Day: April 24, 2023

HEDA, a civil society organization, has accused the AGF Abubakar Malami of misleading President Buhari about the OPL 245 scandal and falsely claiming that it was repelling investors from the country. HEDA, in a letter addressed to Buhari on Monday signed by its Chairman, Olanrewaju Suraju, said the alleged deceit by Malami has led to a series of financial losses...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 83 pips to 6.8835 against the dollar on Monday, according to the China Foreign Exchange Trade System.In...

In light of the current crisis in Sudan, Air Peace has come forward to offer its assistance to Nigerian nationals who are stranded in the country. The airline has made it clear that it is willing and able to evacuate these individuals free of charge. Speaking with aviation journalists on Sunday night in Lagos, the Chairman of Air Peace, Mr. Allen Onyema, lamented that Nigerian students and others stranded in the war-racked nation had...

Lagos leads other states of the federation with a total mobile subscription of 26.5 million, followed by Ogun which recorded 12.9 million subscriptions at the end of 2022. Kano came...

According to the banks’ annual financial reports, 2022 was not really a good banking experience for several customers across different bank platform. Access Bank Holdings Plc, Zenith Bank Plc, Wema...

Without substantial FX management reforms, the World Bank predicts that Nigeria's foreign reserves will not experience any growth and remain unchanged in 2023. In its recently released report titled ‘Macro Poverty Outlook for Nigeria : April 2023’, the Bretton Woods institution said fiscal and external pressures are expected to persist due to...