The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.
President Bola Tinubu honors Nobel Laureate Wole Soyinka by renaming a key road in Abuja, highlighting his contributions and the government’s commitment to cultural recognition.
A mishandled and invalid degree certificate from Lagos State University was recently found at a local suya spot, prompting an immediate response from the university to prevent future incidents.
NLC defends decision to shut down Nigeria's national grid during strike, disputing TCN's claims and calling for fair wages and better working conditions.
The NLC has condemned the government's deployment of soldiers to institutions amid a nationwide strike, calling it an act of intimidation against protesting workers.
A massive N44 billion fraud scandal has rocked First Bank of Nigeria, prompting police involvement and raising significant concerns over internal controls.
Nigerian rights group CERON warns the government of a looming labor strike that could worsen the nation's economic hardship. The group urges renewed negotiations between the government and labor unions to reach a compromise on a new minimum wage. With Nigerians already struggling, a strike would further erode purchasing power and potentially lead to social unrest.
IBEDC appoints Francis Agoha as new Acting Managing Director, replacing Kingsley Achife to drive improvements in electricity distribution and service reliability.
Nigeria's labor unions declare an indefinite strike from June 3, 2024, over unresolved wage and working condition issues, impacting public services nationwide.
The Central Bank of Nigeria is set to automate foreign exchange trades by December 2024. This move could enhance transparency, stabilize the naira, and boost investor confidence in Nigeria’s economy.
Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.
Dangote Refinery is set to process 400,000 barrels of Nigerian crude oil per day, marking a significant step toward reducing the country’s dependence on imported refined fuel and improving energy security.