The Naira is set to appreciate further this week as the Central Bank of Nigeria (CBN) plans to inject more Foreign Exchange (Forex) into the market to meet the requests of genuine customers. CBN spokesman Isaac Okorafor, gave the assurance yesterday. The News Agency of Nigeria (NAN) reports that the apex bank had so far kept to its promise

Read more...

Creditors have lost their battle to take over mobile giant Etisalat. The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) staved off the planned takeover by a consortium of banks the company is owing over N200 billion. NCC Executive Vice Chairman Prof. Umar Garba Danbatta broke the news yesterday at a conference

Read more...

Ogun State is Nigeria’s leading producer of solid minerals according to the data released by the National Bureau of Statistic (NBS) at the weekend. The NBS report titled: “State Disaggregated Mining and Quarrying Data (2016)” the NBS lists limestone, laterite and granite as the nation’s leading types of solid minerals while there are sizable quantities of

Read more...

A major step to giving Nigerians a modernised railway was taken yesterday when Acting President Yemi Osinbajo inaugurated the construction of the Segment II of the Lagos-Ibadan Rail Project at the Nigerian Railway Corporation (NRC) Compound in Ebute Metta, Lagos. It will be extended to the Lagos Ports Complex in Apapa to facilitate

Read more...

The President of Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN), Mr. Thomas Etuh, has said the Presidential Fertiliser Initiative will save the Federal Government about $200 million in foreign exchange (forex). He spoke yesterday while monitoring the fertiliser project in Kaduna State. He said it was a Public Private

Read more...

A rescue mission was launched yesterday for troubled mobile giant Etisalat. The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) resolved to intervene in the over $1billion loan repayment issue between the telco and its local creditors. According to the NCC, the decision was taken yesterday afternoon after a meeting

Read more...

Lagos State Government has commenced leadership training for over 500 youths selected across the state. Speaking at the flagging-off of five-day training tagged IBILE Youth Academy (IYA) at Epe Recreation Centre, Commissioner for Youth and Social Development, Mrs Uzamat Akinbile-Yusuf, said the training was aimed at making the youth

Read more...

More Articles...

Sweet Music, Sweet Talk !


STUDIO LINES:
0902-094-1071 | 0902-093-1071
0814-844-4994

Listen Live