Our reporter The Central Bank of Nigeria (CBN) is looking into the foreign exchange (FX) re-validation exercise to ascertain complaints of manufacturers and importers over FX claims worth $2.4 billion,…
Read More CBN verifying disputed $2.4bn FX claims, says Cardoso
The World Bank has confirmed that the naira is among the worst-performing currencies in sub-Saharan Africa in 2024. In its regional economic outlook report ‘Africa’s Pulse,’ released recently, the World Bank said…
Read More Naira one of the worst performing currencies in Africa – World Bank
The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira grant to six winners…
Read More NASENI awards N70.5m grant to six female engineers under Delt-Her Initiative
Our reporter/ Nigeria ’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October 11, CBN Governor, Olayemi Cardoso said on Tuesday. Cardoso, who made the disclosure…
Read More Nigeria’s foreign reserves rose to $39bn in October – Cardoso
Our reporter/ The 2023 Labour Party presidential candidate, Peter Obi on Tuesday condemned the latest collapse of Nigeria’s national power grid, describing it as a “national shame”. Obi’s comment came…
Read More Grid collapse national shame – Peter Obi