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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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![Today's Naira Rate [12-04-2024]: Nigerians Encouraged By Naira at N1,125 : $1, But Complain About Continued Hardship](/data/attachments/202/202756-8457c57119a478bc5717b11aa4a694ef.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate [12-04-2024]: Nigerians Encouraged By Naira at N1,125 : $1, But Complain About Continued Hardship
Amidst a three-day holiday break, the Nigerian naira maintained stability, with the dollar trading at N1,125 on Friday, consistent with Thursday's rate of N1,120. However, due to reduced trading activity during the festive period, irregularities in market rates were observed. Transactions were...
Starlink, the internet service company backed by Elon Musk, has announced a significant reduction in the price of its hardware in Nigeria. The Starlink internet router, previously priced at N800,000, has now been slashed to N440,000, marking a 45% decrease.
This price adjustment comes amidst...
The Nigerian Naira has surged to an eight-month high of 1,120 per dollar on the black market, propelled by recent foreign exchange reforms implemented by the Central Bank of Nigeria (CBN). This marks a significant gain of 62.95 percent over the dollar compared to February 2024 levels.
Traders...
Nigeria
Distress at CBN: Employees Express Fear and Anxiety Over Job Security as CBN Sacks 50 More Staff
The Central Bank of Nigeria (CBN) continues its wave of dismissals as 50 more staff members are terminated from their positions under the leadership of CBN governor Mr. Olayemi Cardoso. The recent round of layoffs spans across 29 departments, bringing the total number of casualties to 117 in the...
Aliko Dangote, Nigeria's renowned industrialist, celebrated his birthday amid a flood of warm wishes from citizens across the nation. Praised as the epitome of patriotism, Dangote's entrepreneurial journey has reshaped Nigeria's investment landscape, particularly in challenging sectors like...
In a startling revelation, Allen Onyema, the Chairman of Air Peace, has sounded the alarm over what he describes as a clandestine scheme by foreign carriers operating the Nigeria-UK route to drive Air Peace out of international operations through aggressive price-slashing tactics.
Speaking...
The Nigerian Naira exhibited a remarkable appreciation against the United States Dollar on Monday, with significant gains observed in both the parallel market and the official foreign exchange (FX) window.
This currency shift has drawn attention from investors, economists, and policymakers...
Nigeria
Tony Elumelu Responds to Call for Corporate Investment in NPFL Clubs, Discusses Partnership with Sports Ministry
Billionaire banker and philanthropist, Tony Elumelu, has expressed interest in the possibility of acquiring a local club in the Nigeria Professional Football League (NPFL), deeming it "a nice idea."
Elumelu's remarks came in response to a social media user's suggestion advocating for top...
Nigeria
CBN Implements Ban on Foreign Currency Collaterals for Naira Loans: Economic Policy Shift Sparks Industry Response
The Central Bank of Nigeria (CBN) has enacted a ban on the utilization of foreign currency as collateral for naira-denominated loans. This directive, articulated in a circular dated April 8, 2024, and disseminated to all banks, aims to address prevailing economic challenges and reshape the...
Emirates Airlines is poised to resume its flights to Nigeria in June this year, as indicated by the federal government. This development comes nearly two years after the airline halted flights to Nigeria due to various issues, including challenges in repatriating funds.
Emirates suspended its...
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