CBN Approves Merger Of Unity, Providus Banks
The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank. CBN’s acting...
Emirates Fixes Date For Flights Resumption
Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, the airline announced on Thursday. This is...
BREAKING: CBN Reduces Monetary Policy Rate To 12.5%
The Monetary Policy Committee (MPC) of Central Bank of Nigeria on Thursday reduced monetary policy rate (MPR), or the controlling lending rate to 12.5...
Depositors Of Defunct Heritage Bank Appeal To Tinubu, CBN For Bail Out
Depositors of defunct Heritage Bank whose money were trapped in the bank have appealed to President Bola Tinubu and the Central Bank Governor, Olayemi...
NNPCL Confirms 1.5bn Litres Of Petrol In Stock, Moves To Fight Hoarding
The Nigerian National Petroleum Company (NNPC) Limited has engaged security agencies and other industry stakeholders to dismantle cartels suspected to be hoarding petrol across...
Yahaya Bello Breaks Silence On Why He, Gov. El-Rufai Stormed Supreme Court Over Naira Notes
Governor Yahaya Bello of Kogi state has explained the reason why he and Governor Nasir el-Rufai stormed the Supreme Court hearing on the old...
Nigeria, Equatorial Guinea Sign Gas Pipeline Deal
Nigeria and the neighbouring Equatorial Guinea have sealed a deal on the Gulf of Guinea Pipeline Project, further affirming the partnership for mutual development,...
Rising Cost Of Essentials To Push More Nigerians Into Poverty — IMF
•Maintains forecast for Nigeria’s GDP at 4.1% in 2026, 4.3% in 2027 •Says improved macroeconomic stability supports Nigeria’s economy The International Monetary Fund, IMF, has warned...
Dollar To Naira Exchange Rate Today, August 19, 2026
The Nigerian naira remained relatively firm against the United States dollar on Wednesday, August 19, 2026, with the currency trading around the N1,350 per...
Free Internet In Airports, Varsities, Markets To Gulp N24.2bn
The Federal Executive Council yesterday approved two contracts worth N24.20bn for provision of broadband for free internet in 75 public places, including 20 airports,...
