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Rhoda Onuzulike

NGX Records N3.48tn Transactions in 8 Months– Report

The Nigerian Exchange Limited has recorded total transactions of N3.48tn year-to-date as of August 31. This was revealed in the NGX domestic and foreign portfolio...

CBN Approves Forex Sales to BDCs at N1,590/$

The Central Bank of Nigeria has announced its decision to sell foreign exchanges worth $20,000 to eligible Bureau De Change operators across the country. This...

Tinubu Warns Against Africa’s Reliance On Raw Mineral Exports

President Bola Tinubu has cautioned against the dire consequences of Africa’s long-standing profile as a supplier of raw minerals to countries of other continents. Extracting...

NNPCL, Dangote Free to Set Own Fuel Prices – Presidency

The Federal Government of Nigeria has distanced itself from the petrol pump pricing face-off between the Nigeria National Petroleum Company Limited (NNPCL) and Dangote...

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FG Releases 25% of Budgeted N88bn for Pension Arrears

About 25% of the total amount budgeted for pension arrears this year has been released by the Federal Government. However, it has pledged to settle the N88bn earmarked for pension arrears in the 2024 budget. When hundreds of frustrated retirees from Nigeria’s Contributory Pension Scheme staged a protest at...

FG Suspends 13 FGC Enugu Students For Bullying

About 13 students of the Federal Government College in Enugu have been suspended by the Federal Government for alleged bullying in the school. The Director of Press and Public Relations in the Ministry of Education, Folashade Boriowo made this statement on Wednesday in Abuja. The suspension of these students...

Trump Appoints Elon Musk and Ramaswamy to Lead New Department In U.S. Government

President-elect Donald Trump has tapped tech mogul Elon Musk to lead the newly established Department of Government Efficiency (DOGE), alongside entrepreneur and "American patriot" Vivek Ramaswamy. The announcement was made by Trump on November 12, 2024, with Musk sharing the news on his X account the following...