Thursday, April 25, 2024
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Naira falls to N1,300/$ at parallel market

    Naira falls to N1,300/$ at parallel market

The naira, on Wednesday, depreciated to N1,300 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies a 3.17 percent drop from the

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After suspension threat, NEITI moves to enhance implementation of EITI standards

    After suspension threat, NEITI moves to enhance implementation of EITI standards

The Nigeria Extractive Industries Transparency Initiative (NEITI) says it has developed a corrective action plan to address issues identified in its validation report by the Extractive Industries Transparency Initiative (EITI).

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Multichoice hikes DStv, GOtv subscription rates amid rising operational costs

    Multichoice hikes DStv, GOtv subscription rates amid rising operational costs

Multichoice Nigeria has announced an increase in the cost of subscriptions for its DStv and GOtv packages. The new rates would take effect from May 1, Multichoice said in an

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NDFF to host conference on boosting Nigeria’s blue, green economies

    NDFF to host conference on boosting Nigeria’s blue, green economies

The Nigeria Development and Finance Forum (NDFF) says it will host a two-day conference on boosting the country’s blue and green economies. NDFF is a platform that provides briefings to

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FG revokes 924 dormant mining licences, defaulters to pay N10m fine

    FG revokes 924 dormant mining licences, defaulters to pay N10m fine

The federal government has revoked 924 dormant licences across four sectors in the mining industry. The areas affected include exploration,

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FG flags off consumer credit scheme, launches portal for easy access

    FG flags off consumer credit scheme, launches portal for easy access

President Bola Tinubu has approved the takeoff of the first phase of the consumer credit scheme. In a statement on

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FAKE NEWS ALERT: CBN denies instructing banks to restrict crypto accounts

    FAKE NEWS ALERT: CBN denies instructing banks to restrict crypto accounts

The Central Bank of Nigeria (CBN) has denied instructing banks to restrict cryptocurrency accounts. In a post on X on

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NCAA grounds all Dana Air operations

    NCAA grounds all Dana Air operations

The Nigerian Civil Aviation Authority (NCAA) has been directed by Festus Keyamo, the minister of aviation, to suspend the operations

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FG: We’ve recovered N57bn debt from 10 MDAs

    FG: We’ve recovered N57bn debt from 10 MDAs

The federal government says it has so far recovered N57 billion from the N5.2 trillion owed by ministries, departments and

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FAAN reopens runway for flight operations after Dana Air incident

    FAAN reopens runway for flight operations after Dana Air incident

The Federal Airports Authority of Nigeria (FAAN) says the runway 18L/36R has been reopened for flight operations. On Tuesday, a

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