The value of the Naira has further depreciated against the US dollar following the judgment of…
Category: Business/Economy
Electricity finally restored in Abia after NLC leader’s intervention
The power outage in Abia State, which began last Monday following the dispute between the Nigeria…
SERAP urges Buhari to disclose next step after S’Court verdict on Naira redesign
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to reveal the steps his…
Naira swap: CBN, Malami hedge on Supreme Court judgment
The Federal government seems confused about the immediate steps to take in executing Friday’s judgment of…
Shell protests campaign against crude output cut
The Chief Executive Officer of Shell Plc, Wael Sawan, has argued that cutting oil and gas…
NUPRC probes explosion near pipeline in Rivers
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has begun investigation into Friday’s explosion near…
CBN okays Jim Ovia as chair of Zenith Bank’s holding company
Zenith Bank has announced the establishment of a non-operating Financial Holding Company (HoldCo), a move that…
APC asks Emefiele, Malami to resign over Naira redesign saga
The All Progressives Congress (APC) in the North-West, on Friday, has urged the Governor of the…
UPDATED: Supreme Court extends validity of old Naira notes to Dec 2023
*Accuses Buhari of disregard for rule of law The Supreme Court, on Friday, extended the validity…
Naira reverses gain, falls in value to US dollar
The Naira has reversed its recent gains against the US dollar, falling sharply in value on…