Economy

By John Ikani  President Muhammadu Buhari has unveiled the redesigned N1000, N500 and N200 naira notes as proposed by the Central Bank of Nigeria (CBN). The President unveiled the new currency notes on Wednesday morning before...

By John Ikani Akwa Ibom State Government on Tuesday took delivery of two new A320-200 aircraft in preparation for the commencement of regional flight operations. While receiving the ‘huge white birds’ at the Victor Attah International...

By Emmanuel Nduka President Muhammadu Buhari on Tuesday flagged off oil exploration activities at the 1bn barrels reserves in Kolmani river, northern Nigeria. The Kolmani Oil Prospecting Lease (OPL) 809 and 810 will be the first...

By John Ikani  The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has announced that President Muhammadu Buhari will launch the new naira notes on the 23rd of November 2022. Disclosing this at the...

By John Ikani The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 15.1 percent to 16.5 percent to tame rising inflation. Governor of...

By John Ikani The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Ltd (NNPCL), Mele Kyari has accused the Nigerian Government and security officials of conniving with oil thieves to steal Nigeria’s crude...