Tinubu to withdraw Ruby Onwudiwe’s nomination to CBN board
President Bola Tinubu plans to withdraw the nomination of Ruby Onwudiwe as board member of the Central Bank of Nigeria (CBN). According to a report by Western Post, the…
Banks, telcos affected as undersea cable damage causes internet outage in Nigeria
Banks and mobile phone users in Nigeria have been affected by a damage to submarine cables, causing internet outages in parts of Africa. The submarine cable cuts, on Thursday,…
Naira appreciates to N1,570/$ at parallel market
The naira, on Wednesday, appreciated by 1.88 percent to N1,570 at the parallel section of the foreign exchange (FX) market. Nigeria’s currency appreciated from N1,600/$ traded on March 11.…
N’assembly inserted 7,447 projects worth N2trn in 2024 budget – Report
BudgIT, a civic-tech non-profit organisation, says the national assembly inserted 7,447 constituency projects worth N2.24 trillion in the 2024 project. The organisation said most of the projects inserted into…
Access Holdings returns Aig-Imoukhuede as board Chairman, 10 years after exit as bank CEO
Access Holdings Plc has announced the return of Aigboje Aig-Imoukhuede as its Non-Executive Chairman. In response to the untimely passing of the immediate past Group Chief Executive Officer…
Nigeria hires Citibank, JPMorgan, Goldman Sachs as advisers for first Eurobond in two years – Report
Nigeria has retained global investment banks, including Citibank, JPMorgan Chase & Co and Goldman Sachs to guide its forthcoming Eurobond issuance. This development, according to Bloomberg and informed by…
N100m suit: JAMB warns parents against enrolling minors for UTME
The Joint Admissions and Matriculation Board (JAMB) has cautioned parents against enrolling minors for the Unified Tertiary Matriculation Examination (UTME). JAMB Registrar, Prof. Ishaq Oloyede, gave the warning while…
Some kidnap cases in FCT staged-managed – Wike
The Minister of the Federal Capital Territory, Nyesom Wike, has said that most cases of kidnap in the FCT in recent times were stage-managed. He also declared that there…
Ogun begins payment of N10,000 cash award to primary, secondary pupils
It was excitement and praise galore as the Ogun State Government on Wednesday flagged off the payment of N10,000 cash award to 100,000 primary and secondary school learners in…
Nigeria’s oil production dropped by 7% to 1.32m bpd in February – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped to 1.32 million barrels per day (bpd) in February. The oil output figure represents…
