Naira depreciates by N26 against dollar to trade at N1,596/$1 at official window
The Nigerian currency, the naira, started the week on a low by shedding N26 against the American dollar on Monday, August 26, 2024.
The domestic...
NGX: Equities market begins week on high as investors gain N36bn
The equities market began the week on Monday August 26, 2024 on positive note as investors gained N36bn at the end of trading session.
This...
Ex-Bayelsa LP gov candidate, Eradiri congratulates Diri, counsels against witch-hunting opponents
Udengs Eradiri, the former Labour Party governorship candidate in Bayelsa State, has extended his congratulations to Governor Douye Diri following the Supreme Court’s affirmation...
INEC refutes claims of PVC sales to politicians ahead of Edo gubernatorial election
The Independent National Electoral Commission (INEC) has dismissed allegations that its officials are involved in selling Permanent Voter Cards (PVCs) in Edo State ahead...
CBN raises Standing Deposit Facility rate to control liquidity
The Central Bank of Nigeria has raised the Standing Deposit Facility (SDF) rates as part of its continuous attempts to control liquidity in the...
Oando-Agip $783m deal followed due process, complied with extant rules – NUPRC replies Atiku
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday approved the acquisition of Nigerian Agip Oil Company (NAOC) $783m acquisition by Oando Plc saying...
FCT residents criticize AEDC’s inefficiency, threaten to occupy company’s office
Residents of Jikwoyi Phase IV in the Federal Capital Territory voiced their anger and frustration on Monday over the Abuja Electricity Distribution Company’s failure...
President Tinubu appoints new directors-general for NIA, DSS
President Bola Tinubu has appointed new Directors-General for Nigeria’s National Intelligence Agency (NIA) and the Department of State Services (DSS), signaling a shift in...
Nigeria’s GDP rose by 3.19% in Q2 2024 – NBS
Nigeria’s Gross Domestic Product (GDP) rose by 3.19% year-on-year in the second quarter of this year.
The growth in the GDP, the parameter used to...
EDO: Appeal Court affirms Ighodalo as PDP Guber candidate
The Court of Appeal, Abuja, on Monday set aside the Federal High Court’s judgment which nullified the Peoples Democratic Party (PDP) governorship primary in...
