Wednesday, January 22, 2025

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LENT, RAMADAN SEASON; DSS APPEALS TO STAKEHOLDERS TO REFRAIN FROM ECONOMIC EXPLOITATION

The Department of State Services (DSS) has identify with the Christian and Muslim faithful at their Lent and coming Ramadan seasons respectively. Accordingly, the...

CBN REPORTS UPSURGE IN DOLLAR INFLOW AS REMITTANCES QUADRUPLE, FOREIGN INVESTORS’ RETURN

 The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in...

IMPROPERLY IMPORTED VEHICLES:  NCS APPROVES 90-DAY WINDOW FOR PAYMENT OF DUTY.

In a proactive move to enhance compliance and streamline import processes, the Nigeria Customs Service (NCS), under the directive of the Honourable Minister of...

INVESTORS OVERSUBSCRIBE CBN N1 TRILLION OMO BILLS.

 The Central Bank of Nigeria (CBN), says it's has  concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as...

YOUTH DEVELOPMENT MINISTER SETS TO COLLABORATES WITH NDIC TO DEEPEN AWARENESS ON NDIC ACTIVITIES 

The Minister of State for Youth Development, Ayodele Olawande, has praised the Nigeria Deposit Insurance Corporation (NDIC) for its significant achievements in safeguarding depositors...

CBN REVOKES OPERATIONAL LICENSES OF 4,173 BDCs

The Central Bank of Nigeria (CBN),in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act...

OPERATION DELTA SANITY:   NIGERIAN NAVY INTENSIFIES FIGHT AGAINST CRUDE OIL

In furtherance of the Nigerian Navy’s Anti Crude Oil Theft (COT)/Anti-Illegal Bunkering effort under the auspices of Operation DELTA SANITY, continuous successes have been...

NNPC LTD, OPEC COLLABORATES TO ATTRACT INVESTMENTS, GROW PRODUCTION 

The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to...

MPC MEETING  CBN RAISES MPR to 22.75% UP 400 BASIS POINTS.

In a bid to curb inflation and stabilise the economy, the Central Bank of Nigeria (CBN) has  increased the monetary policy rate (MPR) by...

EXCHANGE RATE  CBN  ALLOCATES $20,000 EACH TO BDC TO STABILISE NAIRA.

  In a bid to  rectify the persisting distortions in the retail segment of Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has...

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MINISTER OF PETROLEUM RESOURCES  COMMISERATES WITH NIGER STATE OVER TANKER EXPLOSION TRAGEDY

The Honourable Minister of Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has expressed profound sympathy with the Government and people of Niger State following the...

NPF WRITES AMNESTY INTERNATIONAL, DEMANDS APOLOGY, RETRACTION OF FALSE PUBLICATION ON END BAD GOVERNANCE PROTEST.

NPF WRITES AMNESTY INTERNATIONAL, DEMANDS APOLOGY, RETRACTION OF FALSE PUBLICATION ON END BAD GOVERNANCE PROTEST. The Nigeria Police Force has demanded an immediate retraction and...

ZAMFARA AIRSTRIKE: NAF BEGINS INVESTIGATIONS.

ZAMFARA AIRSTRIKE: NAF BEGINS INVESTIGATIONS. Following the  incidence of civilian casualties in the recent Nigerian Air Force airstrikes in Zamfara State, the Chief of the Air...

CRIME PREVENTION: IGP ORDERS COMMANDS, FORMATIONS FOR NEW YEAR STRATEGIC ACTION PLAN TOWARDS EFFICIENCY, CRIME REDUCTION.

In a proactive move to bolster public safety and enhance operational efficiency, the Inspector-General of Police, Kayode Adeolu Egbetokun, has issued a comprehensive directive...