CBN Resumes FX Sales to BDCs, Quotes Dollar at N386 for end-users
The Central Bank of Nigeria has announced plans to resume the sale of foreign exchange to Bureau de Change operators from Monday, August 31. In a circular late Thursday signed…
Nigeria Shifts international flights Resumption to Sept 5
The Nigerian Government on Thursday shifted the resumption date of international flights in the country to September 5, 2020, from the earlier planned date of August 29, 2020. At Thursday’s…
Buhari Sacks Dokubo as Amnesty Programme coordinator
President Muhammadu Buhari has relieved Prof Charles Dokubo of his post as the Coordinator of the Amnesty Programme in the Niger Delta. Buhari also appointed Col. Milland Dikio (rtd.), as…
Adesina Re-elected AfDB President for Second Term
Akinwumi Adesina was on Thursday re-elected President of the African Development Bank for the second term of five years. This comes at the end of a long battle for Nigeria’s…
Buhari Stops estimated billing, Orders mass metering for electricity
President Muhammadu Buhari has ordered an end to the practice of estimated billing for electricity consumption in the country through which the power provider rips off consumers. He has also…
Editorial: Buhari’s nine policy priorities and matters arising
Amid the worsening poverty, widening inequality, widespread insecurity and jaw-dropping revelations of monumental corruption oozing out of the NDDC, it was obvious President Muhammadu Buhari wanted to reassure Nigerians with…
President Buhari Appoints CEOs for NAN, Eight Other Agencies
President Muhammadu Buhari has approved the appointment of Chief Executive Officers for nine of the agencies under the Federal Ministry of Information and Culture. According to the approval letter, which…
Nigeria Approves N10bn lifeline for transport operators
The Federal Government on Wednesday announced the approval of the N10billion lifeline for transport workers and operators in the country. Minister of State for Transportation, Gbemisola Saraki, who announced the…
Buhari wants Criminal Cases Disposed in 12 months
President Muhammadu Buhari on Wednesday proposed a 12-month period within which criminal cases should be completed in Nigeria. Speaking at the 60th Annual General Conference of the Nigerian Bar Association,…
CBN, Bankers’ Committee Agree to extend lifelines to aviation, media Industries
The Central Bank of Nigeria (CBN) and the Bankers’ Committee have agreed to extend lifelines to the Nigerian Aviation and media sectors, to help them overcome the impact of the…