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Chief Executive Officer, Economic Associates, Mr. Ayo Teriba, says he is optimistic that the Central Bank of Nigeria will be able to sustain its intervention on the foreign exchange market. Teriba told the News Agency of Nigeria on Sunday in Abuja that increase in oil production and high oil prices ...

Ramon Oladimeji The National Drug Law Enforcement Agency on Friday took one David Achebe before the Federal High Court in Lagos for allegedly trafficking in 935 grammes of cocaine. The agency claimed that Achebe swallowed the illicit substance and was arrested on December 21, 2016 at the Murtala Muhammed Airport, ...

Over 130 US foreign policy experts have denounced President Donald Trump’s revised travel ban, saying it undermines America’s national security and interests as much as the original order barring travelers from some Muslim-majority countries and refugees. “To Muslims — including those victimized by or fighting against ISIS (Islamic State) — ...

Mr Ayuba Wabba, President of the Nigeria Labour Congress (NLC) on Sunday in Abuja opposed the new directive on custom duty on old vehicles by the Nigeria Custom Service. Wabba, in a letter to the Comptroller General of Customs, Hameed Ali, stated that the directive was not realistic. He said ...

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 ...

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 ...

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 ...

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 ...

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, ...

China on March 11 warned the U.S. against launching a trade war, saying that both countries would suffer if U.S. President Donald Trump follows through on his threats.