The Central Bank of Nigeria says that its most recent project, redesigning the naira, will help the country’s many security problems, which range from terrorism to kidnapping, get better. Shamsudeen Imam, Senior Manager, Currency Operations Department, CBN, stated at a programme on Tuesday at the Gombe International Market that circumstances where criminals demanded ransom would Read More…
Tuesday’s Investors’ and Exporters’ window naira-dollar rate was 461.50. The value rose 0.04 per cent from Monday’s 461.67. Tuesday’s open indicative rate was N460.25/$. Before settling at N461.50, the day’s highest exchange rate was N462. During the day’s trade, the naira fell to 440 per dollar. Tuesday’s Investors’ and Exporters’ window trades totalled N117.63 million.
The performance indexes fell by 0.48 per cent on Tuesday as the equity market reversed the previous day’s upward trend. From N28.155 trillion traded the day before to N28.021 trillion at closure, the market capitalization decreased by N134 billion, or 0.48 per cent. The All-Share Index (ASI) also decreased by 246.48 points, or 0.48 per Read More…
The Chief Executive of Nigeria’s petroleum regulator, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), announced in a statement that 139 companies have been shortlisted for the next phase of the nation’s commercialisation programme for gas flaring as part of efforts to minimise carbon emissions. The commercialisation of gas burned from Nigeria’s oil fields is planned, Read More…
Peace Anyiam-Osigwe, a pioneer in Nigeria’s entertainment sector and the creator of the esteemed AMAA Awards, has passed away. After being in a coma since Saturday, she reportedly passed away at St. Nicolas Hospital in Lagos. While her coworkers and close friends, some of whom visited her in the hospital, refused to believe the news Read More…
Yemi Alade, Nigerian Afro Pop artist, has been named as Spotify’s ‘EQUAL Africa Artiste’ for January. Spotify is an internet streaming service. In a statement released on Monday in Lagos, Phiona Okumu, Spotify’s Head of Music for Sub-Saharan Africa, said this. According to her, the Spotify EQUAL Africa programme aims to give female artists the Read More…
The Lagos State Caretaker Committee of the Labour Party (LP) has urged party members and supporters to take to the streets to rally support for the party’s candidates. It said that voters across the state are looking out for LP. The Chairman of the Caretaker Committee, Mrs. Oluwatoyin Shokunbi, issued the directive while providing an Read More…
