CBN Raises Benchmark MPR By 200 Basis Points To 24.75%
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new unprecedented 24.75% at the end…
Author: Joseph
CBN Uncovers $2.4bn Foreign Exchange Scam
In a startling revelation, the Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies are investigating foreign exchange forwards valued at…
CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at…
CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at…
FEC Approves Renewed Hope Infrastructure Fund For Critical Projects Nationwide
The Federal Executive Council has sanctioned the creation of the Renewed Hope Infrastructure Fund, aimed at enhancing social services nationwide. Zacch Adedeji, the Chairman of…
NCC Sues MTN For Copyright Infringement Against Maleke
The Nigerian Copyright Commission, NCC, has filed criminal charges against MTN Nigeria Communications Ltd. and four others over alleged copyright infringement. The charge with Number FHC/ABJ/CR/111/2024…
Nollywood Actor, Amaechi Muonagor, Dies Of Kidney Failure
Veteran Nollywood actor, Amaechi Muonagor, has died after a prolonged illness, at the age of 62. This was disclosed by a social commentator, Morris Monye,…
Nollywood Actor, Amaechi Muonagor, Dies Of Kidney Failure
Veteran Nollywood actor, Amaechi Muonagor, has died after a prolonged illness, at the age of 62. This was disclosed by a social commentator, Morris Monye,…
Binance Executive, Nadeem Anjarwalla Escapes From Custody In Nigeria
Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, has escaped from lawful custody, those familiar…
FG Begins Renovation Of Dodan Barracks
The Federal Government has started renovating the former seat of power, Dodan Barracks, with plans to complete works by May 29, 2024, Saturday correspondent has…