CBN new directives to deposit money bank
“Further to the Monetary Policy Committee briefing of July 27, 2021, all Deposit Money banks are hereby reminded to set up teller points at designated …
Business
CBN stops sale of forex to BDCs
The Central Bank of Nigeria (CBN) on Monday announced immediate discontinuation of the sale of Foreign Exchange (forex) to Bureau de Change (BDC) operators in …
Buhari leaves Abuja to attend Financing Global Partnership for Education
President Muhammadu Buhari will today Monday July 26, 2021, travel to the United Kingdom to participate in the Global Education Summit on Financing Global …
I was surprised to hear only 2.5% Nigeria’s arable land being cultivated, says President Buhari
*Says security in North East, South South has improved President Muhammadu Buhari Tuesday in Daura, Katsina State, urged more Nigerians to embrace farming, …
NIGERIA: FAAC shares N733b among FG, States, LGs
The Federation Accounts Allocation Committee (FAAC) has shared a total of N733.095 billion as June 2021 Federation Account Revenue to the Federal, States and …
President Buhari approves N6.25b for ranching in Katsina
President Muhammadu Buhari has approved the sum of N6.25 billion for the establishment of ranching in Katsina state. The disclosure was contained in a …
Nigeria’s inflation rate declines to 17.75%
Nigeria’s consumer price index (CPI), a measurement of the rate of change in prices of goods and services, has declined to 17.75% in June from 17.93 …
Epe/Shagamu, Obele/Ilaro/Papalanto roads to be reconstructed, as FEC awards N309b road contracts across Nigeria
By BASHIR ADEFAKA The long dilapidated deep sea access road of Epe/Shagamu and the Obele/Ilaro-Papalanto roads, linking Lagos and Ogun states in South West …
High prices are everywhere; the pain is global, says Nigerian in the Diaspora
A Nigerian in the Diaspora America, Barr. Susan Henshaw, has reported that the high prices currently felt in the society are global and that the pain is …
France fines Google 500m Euros in news copyright row
France’s competition watchdog on Tuesday slapped Google with a 500-million-euro ($593-million) fine for failing to negotiate “in good faith” with media …