Naira Loses Further To Dollar

Naira Loses Further To Dollar

Naira lost further to the dollar on Monday as it exchanged at N461.67 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.04 per cent, compared to the N461.50 for which it exchanged to the dollar at...
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Shareholders Hold Investors Summit Thursday

Shareholders Hold Investors Summit Thursday

All is now set for the 2023 Investors’ Summit organized by members of the Proactive Shareholders Association of Nigeria (PROSAN). Under the chairmanship of former chairman, NAHCO AVIANCE, Alhaji Sulaiman Yahyah, the event is scheduled to hold on Thursday, Ma...
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CBN To Banks: Comply With Supreme Court’s Judgement On Naira Notes

CBN To Banks: Comply With Supreme Court’s Judgement On Naira Notes

The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson in a statement said, “In compliance with the established tradition of obedience to court orders...
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NDLEA Arrests 35, Intercepts Heroin

NDLEA Arrests 35, Intercepts Heroin

The National Drug Law Enforcement Agency (NDLEA) has arrested 35 persons over alleged trafficking in various illicit drugs and substances. The Director, Media and Advocacy, NDLEA, Mr Femi Babafemi, in a statement on Sunday explained that operatives, acting on ...
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Aramco Declares $161b Profit For 2022

Aramco Declares $161b Profit For 2022

Saudi oil giant Aramco has announced a record profit of $161.1bn (£134bn) for 2022, helped by soaring energy prices and bigger volumes. It represents a 46.5% rise for the state-owned company, compared with last year. It is the latest energy...
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Edo Refinery Orders 150,000 Barrels Of Crude

Edo Refinery Orders 150,000 Barrels Of Crude

The Edo Refinery has placed an order for the supply of 150,000 barrels of crude from Decklar Resources Inc and Millennium Oil and Gas Company.  The refinery was developed by the Edo Refinery and Petrochemical Company Limited (ERPC) wit...
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Farmers Task Tinubu On Mechanisation, Foreign Investments

Farmers Task Tinubu On Mechanisation, Foreign Investments

Stakeholders in the agricultural space have urged the President-elect, Sen. Bola Tinubu, to adopt policies and invest in mechanisation and inputs that will boost the nation’s food system.  They said this in separate interviews with the News Agency ...
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Obi, Soludo Campaign For Anambra House Of Assembly Candidates

Obi, Soludo Campaign For Anambra House Of Assembly Candidates

Mr Peter Obi, candidate of the Labour Party, and the Anambra state Governor, Prof Chukwuma Soludo, of the All Progressives Grand Alliance (APGA), have intensified campaigns for their respective candidates, ahead of the March 18 House of Assembly election in...
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Senegal Lift Under-20 AFCON Trophy With 2-0 Defeat Of Gambia

Senegal Lift Under-20 AFCON Trophy With 2-0 Defeat Of Gambia

The Young Teranga Lions of Senegal on Saturday at the Cairo International Stadium, Egypt, defeated their Gambia counterparts 2-0 to lift their first-ever Under-20 Africa Cup of Nations (AFCON) trophy. Goals from forward Sulaymane Faye and midfielder Mamadou Ca...
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ABC Transport Renews Commitment At 30

ABC Transport Renews Commitment At 30

Foremost transport firm, ABC Transport Plc, has renewed its commitment to provide safe and comfortable services for clients. City Business report that ABC Transport has been providing safe, comfortable and reliable transportation and logistics&n...
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Naira Ends Week On Negative Note

Naira Ends Week On Negative Note

The Naira on Friday lost to the dollar as it exchanged at N461.50 at the Investors’ and Exporters’ window. The rate represented a decrease of 0.11 per cent, compared to the N461 for which it exchanged to the dollar on...
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Seplat Energy CEO Steps Aside

Seplat Energy CEO Steps Aside

The Chief Executive Officer, Seplat Energy Plc, Mr Roger Brown, has stepped aside from running the company for a period of seven days. The company said in a corporate disclosure made available to Nigerian Exchange Ltd.,(NGX) and signed by its...
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Benin Residents Reject Old N500, N1,000 Notes

Benin Residents Reject Old N500, N1,000 Notes

Many Benin residents are still rejecting the old N500 and N1,000 notes for business transactions in spite of Gov. Godwin Obaseki’s appeal to accept them. The News Agency of Nigeria (NAN) reports that the governor had in a statement issued...
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FG Urges States To Prioritise Water Safety Plans

FG Urges States To Prioritise Water Safety Plans

The Federal Ministry of Water Resources has urged State Governments to prioritise water safety plans at all times, so as to reduce contamination from point of production to consumption. Mrs Abosede Orimoloye, Assistant Director, Water, Sanitation and Hygiene C...
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