• Banks shop for buyers as CBN floods market with Forex

    The new strategy of the Central Bank of Nigeria to meet all legal demand for foreign exchange has led Money Deposit Banks to contend with expending all the dollars in their possession. A check in Abuja showed that the banks had cleared all backlog of demands for foreign currencies for ...

  • Forex: Banks seek buyers as CBN continues to flood market

    The new strategy of the Central Bank of Nigeria to meet all legal demand for foreign exchange (Forex) has led Money Deposit Banks to contend with expending all the dollars in their possession. A check by the News Agency of Nigeria in Abuja showed that the banks had cleared all ...

  • Forex: Banks seek buyers as CBN continues to flood market

    The new strategy of the Central Bank of Nigeria (CBN) to meet all legal demand for foreign exchange (Forex) has led Money Deposit Banks to contend with expending all the dollars in their possession. A check by the News Agency of Nigeria (NAN) in Abuja showed that the banks had ...

  • Forex: CBN to inject more funds

    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. This is according to information gathered by the News Agency of Nigeria (NAN) on ...

  • Kwara govt, Industrial Court, to partner on speedy dispensation of cases

    Gov. Abdulfatah Ahmed of Kwara has pledged to assist the National Industrial Court of Nigeria in facilitating speedy dispensation of industrial-related cases and promote industrial harmony in the state. Ahmed made the pledge when he received the President, National Industrial Court of Nigeria, Justice Babatunde Adejumo at the Government House, ...

  • Concierge awareness growing in Nigeria –Bisola Lawal

    President of a luxury service providing outfit, Nattylaw Concierge, Bisola Lawal speaks to TOFARATI IGE about the intricacies of her business Considering that you studied English Language at the university, how did you find yourself in the service business? Naturally, I’m the kind of person that likes getting things done ...

  • NDLEA arrests Saudi-bound grandmother with 1.6kg cocaine

    LEKE BAIYEWU Nigeria Drug Law Enforcement Agency said on Saturday that it  arrested a 57-year-old grandmother, Omolara Morayo Odeyemi, with cocaine at the Murtala Mohammed International Airport, Lagos on her way to Jeddah, Saudi Arabia. NDLEA said the suspect, a textile merchant at the Balogun Market in Lagos, who claimed ...

  • I can perform at a strip club – Seyi Law

    The Big Brother Nigeria reality show has created a hue and cry among the public, with many expressing divergent opinions about the correctness of the game. A pastor, who is one of those displeased with the reality show, recently demanded that it should be stopped at once or he would ...

  • My children hate politics — Kofoworola Bucknor-Akerele

    Former Deputy Governor of Lagos State, Kofoworola Bucknor-Akerele speaks about her life, politics and other related matters What have you been up to lately? I’ve been actively involved with my party, the Peoples Democratic Party. This is in addition to running my own business which is property development. My family ...

  • Most senators have not paid the price for democracy – Sani

    The Chairman, Senate Committee on Local and Foreign Debts and Vice Chairman, Committee on Foreign Affairs, Senator Shehu Sani, represents Kaduna Central Senatorial District. He tells LEKE BAIYEWU about his transition from activism to politics Why did you cross from political activism into full-time politics? I’ve been a civil rights ...

  • Ex-NNPC GMD rebuffs EFCC over $9.7m donors’ list

    •Commission relocates Yakubu to Abuja from Kano •No law says he should submit list of givers, says counsel Detained former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu is refusing  to tell the Economic  and Financial Crimes Commission (EFCC)  those he claimed gave  him the $9.7million  ...

  • NDLEA arrests 57-year-old woman with cocaine

    The National Drug Law Enforcement Agency (NDLEA) yesterday arrested 57-year-old Mrs. Morayo Odeyemi with substances suspected to be cocaine. A statement in Lagos by the agency’s spokesman, Mitchell Ofoyeju, said the woman was apprehended at the Murtala Mohammed International Airport, Lagos. It said that the suspect was Saudi Arabia-bound and ...

  • Balogun @ 83: Indelible Imprints On The Sands Of Time

    rare insight on a rare industrialist, consummate banker, manager of men and materials, in short, the quintessential man of many parts as he turns 83 Across the business and social circles in Nigeria, his contributions stand tall and his name resonates with respect. Not only has he traversed virtually all ...

  • ‘Tech entrepreneurs can attract foreign investment to Nigeria’

    In this interview with Technology Times, Anatogu discusses formative steps that have shaped iDEA Hub and her resolve to ensure its founding vision is kept alive. iDEA Hub’s programmes support and nurture technology startups… Idea Incubation Programmes seeks to support and nurture technology startups and when we say technology startups, ...

  • Telecoms operators seek direct FX allocation from CBN

    The Association of Licensed Telecommunications Operators of Nigeria has called for direct Foreign Exchange allocation for the telecommunications sector. ALTON Chairman, Mr Gbenga Adebayo, in a statement on Saturday, said that the sector deserved to be supported with such allocation from the Central Bank of Nigeria. Adebayo said that operators ...

  • Xenophobic attacks: S’ African politicians claim Nigerians taking their women, says Dabiri-Erewa

    Adelani Adepegba, Abuja The Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa said South African politicians fuel xenophobic attacks by telling citizens that foreigners, including Nigerians, are taking their women and jobs. Speaking on a television programme, she admitted that there were foreigners who commit crime ...

  • Turkish president blasts Netherlands over botched rally

    …  Dutch are Nazi remnants – Erdogan Turkish President Recep Tayyip Erdogan has described the Dutch as “Nazi remnants and fascists,” as a diplomatic row grows over a cancelled rally. The Turkish foreign minister was due to speak in the Dutch city of Rotterdam on Saturday in support of a ...

  • Dutch national protests ‘injustice and bullying’ by Maltese justice system, police

    A Dutch national took to Republic Street once more to protest his alleged ‘injustice’ at the hands of the Maltese authorities.Chukwudi Samuel Onyeabor, who was born in Nigeria,told this newspaper how he was ‘bullied’by the Maltese judicial system and the police force and has been forced to spend nine years ...

  • UN relief chief urges global action as famine loom across four countries

    Source: UN Office for the Coordination of Humanitarian Affairs Country: Cameroon, Chad, Kenya, Niger, Nigeria, Somalia, South Sudan, YemenMore than 20 million people face starvation and famine in Yemen, South Sudan, Somalia and Kenya. Without collective and coordinated global efforts, people will simply starve to death. 10 March 2017 Checked against delivery Mr. President, ...

  • We’ve released over N1trn for capital projects, says Adeosun

    Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Friday said that over N1trn had been released by the government for the implementation of various capital projects across the country. She said this during a courtesy visit to her office by the United States Ambassador to Nigeria, Mr. ...

  • FG investigates entry denial, maltreatment of Nigerians at US airports

    Adelani Adepegba, Abuja The Federal Government said it was investigating the denial of entry to Nigerians at the United States ports of entry and their alleged maltreatment by American immigration and border protection officers. The Minister of Foreign Affairs, Geoffrey Onyeama, who tweeted this on Thursday night, however reiterated that ...