The Central Bank of Nigeria on Friday sustained its intervention in the foreign exchange market by injecting the sum of $339.89m into the Retail Secondary Market Intervention Sales. The Acting Director, Corporate Communications, CBN, Mr. Isaac Okorafor, noted that the continued intervention was in line with the pledge made by the Governor, Godwin Emefiele, to…
The Association of Professional Bodies of Nigeria has urged the Ministry of Solid Minerals Development to make the Ajaokuta Steel Company in Kogi State to be in good working condition before it will give it out as concession to the private investors. The association also commended the House of Representatives over the steps taken so…
Since the introduction of the Treasury Single Account in September 2015, a total inflow of N8.9tn from Ministries, Departments and Agencies of government has been recorded by the Federal Government. The Accountant-General of the Federation, Alhaji Ahmed Idris, gave the figure in Abuja on Friday at a workshop for finance journalists held at the headquarters…
There was confusion on Thursday in some parts of Narayi, Chikun Local Government Area of Kaduna State after some irate youths set ablaze a church and a police outpost. The youths, it was learnt, set ablaze a branch of the Celestial Church of God as well as a police outpost in Narayi, while protesting the…
President Muhammadu Buhari is currently meeting the girls who were abducted from their school in Dapchi, Yobe State. They were released on Wednesday. The girls’ parents are also attending the meeting holding inside the Press Gallery of the Presidential Villa’s Council Chambers. Some top government officials and security chiefs joined Buhari at the meeting, which…
The Secretary General of the Yoruba Council of Elders, Dr. Kunle Olajide, has said the North is a big problem and a great obstacle to the development of Nigeria. Olajide said this in reaction to the statement credited to the Chairman of the Arewa Consultative Forum and a former Inspector General of Police, Alhaji Ibrahim…