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Category: headline

Business Economy headline

Forex Backlog: CBN concludes payment of all verified claims by airlines

Iheanyi Ejiofor January 30, 2024 No Comments #CBNforex

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed to foreign airlines in the country, has concluded the payment of all verified…

Read More Forex Backlog: CBN concludes payment of all verified claims by airlines
headline News

UK suspends Osamor, British-Nigerian minister for calling Israel’s actions ‘Genocide’

Iheanyi Ejiofor January 30, 2024 No Comments #genocide

A British-Nigerian minister, MP Kate Osamor has been suspended after accusing Israel of genocide on the eve of Holocaust Memorial Day. The British-Nigerian-born MP for Edmonton sparked outrage after claiming…

Read More UK suspends Osamor, British-Nigerian minister for calling Israel’s actions ‘Genocide’
headline News

Pope says Africans are ‘special case’ when it comes to LGBT blessings

Iheanyi Ejiofor January 29, 2024 No Comments #Pope#same sex blessings

Pope Francis said in an interview published on Monday that Africans were a “special case” in the opposition of bishops and many other people in the continent to homosexuality. But…

Read More Pope says Africans are ‘special case’ when it comes to LGBT blessings
Business Economy headline

Nigeria’s current situation ‘unacceptable’, FG must cut cost of governance – Peter Obi

Iheanyi Ejiofor January 29, 2024 No Comments #cost of governance#Peter Obi

Peter Obi, the Labour Party (LP) presidential candidate in the 2023 general elections, has called for a drastic cut in the cost of governance, especially at the federal level, saying…

Read More Nigeria’s current situation ‘unacceptable’, FG must cut cost of governance – Peter Obi
Business Economy headline

CBN releases $500m to clear more verified FX liabilities backlog

Iheanyi Ejiofor January 29, 2024 No Comments #CBN#FX backlog

The Central Bank of Nigeria (CBN) on Monday said it has released US$500 million to various sectors to further address the backlog of verified foreign exchange transactions. The Acting Director…

Read More CBN releases $500m to clear more verified FX liabilities backlog

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