Naira Drops to ₦1,399 Per Dollar at Official FX Market
The Nigerian foreign exchange (FX) market witnessed a historic drop in the value of the naira, reaching an unprecedented intraday rate of N1,399 per dollar at the official market on Thursday.
Data sourced from the Financial...
Nigeria, Morocco In Talks to Expedite ₦425bn Gas Pipeline Project
The Nigerian government has intensified discussions with the Kingdom of Morocco to fast-track the Final Investment Decision, FID, on the Nigeria-Morocco Gas Pipeline.
A statement signed by the Corporate Communications Officer, Nigerian National Petroleum Company Limited,...
Transportation Crimes: Minister Meets Police Service Commission
The Minister of Transport, Senator Sa'idu Ahmed Alkali, has held a meeting with the Chairman of the Police Service Commission (PSC), Solomon Arase, in a bid to bolster inter-agency cooperation and coordination of security and safety around transpiration...
You'll Lose your Investments in Crime - NDLEA, NCS Heads Tell Drug Barons
Chairman of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) and the Comptroller General of the Nigeria Customs Service, Bashir Adewale Adeniyi, have commended the synergy between...
Relocation of CBN Offices to Lagos Best for Nigeria - Sanusi
Former Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi has backed the planned relocation of some departments of the apex bank from Abuja to Lagos.
He said it was right thing to do,...
Price of Rice Rises 81% in One Year, Onions Rise 123% - NBS
The National Bureau of Statistics report has indicated that the price of 1 kilogram (Kg) of rice increased year-on-year, YoY, by 81 percent to N917.93 in December 2023 from N506.17 in the...