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Rhoda Onuzulike

NNPCL Promises To Surpass 1.78MB/D Budget Target

The Nigerian National Petroleum Company Limited (NNPCL) has promised to surpass the 2024 budget benchmark of 1.78million barrels per day (Mbpd). Its Group Chief Executive Officer,...

CBN Directs All Banks to Increase Capital Base

The Central Bank of Nigeria (CBN) on Thursday announced an increase in the capital base for different categories of banks in the country. A statement by...

EFCC Takes Over Binance Probe, Charges Firm $35.4M

The Economy and Financial Crimes Commission has charged Binance Holdings Limited and two of its senior executives, Tigran Gambaryan, and Nadeem Anjarwalla – who...

Panel Query FIRS Boss Over Refusal to Appear Before It

The House of Representatives Public Accounts Committee has warned the Chairman, Federal Inland Revenue (FIRS), Zacch Adedeji against his alleged refusal to appear before...

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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,...