The Federal Government has reaffirmed its commitment to the ongoing policy of conducting crude oil and refined product sales in Naira, declaring that the initiative remains...
The implementation of the Supreme Court’s landmark judgment granting full autonomy to Nigeria’s 774 local governments has hit a fresh roadblock, as some state governors have...
In a bid to steady the sliding naira and ease pressure on Nigeria’s foreign exchange market, the Central Bank of Nigeria (CBN) has injected $197.71 million...
The Naira appreciated to N1,560 per dollar in the parallel market on Thursday, improving from N1,570 per dollar recorded the previous day. However, in the Nigerian...
The Naira appreciated in the parallel market on Tuesday, trading at ₦1,575 per dollar, up from ₦1,585 per dollar on Monday. However, in the Nigerian Foreign...
The attendance of Nyesom Wike, Minister of the Federal Capital Territory (FCT), and Emmanuel Agim, a Supreme Court judge, at the University of Calabar’s (UNICAL) convocation...
The National Secretary of the Peoples Democratic Party (PDP), Senator Samuel Anyanwu, has claimed that the political opposition he faces within the party stems from his...
State governors across Nigeria are resisting federal efforts to mandate local governments to open accounts with the Central Bank of Nigeria (CBN) for direct allocation payments....
The Federal Government has not yet commenced direct allocation of funds to Local Government Areas (LGAs) due to ongoing procedural steps, says Hon. Odunayo Alegbere, Chairman...
The political tension in Rivers State has escalated as lawmakers served Governor Siminalayi Fubara and his deputy, Ngozi Odu, with allegations of gross misconduct. In a...