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News - Page 595

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond under the Presidential Power Sector Debt Reduction Programme, raising N590 billion to settle verified arrears owed to power generation companies and gas suppliers. The bond, guaranteed by the full faith and credit

December 21, 2025

Business·News

Sachet Alcohol Ban Threatens Billions In Investments, Manufacturers Fear 5.5m Job Loss

The ban on sachet and PET bottle alcohol by the Nigerian government has sparked a fierce backlash from the Distillers And Blenders Association Of Nigeria (DIBAN), warning of dire economic consequences if the ban persists. In an open letter addressed to President

February 19, 2024

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Markets·News

Naira Weakens As Dollar Sales Plunge In Nigerian Forex Market By $252m To $84.1m

Dollar sales in Nigeria’s Autonomous Foreign Exchange Market (NAFEM) took a nosedive, dropping by $252 million to $84.1 million on Friday, marking a 74 percent decline from the previous day’s transactions totaling $331.1 million. This plunge coincided with a depreciation of the

February 19, 2024

News·Sports

Rivers Monarch Honours Super Eagles Goalkeeper Nwabali With Chieftaincy Title

Super Eagles goalkeeper Stanley Nwabali has been honoured by the traditional ruler of Mgbede community in Egbema Kingdom, His Royal Majesty, Nzeobi Evaristus Amuda for his excellent performance at the recently concluded 2023 Africa Cup of Nations in Cote d'Ivoire, reports Prime

February 18, 2024

News·World News

Georgia Prosecutor Fani Willis Faces Race, Gender Dynamics In Legal Battle With Trump

As the legal battle between Georgia prosecutor Fani Willis and former President Trump intensifies, discussions about race and gender dynamics are surfacing. Willis, the district attorney for Fulton County, Georgia, faces accusations of misconduct, including an alleged romantic relationship with special prosecutor

February 18, 2024

News·World News

ICJ Holds Hearings On Legality Of Israeli Occupation Of Palestinian Territories

The International Court of Justice (ICJ) began hearings regarding the legality of Israel’s occupation of Palestinian territories, with a focus on the West Bank, Gaza, and East Jerusalem. Palestinian representatives argue that the occupation violates international law, citing territorial conquest, denial of

February 18, 2024

Africa·Business·News·World News

Economist Urges Long-Term Financing Instead Of Short-Term Loan For Africa’s Growth

Renowned economist Professor Jeffrey Sachs has highlighted the challenges facing Africa’s economic development, emphasizing the need for long-term financing solutions. Speaking at the Africa Union summit in Addis Ababa, Ethiopia, Sachs criticized the prevalent practice of short-term loans with high interest rates,

February 18, 2024

Business·News

Rising Exchange Rates, Cement Prices, Building Materials, Others Spark Real Estate Crisis: Developers, Homeowners, Investors Lament

In the face of skyrocketing exchange rates, Nigeria’s real estate sector is reeling from a series of challenges that threaten to derail projects, unsettle homeowners, and disillusion investors. With building material costs soaring to unprecedented heights, estate developers find themselves grappling with

February 18, 2024

News

Nigeria Police Vow To Stop Illegal Sales, Theft At Ports

The Nigeria Police Force has vowed to deploy effective anticrime strategies to stop all forms of illegal activities in the country's ports and around the economic hubs.

February 18, 2024

News

Top 10 UK Universities Without Application Fees In 2024

Embarking on a journey to pursue higher education in the UK is an exciting prospect, but concerns about application fees can ruin the excitement. In this article we provide you a comprehensive list of the top 10 schools in the United Kingdom

February 18, 2024

New Plane: Even Pope With Authority Over 2 Billion People Worldwide Use Commercial Flights, HURIWA Tells Nigerian Presidency

News

Food Crisis: APC Chieftain Tasks Tinubu On Setting Up Taskforce To Tackle Saboteurs In Grains Distribution

Mr Olatunbosun Oyintiloye, a Chieftain of the All Progressives Congress (APC) in Osun has urged President Bola Tinubu, to set up a special taskforce for the distribution of the approved 42,000 metric tonnes of grains from strategic reserves to Nigerians. Oyintiloye maintained

February 18, 2024

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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News - Page 595

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Sachet Alcohol Ban Threatens Billions In Investments, Manufacturers Fear 5.5m Job Loss

Naira Weakens As Dollar Sales Plunge In Nigerian Forex Market By $252m To $84.1m

Rivers Monarch Honours Super Eagles Goalkeeper Nwabali With Chieftaincy Title

Georgia Prosecutor Fani Willis Faces Race, Gender Dynamics In Legal Battle With Trump

ICJ Holds Hearings On Legality Of Israeli Occupation Of Palestinian Territories

Economist Urges Long-Term Financing Instead Of Short-Term Loan For Africa’s Growth

Rising Exchange Rates, Cement Prices, Building Materials, Others Spark Real Estate Crisis: Developers, Homeowners, Investors Lament

Nigeria Police Vow To Stop Illegal Sales, Theft At Ports

Top 10 UK Universities Without Application Fees In 2024

Food Crisis: APC Chieftain Tasks Tinubu On Setting Up Taskforce To Tackle Saboteurs In Grains Distribution

Featured Stories

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

Enugu’s BRT Blitz: Modern Roads, Shattered Lives

Forged Laws Allegation Deepens Nigeria’s Governance Crisis – Obi

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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