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News - Page 613

Foiled Coup: Ex-Defence Minister Jailed

Benin Republic has placed former defence minister and prominent opposition politician Candide Azannai in pre-trial detention as part of investigations into the failed coup attempt earlier this month. Azannai was accused of plotting against the state and incitement to rebellion following

December 20, 2025

Business·News

Importers, Clearing Agents Groan As Nigerian Govt Raises Cargo Clearance Exchange Rate To N1,356/$1

The Nigerian government has raised the exchange rate for cargo clearance from N952/$ to N1,356 per dollar.

February 3, 2024

Business·News

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

Nigeria's Minister of Art, Culture, and Creative Economy, Hannatu Musawa, announced the launch of the $617 million Investment in Digital and Creative Enterprises (IDICE) Fund, a collaborative effort with the African Development Bank (AfDB).

February 3, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Currency·News

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

The Central Bank of Nigeria (CBN) has denied planning to convert $30 billion deposits in domiciliary accounts in the country to naira. A report in one of the media outlets on Saturday quoted a source as saying that the government plans to

February 3, 2024

Nigeria’s power generation has risen to 5,313 Mega Watts (MW), first time in three years, says the Minister of Power, Bayo Adelabu.

News

Electricity Consumers Tackle Traducers Of Geometric Power In Aba

Southeast Zonal Chapter of the Electricity Consumers of Nigeria (ECAN) has criticised those it described as mortal enemies of the geopolitical zone for "working against the takeoff of the Geometric Power plant" in the Osisioma Industrial Estate in Aba Abia State.

February 3, 2024

Africa·News·Sports

AFCON 2023: 5 Observations From Super Eagles Win Against Angola

The Super Eagles reached the semifinals of the 2023 Africa Cup of Nations in Cote d'Ivoire with a 1-0 win over Angola at the Houphouët-Boigny stadium, Abidjan on Friday evening

February 3, 2024

News·Politics

INEC Suspends Re-run Elections In Akwa Ibom, Enugu, Kano Constituencies

INEC has announced the suspension of ongoing re-run elections in some constituencies in Akwa Ibom, Enugu and Kano States due to disruptions, irregularities and abduction of election officials.

February 3, 2024

Africa·News·Sports

Super Eagles Victory Against Angola: How Simon, Osimhen, 10 Others Rated In Quarterfinals Win

Nigeria's Super Eagles will face the winner of Saturday's quarterfinals match between Cape Verde and South Africa in one of Wednesday's semifinals of the 2023 Africa Cup of Nations in Cote d'Ivoire

February 3, 2024

Buhari Seeks Senate Approval To Pay N226bn, $556m, £98m Judgment Debt

News

Buhari Condoles With Shettima On Loss Of Stepmother

Former President Muhammadu Buhari has condoled with Vice-President Kashim Shettima, over the death of his stepmother, Hajja Hauwa Ajja Kormi. Shettima’s stepmother died on Thursday in Maiduguri, Borno State.Reacting to news of the death of Shettima’s stepmother Buhari said: “it is very

February 2, 2024

Business·News

NDIC, EFCC Seek Probe Of N3.6bn Fraud Linked To Ex-NDDC Director’s Bank Failures

The Economic and Financial Crimes Commission (EFCC) is joining forces with the Nigeria Deposit Insurance Corporation (NDIC) to investigate and prosecute individuals responsible for potential bank failures stemming from financial misconduct. The focus of this collaborative effort is the high-profile case involving

February 2, 2024

Maintaining Healthy Diet For Nigerians Surge From N703 To N786- NBS Reveals

Business·News

Cost Of Maintaining Healthy Diet In Nigeria Surges To N786 – NBS

The National Bureau of Statistics (NBS) disclosed yesterday that the average cost of maintaining a healthy diet for Nigerian adults has surged from N703 in October to N786 in December 2023. The announcement came during the unveiling of the “Cost of a

February 2, 2024

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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

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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News - Page 613

Foiled Coup: Ex-Defence Minister Jailed

Importers, Clearing Agents Groan As Nigerian Govt Raises Cargo Clearance Exchange Rate To N1,356/$1

Nigerian Govt, AfDB Unveils $617m IDICE Fund To Ignite Creative Economy Boom

CBN Denies Plans To Convert $30bn Domiciliary Deposits To Naira

Electricity Consumers Tackle Traducers Of Geometric Power In Aba

AFCON 2023: 5 Observations From Super Eagles Win Against Angola

INEC Suspends Re-run Elections In Akwa Ibom, Enugu, Kano Constituencies

Super Eagles Victory Against Angola: How Simon, Osimhen, 10 Others Rated In Quarterfinals Win

Buhari Condoles With Shettima On Loss Of Stepmother

NDIC, EFCC Seek Probe Of N3.6bn Fraud Linked To Ex-NDDC Director’s Bank Failures

Cost Of Maintaining Healthy Diet In Nigeria Surges To N786 – NBS

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Oworonshoki Demolitions: Residents Appeal to Gov. Sanwo-Olu as Homeowners Sacked

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Foiled Coup: Ex-Defence Minister Jailed

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SEC Orders Full Registration of Tradable Instruments by January 2026

Foiled Coup: Ex-Defence Minister Jailed

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