Business

CBN drops N379/$1 exchange rate, adopts I&E window

The Central Bank of Nigeria has removed the official exchange rate of N379 to a dollar from its website since…

5 years ago

Five arrested for destroying, stealing new Warri-Itakpe rail track

Seven months after inauguration, vandals have destroyed the Warri-Itakpe rail track, cutting the rail sleepers and carting the materials away.…

5 years ago

Crypto market in sharp fall as Tesla suspends bitcoin

The suspension of bitcoin payment option by electric vehicle manufacturer, Tesla, has caused a drastic fall in the cryptocurrency market.…

5 years ago

NUPENG to shut down services in Kaduna from May 16

The Nigeria Union of Petroleum and Natural Gas Workers has asked its members to shut down services in Kaduna State…

5 years ago

Kwara targets 1,200 youths with N3m interest-free loans

Kwara State Government has unveiled plans to support young entrepreneurs in the state with interest-free loans. The programme, being coordinated…

5 years ago

Elon’s SpaceX Internet set to launch in Nigeria

US-based Space exploration company, SpaceX, says it is working with the Nigerian Communications Commission to secure the required licences to…

5 years ago

Remove petrol subsidy now, presidential economic council advises Buhari

The Federal Government may finally do away with fuel subsidy and allow the market forces to strictly determine the actual…

5 years ago

Report: Suspended NPA MD being probed over N165.3bn unremitted funds

Hadiza Bala-Usman insists NPA remitted all surplus funds The suspended Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, will…

5 years ago

Construction of $1.6bn Lekki seaport attains 50% completion

Construction work on the Lekki deep seaport expected to cost $1.6bn has reached about 50 per cent completion, Lekki Port…

5 years ago

Presidency probes suspended NPA MD, Hadiza Bala-Usman

The Presidency has announced the suspension of Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman. She is also to…

5 years ago