News

By:Cynthia Alo How Smart Technology Is Protecting Trust in Africa’s Largest Digital Economy Company Says Trust, Not Just Speed, Will Define The Next Phase Of Financial Services In Africa’s Largest Market LAGOS – As Nigeria completes one of the fastest transitions from cash to digital payments on the continent, a new battlefront has opened in […]

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By Umar Yusuf Yola—No fewer than 20 persons mainly Nigerians have been confirmed killed following a boat mishap within the Cameroun territorial waters. The ill fated boat accident which took off from Garwa was heading to Yola in Adamawa State, when the incident happened. It was gathered  that the boat with over 50 passengers was over […]

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By Innocent Anaba A property dispute involving Ojo Local Government Area, Lagos State, has taken a fresh turn following allegations that officials of the council demolished a property despite a subsisting judgment of a Lagos State High Court declaring the owner the lawful occupier and restraining further trespass. The property owner, Ibrahim Abubakar, alleged that […]

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By Steve Oko UMUAHIA — Lead counsel to the detained leader of the Indigenous People of Biafra, IPOB, Mazi Nnamdi Kanu, Mr Aloy Ejimakor, has threatened legal action over an alleged public call for the extrajudicial killing of his client. Ejimakor, in a statement yesterday, condemned what he described as a dangerous and unlawful remark […]

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By Elizabeth Adegbesan The Naira yesterday appreciated to N1,409 per dollar in the parallel market from N1,416 per dollar on Monday. Similarly, the naira appreciated to N1,374.5 per dollar in the Nigerian Foreign Exchange Market, NFEM .Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira fell to […]

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•Says banks no longer need forbearance •External reserves sustains upward trend, hit $52.5bn By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 26.5 per cent. CBN Governor, Mr. Olayemi Cardoso, announced the decision yesterday after the 306th Monetary Policy Committee (MPC) meeting in Abuja. He […]

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…Demand answers on security lapses lWe rejected PFIPC’s request for collaboration – Foreign MinistryBy Gift ChapiOdekima ABUJA — The House of Representatives Ad-hoc Committee investigating the alleged establishment of the Presidential Foreign Investment Promotion Council, PFIPC, without legal backing has summoned the National Security Adviser, NSA, and Minister of Foreign Affairs to explain how the […]

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By Joseph Erunke, Abuja The Minister of Information and National Orientation, Mohammed Idris, yesterday declared that the far-reaching economic reforms introduced by President Bola Tinubu were steadily repositioning Nigeria for long-term prosperity. He insisted that the difficult decisions taken by the administration were already yielding positive results in fiscal stability, investor confidence and national development. […]

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