International Finance Corporation, Central Bank of Nigeria Partner to Boost Local Currency Financing
The International Finance Corporation (IFC) and the Central Bank of Nigeria (CBN) have made an agreement to give more local ...
Tag: government
Dollar, Euro and Pounds To Naira Exchange Rate For Today, October 28 2024
As of today, October 28 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN) ...
Israel Claims Victory in Strikes; Iran Prepares for Retaliatory Action
Israeli Prime Minister Benjamin Netanyahu declared on Sunday that Israel’s recent airstrikes had “hit hard” against Iran’s defenses and missile ...
Nigeria Loses $26 Billion Annually Due to Power Failures, Report Shows
A recent report by Standard Bank, published in the Africa Trade Barometer, highlights the severe economic impact of Nigeria's power ...
London Police Prepare for Major Rival Protests Amid Rising Tensions
Right-wing, anti-immigrant protesters and opposing anti-racism demonstrators have all scheduled large rallies in London on Saturday. This large scale activity ...
Israel Responds to Iran’s Attack with Targeted Strikes
After weeks of rising tensions following Iran's attack on Israel earlier this month, Israel has launched a retaliatory strike against ...
IMF Confirms: Nigeria Hasn’t Requested Funding
Despite the rumors swirling through business circles, the International Monetary Fund (IMF) has set the record straight: Nigeria hasn’t made ...
Russia’s Interest Rate Hike: The Price of Conflict
Russia’s central bank has cranked interest rates to a staggering 21%—its highest since 2003. The reason? The soaring costs of ...
FHC Dismisses Rivers State Government Request to Stay Proceeding on LG Funds
A Federal High Court in Abuja, presided over by Justice Joyce Abdulmalik, has dismissed a request from the Rivers State ...
Germany and India Seek Closer Defence Ties
German Chancellor Olaf Scholz expressed Germany’s intent to deepen defense relations with India, aiming to strengthen military ties and cooperation. ...
Nigeria Joins BRICS As Partner Country
Nigeria has officially joined the BRICS economic bloc as a partner country, along with 12 other nations, which strengthens its ...
UK to Adjust Target for Debt Reduction
Rachel Reeves, the British finance minister has announced that there will be changes to how the government assesses the public ...
US Justice Department Warns Musk’s PAC Over $1 Million Giveaway
US media reports indicate that the Department of Justice (DOJ) has warned Elon Musk's America PAC that its $1 million ...
House of Reps Proposes Derivation Funds Rise from 13% to 50% for Mineral States
The House of Representatives is gearing up to consider a bill that would catapult the derivation fund from a paltry ...
President Bola Tinubu Shakes Up Cabinet, Sacks Five Ministers
President Bola Tinubu has made significant changes to his cabinet, dismissing five ministers and reassigning ten others to new portfolios. ...
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