The unveiling of the new foreign exchange guidelines for the country by the Central Bank of Nigeria has prompted stock investors to pump huge amount of funds into the market. The Nigerian Stock Exchange reacted positively to the news of the unveiling of the new...

The flexible exchange rate policy by the Central Bank of Nigeria (CBN) that will allow the forces of demand and supply to determine the rate of naira will commence today. With the new regime, the naira is expected to trade between 250 and 300 a...

The Niger Delta Patriotic Front (NDPF) has accused the former leader of the Movement for the Emancipation of the Niger Delta, Mr Government Ekpemupolo (Tompolo) of supporting the Niger Delta Avengers to destroy oil installations in the region. Tompolo had in a recent statement, appealed...

The federal government said that the Boko Haram insurgency has created 49,000 orphans in Borno State. Acting President Yemi Osinbajo disclosed this at the State House Abuja when he received a delegation of the Japan International Cooperation Agency (JICA). “These are young children, some of them...

The Standards Organisation of Nigeria has carried out a raid in Ekiti State to detect those selling substandard iron rods to unsuspecting members of the public. The Head, SON Ekiti State, Mrs. Serah Idowu, who disclosed this to journalists, said it was part of the...

  The Nigerian Export Promotion Council says Nigerians have yet to explore the opportunities in the non-oil export business, especially in agriculture. It therefore called on chambers of commerce and industries across the South-West to educate their members on how to utilise the opportunities. The NEPC stated...