Most Recent Articles by

Rhoda Onuzulike

Nigeria’s Foreign Exchange Reserves Hit $34.7bn

Nigeria’s foreign exchange reserves have reached a high of $34.7bn, according to data obtained from the Central Bank of Nigeria’s website. This represents an increase...

Business Registration Now Possible In 24 Hours- CAC

The ambassador for the Corporate Affairs Commission, Michael Nwabufo, said business registration can now be completed within 24 hours through the new special registration...

EU Plans €150bn Investment to Boost Intra-African Trade

The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a special focus on...

Court Orders Seizure of Fed. Govt. Properties In UK

A Chinese investor has obtained the authority to enforce a $70 million investment treaty award against Nigeria, and as a result, two Nigerian properties situated...

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US And Saudi Arabia Sign Landmark Civilian Nuclear Agreement

The United States and Saudi Arabia have announced a landmark agreement to establish a civilian nuclear programme in the kingdom, a move expected to strengthen bilateral ties while drawing scrutiny over its potential impact on regional security. The agreement, unveiled on Wednesday, is expected to create billions of...

Nigeria’s External Reserves Hit $52.5bn As Import Cover Improves

Nigeria’s gross external reserves have climbed to $52.52 billion, enough to cover approximately 11 months of imports, according to the Central Bank of Nigeria (CBN). CBN Governor Olayemi Cardoso disclosed this on Tuesday after the 306th Monetary Policy Committee (MPC) meeting in Abuja. The announcement came as the committee...

DSS To Appeal Life Sentences For Oriire Abduction Convicts

The Department of State Services (DSS) has announced plans to challenge the life imprisonment sentences handed to three men convicted over their involvement in the abduction of school pupils and teachers in Oriire Local Government Area of Oyo State. The DSS said it is dissatisfied with the judgment,...