The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceeds to their mother companies overseas at once.     The apex bank said international oil companies can repatriate 50% of their proceeds in the first instance and then the other half after 90 …

The Super Eagles have moved up 14 places in the latest FIFA men’s ranking on Thursday.   The Nigerian national team moved from the 42nd position to the 28th position in the world. The new ranking by the World Football governing body also showed that the Super Eagles have moved …

The Debt Management Office (DMO) has said that the Federal Government is seeking to raise N2.5 trillion in its second bond auction of the year.   In a circular issued on Wednesday, DMO stated that the offerings consisted of N1.25 trillion with a maturity date of February 2031 and another …

President Bola Tinubu is currently meeting with governors and some security chiefs at the Council Chamber, Presidential Villa, Abuja, over the current hardships in the country.     It was reliably gathered that President Tinubu summoned the meeting in view of the economic hardship in the country as well as …

Diri took his oath of office at about 1:58 pm on Wednesday at the Samson Siasia Sports Complex in Yenagoa, the state capital.     Dignitaries that graced the inauguration included Vice President Kashim Shettima, the Speaker of the House of Representatives, Tajudeen Abbas, Governors Muhammed Bago of Niger State, …

Nigerian Lady Finds $1000 Inside ₦4K Okrika Handbag She Bought, Shop Owner Collects The Money, Insists The Lady Who Bought The Bag Won’t Take It As She Only Paid For Bag Not The Content.  

Former Vice President Atiku Abubakar has urged the media to stop describing Daniel Bwala, as his former aide.   Recall that Bwala served as Atiku’s campaign spokesperson for the 2023 presidential election. But, Atiku has dissociated himself from Bwala, saying he’s no longer his associate. Atiku urged the public to …

The Nigerian federal government has assured the organized labour that it will resume the payment of N35,000 wage awards to public workers this week.   The commitment was affirmed by the Minister of State for Labour and Employment, Nkeiruka Onyejeocha, during a meeting with representatives of the Nigeria Labour Congress …

The Federal Government yesterday declared a staff of the Central Bank of Nigeria. CBN, Odoh Ocheme, and two other persons are wanted for allegedly forging the signature of former President Muhammadu Buhari to steal $6.2m cash from the apex bank.     In a letter addressed to the Assistant Inspector …

Access Corporation, the parent company of Access Bank, Nigeria’s biggest bank by assets, has appointed Bolaji Agbede, an executive director at the company, interim CEO two days after the death of Herbert Wigwe. The appointment was confirmed in a statement by Access Holdings on Tuesday morning.   “The appointment of Agbede …