Nigeria records N6.5trn surplus as foreign trade surges to N31.8trn in Q1 2024
The volume of Nigeria’s trade with other countries increased to N31.8 trillion in the first three months of 2024, a…
CBN reaffirms financial stability of banks
The Central Bank of Nigeria (CBN) has refuted allegations that it is contemplating the revocation of operating licences for Fidelity,…
‘We Did Not Inflate Petrol Subsidy By N3.3tn’ – NNPCL
The Nigerian National Petroleum Company Limited has denied reports, that it inflated the subsidy on Premium Motor Spirit by N3.3tn…
UN Security Council Adopts Proposal for Ceasefire in Gaza, Release of Hostages
The United Nations Security Council on Monday adopted a United States-drafted resolution welcoming the Gaza ceasefire proposal. The draft which…
State Creation Good, Will Address Injustices Against Ndigbo, Says IBN
The Igbo-Biafra Nationalists, on Tuesday, commended the move to create an additional state in the South East region. The Spokesperson…
Smuggled Nigerian Petrol Floods W’African Markets, Sells N1,700/litre
The Federal Government, on Monday, raised the alarm over the renewed smuggling of Premium Motor Spirit, popularly called petrol, following…
No Plan to Revoke Wema, Polaris, Unity, Fidelity Licences — CBN
The Central Bank of Nigeria yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema…
Currency in circulation hits N3.97tn in May
The currency’s value in circulation has risen to N3.97tn at the end of May, representing an all-time high and a…
Sinner takes over No.1 spot from Djokovic
Janik Sinner’s anticipated rise to world No.1 was officialised on Monday when the ATP released its new rankings, making him…
2026 WCQ: Eagles, beware of these ‘Nigerian’ players
For many decades, the ties between Nigeria and its neighboring country, Benin Republic, has extended beyond cross-border trade and, in…