to its development finance initiative, the Central Bank of Nigeria has agreed to leave interest rates at five per cent per…
Political interference, inconsistent policies frustrating refineries repairs – NNPC ex-manager
A retired Group General Manager, Research and Development, Nigerian National Petroleum Corporation, Dr Bola Afolabi, speaks about his family, education, career and…