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Nigeria’s Central Bank to Automate FX Trades from December

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.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

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EFCC Investigates Kwankwaso Over N2.5bn Pension Fraud

Former Kano Governor Kwankwaso is under EFCC investigation for allegedly mismanaging N2.5 billion in pension funds, highlighting deep-seated corruption issues in governance.

Rail Growth Reaches Two-Year High as Transport Sector Exits Recession

Nigeria's rail transport sector reaches a two-year high, signaling recovery from recession driven by investments and policy reforms

House Reps Probe NIPC Over Spending Discrepancies

Nigeria's House of Representatives is investigating the Nigeria Investment Promotion Commission (NIPC) over apparent inconsistencies between its budgeted spending and revenue figures. Lawmakers scrutinized the agency during a hearing focused on monitoring revenue generation by government agencies. The NIPC reportedly spent N3.15 billion in the first quarter of 2024, exceeding the N2.89 billion it collected in revenue during the same period.

Arsenal’s Mikel Arteta Wins Best Premier League Coach at Globe Soccer Awards

Mikel Arteta wins the Best Premier League Coach title in Sardinia, solidifying his reputation as a top-tier manager in European football.

Surge in Naira Loan Apps Reflects Nigeria’s Debt Boom

Nigeria experiences a 64% surge in Naira-based loan apps as citizens turn to digital solutions for quick and accessible credit, highlighting economic challenges and opportunities.

FCCPC Investigates Nationwide Surge in Food Prices Amid Economic Concerns

The FCCPC has initiated a nationwide investigation into the escalating food prices, engaging with market stakeholders to identify underlying causes.

Nigeria’s Anthem Reversion Sparks National Identity Crisis

Former aide Reno Omokri criticizes President Tinubu's decision to revert to the colonial-era national anthem, calling it a step back for Nigeria.

Bravura Holdings unveils Zimbabwe’s first world-class lithium upgrade facility at Victoria Falls Mining Indaba

At the Victoria Falls Mining Indaba, Bravura Holdings announces the completion of Zimbabwe's first world-class lithium upgrade facility, enhancing beneficiation capabilities.

Tinubu Has No Plans to Visit National Assembly on May 29 Celebrations, Says Presidency

President Tinubu will not visit the National Assembly on May 29, focusing on national engagements for Democracy Day, according to the presidency.

Labour Rejects FG’s N60,000 Wage, Demands N494,000

Labour unions in Nigeria reject the government's N60,000 minimum wage offer, holding firm on their N494,000 demand amidst crucial negotiations.

Nigeria Awaits Tinubu’s Promised One Million Digital Jobs Amid ICT Challenges

One year after President Tinubu promised one million digital jobs, Nigerians are eager for results amid ongoing ICT sector challenges.

Former Currency Director Denies Receiving Naira Redesign Minutes

Former CBN Director Ahmed Umar testifies he didn't receive minutes from the Naira redesign meeting, amidst the trial of suspended Governor Godwin Emefiele.

Latest articles

Nigeria’s Central Bank to Automate FX Trades from December

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.

Nigerian Student Breaks Record for Longest Catwalk

Ololade Ayelabola sets a new world record for the longest catwalk, covering 130.62km to elevate Nigeria's fashion industry on the global stage.

Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.

Dangote Refinery Set to Take 400,000 Barrels of Nigerian Crude Per Day

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.