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Article 'FG Opens Recruitment for Federal Civil Service Positions – Deadline March 10, 2025'- Nigeria News
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Article 'FCSC Recruitment: Steps to Secure a Position in Nigeria’s Federal Civil Service'- Nigeria News
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Article 'Air Peace and Aero Contractors Compensate Passengers for Flight Disruptions in 2024'- Nigeria News
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Article 'Dangote Refinery Secures 12M Barrels of US Crude to Address Local Supply Gaps'- Nigeria News
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![Today's Naira Rate [31-01-2025]: CBN Interventions Boost Naira as Exchange Rate Improves to N1,493/$](/data/attachments/212/212954-58e780ec025feefde8bfa331a3d70815.jpg?hash=PERHMQHP25)
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
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The Nigerian Communications Commission (NCC) has extended the SIM-NIN linkage deadline to September 14, 2024, with 153 million SIMs already linked to National Identity Numbers. The extension provides additional time for Nigerians to comply, aiming to enhance digital identity management and...
AMCON plans to sell the Ibadan Electricity Distribution Company (IBEDC) to financially strong investors to enhance its efficiency and improve Nigeria's power sector. The sale follows AMCON's 2022 takeover due to insolvency. The move aims to attract investors capable of significant financial...
President Tinubu appoints Mr. Adeola Ajayi as the new DSS Director-General. Ajayi, a seasoned intelligence officer with 30+ years of service, has led security operations in key Nigerian states. He is trained in management, security leadership, and critical thinking, bringing extensive experience...
![Today's Naira Rate[26-08-2024]: Naira Drops to 1,596.60/$ as Dollar Supply Tightens in FX Market](/data/attachments/207/207648-e780f59853b1938ae71a997d15d65bdf.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[26-08-2024]: Naira Drops to 1,596.60/$ as Dollar Supply Tightens in FX Market
The naira closed at N1,596.60 per dollar as dollar liquidity decreased, marking a 1.66% drop from Friday's rate. Daily FX market turnover fell 14.80% to $102.93 million, while the parallel market rate was quoted at N1,610. Analysts suggest sustained high interest rates amid ongoing inflation...
Nigeria's GDP grew by 3.19% in Q2 2024, surpassing 2.51% in Q2 2023 and 2.98% in Q1 2024. The services sector led growth at 3.79%, contributing significantly to the economy. Agriculture and industry also showed improvements, indicating a positive trend for Nigeria's economic recovery.
Nigeria's...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that the Oando-NAOC divestment followed the Petroleum Industry Act. NUPRC addressed concerns regarding transparency, emphasizing that both the Oando acquisition and the Equinor-Chappal transaction complied with established...
The Dangote Petroleum Refinery in Ibeju-Lekki receives high praise from Nigeria's engineering community for its impressive scale and innovation. As the refinery prepares to launch petrol production, experts highlight its potential to bolster local supply, enhance economic sustainability, and...
Nigeria's Federal Government reported a staggering fiscal deficit of N13.50 trillion in 2023, with expenditures of N19.50 trillion outpacing revenues of N5.99 trillion. Debt servicing accounted for 43.9% of the budget, highlighting ongoing financial challenges and the urgent need for fiscal...
Ahmed Abubakar, Director General of the National Intelligence Agency (NIA), resigned citing "personal issues." However, sources indicate he was pressured to leave due to intelligence failures during recent protests. Concerns about the NIA's oversight have intensified, underscoring the need for...
![Today's Naira Rate[24-08-2024]: Naira Strengthens to N1570.14/$ Amid Dollar's Decline Against British Pound](/data/attachments/207/207580-655662235f6446531fbadf1468b4d487.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate[24-08-2024]: Naira Strengthens to N1570.14/$ Amid Dollar's Decline Against British Pound
The Naira strengthened against the US dollar, rising to N1570.14/$, while weakening against the British pound, which hit a two-year high. The Central Bank of Nigeria’s efforts contributed to the Naira’s stability, but businesses still anticipate further depreciation before potential recovery...
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