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NAIRA: Basing devaluation on parallel market rate wrong — CBN

Says parallel used for corruption purposes Retains MPR at 11.5% Gives N1trn to corporate orgasnisations over COVID-19 N149 b to targeted households, SMEs Those using parallel market rate...

Pensioners decry disparity in pension payments

Pensioners, under the aegis of Association of Federal Contributory Scheme Pensioners, AFCSP, Oyo State Chapter, have kicked against the disparity in payment of 2.5...

Labour Party now mass movement, Obi declares

Receives Ozigbo, othersThe presidential candidate of the Labour Party (LP), Mr. Peter Obi, yesterday, declared that the LP is no longer a political party,...

Osinbajo to launch energy transition plan today

The Federal Government of Nigeria will today (Wednesday August 24th, 2022) launch its Energy Transition Plan, tailored to guide the country towards the twin...

Ex-minister urges Nigerians to imbibe positive attitudes

The former Minister of Power, Chinedu Nebo has condemned the negative attitudes of many Nigerian leaders that lead to corruption, insecurity and get rich...

Youths threaten protest over Wike’s sealing of businesses

Youths in Rivers State have threatened to protest and occupy the Government House, Port Harcourt, if Governor Nyesom Wike fails to unseal the hotel,...

Nigeria’s banks remain solid in uncertain times

These are contrasting times for the Nigerian banking sector. Domestic economic frailty, the ongoing impact of the Covid-19 pandemic, high global inflation and the...

Elon Musk pulls out of Twitter deal; gives reason

SpaceX founder and Tesla CEO, Elon Musk has pulled out of his $44 billion deal to buy Twitter, a microblogging platform. The billionaire investor accused...

Nigeria, India set up business council to expand trade, investment

Nigeria and India on Monday in Abuja established the Nigeria-India Business Council (NIBC) to expand trade and investment between both countries. The council is...

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