By our reporter/ The second Niger bridge will be completed in 2022, Uche Orji, managing director of NSIA, said on Thursday. Orji made the disclosure at the weekly ministerial briefing…
Read More Second Niger bridge will be ready in 2022 – NSIA
Category: Economy
Blackout across the country as national grid collapses again
Many parts of Nigeria were on Wednesday plunged into darkness following the collapse of the nation’s electricity gr. According to a statement by Oyebode Fadipe, general manager, corporate communications at…
Read More Blackout across the country as national grid collapses again
Arunma Oteh elected chairperson of Royal Africa Society
Arunma Oteh, former treasurer and vice-president of the World Bank, has been elected chairperson of Royal Africa Society. Oteh made the announcement on Tuesday via a post on LinkedIn. Royal…
Read More Arunma Oteh elected chairperson of Royal Africa Society
Naira in free fall, exchanges for 522/$1 as CBN stops forex sale to BDC’s
By our reporter/ A day after Central Bank of Nigeria stopped the weekly sale of dollars to the BDCs, the Nigerian Naira is on a free fall as it slumped…
Read More Naira in free fall, exchanges for 522/$1 as CBN stops forex sale to BDC’s
CBN bans sale of forex to BDC operators, says ‘they’ve turned into money laundering agents’
By our reporter/ The Central Bank of Nigeria (CBN) on Tuesday banned the sale of forex to Bureau De Change operators (BDCs). Godwin Emiefele, governor of the bank, who made…
Read More CBN bans sale of forex to BDC operators, says ‘they’ve turned into money laundering agents’