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CBN to inject more funds in Forex market this week.

March 12,2017
 

There are strong indications that the Central Bank of Nigeria (CBN) is unrelenting in its move to ensure liquidity in the interbank foreign exchange (Forex) market, as it will inject more funds into market this week.

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CBN pumps additional $100m into the forex market.

March 07,2017
 

The Central Bank of Nigeria on Tuesday injected another sum of $100m into the interbank foreign exchange market, its acting Director, Corporate Communications, Isaac Okorafor has said.

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Ag. President storms Lagos, to flag-off Lagos-Ibadan rail line project.

March 07,2017
 

Acting President Yemi Osinbajo is being awaited in Lagos to kick-off the construction of the Lagos-Ibadan rail line.

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Dollar to crash further as CBN orders 24hrs processing of PTA and 48hrs school fees.

March 05,2017
 

The Central Bank of Nigeria, CBN, on Sunday directed banks to ensure that all requests for foreign exchange by customers for certain purposes were met within an average of 24 and 48 hours.

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NCC: Telecommunications Sector Contributes 8.9% To National GDP In 2016.

March 04,2017
 

The Nigerian Communications Commission (NCC)  has disclosed that the telecommunication sector contributed 8.9 percent to the National Gross Domestic Product (GDP) of the country which is above the 8.6 percent contributed in 2015.

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MMM: About 3 million Nigerians lost N18 billion.

March 02,2017
 

The Nigerian Deposit Insurance Corporation, NDIC, has said that an ?estimated three million Nigerians lost N18 billion in the Mavrodi Mundial Movement, MMM, ponzi scheme. ...

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2017 BUDGET "PADDING FREE"— SAYS BUDGET DG

February 24,2017
 

A presidential directive to deduct outstanding electricity bill of the military and para-military from their 2017 budgets has been issued, the Director General, Budget Office of the Federation, Ben Akabueze, has said. ...

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FG, States, LGs Share N465bn as Allocation Increases

February 22,2017
 

The three tiers of government got a total of N465.149 billion as January 2017 allocation from the Federation Account Allocation Committee (FAAC), a N65.149 billion increase over what they shared in December 2016. ...

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Inflation: FG adopts measures to reduce food prices

February 08,2017
 

The Federal Government of Nigeria says it has adopted some measures to reduce the price of food items. ...

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Nigerian banks activated 11.2m accounts in 2016 as dormant accounts hit 31m.

January 26,2017
 

Commercial banks in Nigeria have posted a positive record in 2016 in the area of new customers coming on board as total accounts domiciling in the banks grew 13.17 per cent in the year. ...

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News Flash: B/Haram Insurgency

news flash::2016-06-25 Troops & CJTF cleared Zangebe, Maiwa, Algaiti and Mainari villages killing 6 Boko Haram terrorists, wounded several, & liberated over 5,000 persons


news flash::2016-06-23 Troops cleared Terrorists suspected hideouts in Kursori, Bashirari, Malatari, Goneri, Kajimari, Lawan Kolori and Yale villages within Konduga LGA


news flash::2016-06-22 69 family members of Boko Haram terrorists escaping from Sambisa intercepted


news flash::2016-06-22 Troops Clear Boko Haram Terrorists Hideouts at Matari & Kaidiri killing 2


news flash::2016-06-16 Troops Carry Out Clearing Operations in Kircha Dungus, Mulfuta, Baibawa, Jenere, Bembem, Maksamari, Bula Kafie and Bula Bodi. Killed 6 Terrorist rescued many women


news flash::2016-06-14 Troops Rescue 53 More Persons Kill 2 Terrorists and Arrest One in Madube


news flash::2016-06-13 Troops repelled an attack on their location by suspected Boko Haram terrorists at Pulka


news flash::2016-06-13 Boko Haram terrorists on 6 motorcycles attacked Kutuva village, killed 4 persons and abducted 4 women


news flash::2016-06-10 Boko Haram Dislodged from Camps at YAJIWA


news flash::2016-06-10 Boko Haram terrorists elements earlier dislodged at Chukungudu and Hausari villages


news flash::2016-06-10 Troops Clear Boko Haram Camps at Yajiwa


news flash::2016-06-09 Boko Haram terrorists camps destroyed in Bama


news flash::2016-06-04 Troops Clear Boko Haram Terrorists out of Chukungudu


news flash::2016-06-04 Troops Kill an "Ameer" Smoke Terrorist at Out of Chukungudu


news flash::2016-06-02 Troops Kill 3 Boko Haram Terrorists and Arrest one in an Ambush


news flash::2016-06-02 Troops Ambush Armed Bandits in Kubau


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