Most Recent Articles by

Rhoda Onuzulike

FEC Approves N1 Trillion Road Construction Project

The Federal Executive Council (FEC) has approved a contract of about N1 trillion for the construction of the first phase of the coastal roads...

CBN Begins Sales of Dollars To BDCs Operators

The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the...

CBN Raises Interest Rate to 22.75%

The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. CBN...

NLC Protest: Niger Police Set to Forestall Hijack

Niger State Commissioner of Police, CP, Shawulu Ebenezer Danmamman has announced that adequate measures have been put in place ahead of the Nigeria Labour...

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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,...