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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 'FG Orders NIN, DOB, Photos on WAEC and NECO Certificates to Curb Fraud'- 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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![Today's Naira Rate [31-01-2025]: CBN Interventions Boost Naira as Exchange Rate Improves to N1,493/$](/data/attachments/212/212954-58e780ec025feefde8bfa331a3d70815.jpg?hash=PERHMQHP25)
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Nigeria
Nigerians Relieved as TCN Overcomes Gas Constraints, Restores National Power Grid After Blackout
In a bid to alleviate the widespread blackout that gripped Nigeria, the Transmission Company of Nigeria (TCN) has successfully restored the national power grid, a vital lifeline for the nation's energy infrastructure. The disruption, as announced by TCN, was attributed to limitations in gas...
The Nigerian Communications Commission (NCC) remains firm on its decision regarding the March 29 deadline for the second phase of SIM-NIN linkage, dismissing rumors of a deadline extension.
Contrary to reports suggesting an extension, the NCC asserts that the deadline is non-negotiable. An NCC...
The Nigerian Naira witnessed a remarkable appreciation, reaching N1,280 per dollar at the parallel segment of the foreign exchange market.
This surge, marking a 5.19 percent increase from the previous rate of N1,350/$ on March 27, has left currency traders in Lagos, commonly known as bureau de...
The Central Bank of Nigeria (CBN) has reported a substantial inflow of over $1.5 billion in recent days, signaling a positive outlook for the nation's monetary policy initiatives. The announcement, made by the Bank's Acting Director of the Corporate Communications Department, Hakama Ali...
Nigeria
Bank Mergers Loom as CBN Raises Minimum Capital Thresholds: What Businesses and Banks Need to Know
The Central Bank of Nigeria (CBN) has announced sweeping financial reforms, significantly raising minimum capital requirements for banks across various categories. In a circular issued by the Financial Policy and Regulation Department Director, Haruna Mustafa, all commercial, merchant, and...
Central Bank of Nigeria (CBN) has announced sweeping changes to minimum capital requirements for banks.
The circular, signed by Haruna Mustafa, Director of the Financial Policy and Regulation Department, mandates commercial banks with international authorization to maintain a staggering...
In a move aimed at strengthening the resilience of Nigeria's banking sector, the Central Bank of Nigeria (CBN) has announced significant increases in the capital base requirements for various categories of banks across the country.
According to a statement released by the CBN's Acting Director...
The Coalition of Northern Groups (CNG) has called on businesses to reassess their pricing strategies in light of the recent boost in the Naira's value against the dollar.
While acknowledging efforts to stabilize the currency, the CNG expressed disappointment over businesses' reluctance to...
Image Credit: Cointelegraph
Sam Bankman-Fried, the once-prominent figure in the cryptocurrency world and founder of FTX, has been sentenced to 25 years in prison for his involvement in fraud and money laundering that led to the collapse of his exchange.
The sentencing marks one of the longest...
Nigeria
X (Formerly Twitter) to Offer Premium Features Free for Verified Accounts, Elon Musk Announces
Elon Musk has declared that select verified X (formerly Twitter) accounts will now receive free access to X Premium features. Musk announced via a post on the platform that accounts with substantial followings will benefit from this initiative.
According to Musk's tweet, accounts with over...
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