Abuja, Nigeria – Nigeria’s foreign exchange (FX) reserves declined by $1.31 billion in February 2025, despite a notable appreciation of the naira against major foreign currencies. Data from the Central Bank of Nigeria (CBN) shows that the reserves fell from $39.72 billion on January 31 to $38.42 billion by February 28, marking a 3.3 percent
Tinubu appoints Martins Imonitie as CEO of Nigerian Mining Corporation President Bola Tinubu has approved the appointment of Martins Imonitie as the chief executive officer (CEO) of the Nigerian Mining Corporation. Dele Alake, the minister of solid minerals development, announced while briefing State House correspondents at the end of the federal executive council (FEC) meeting
The Nigeria Civil Aviation Authority (NCAA) has announced the temporary closure of Ibadan Airport for six months to allow for maintenance and upgrade works. The agency’s spokesperson, Michael Achimugu, disclosed this on Friday via his X (formerly Twitter) handle. The decision comes just eight months after President Bola Tinubu approved the upgrade of the airport
The Supreme Court has ordered the Central Bank of Nigeria (CBN) and the Accountant General of the Federation to immediately cease further disbursement of financial allocations to the Rivers State Government. In a ruling delivered on Friday by Justice Emmanuel Akomaye Agim, the apex court stated that the order would remain in force until Governor
The 54th World Economic Forum took place in Davos, Switzerland from the 15th to the 19th of January, 2024. Themed, Rebuilding Trust, the annual event featured over 200 sessions that shape the trajectory of the world’s economic landscape. Amidst the diverse narratives throughout the 5-day event, one that resonated particularly strongly was the future of
As the world moves towards a sustainable and eco-friendly future, Nigeria is leaving behind its oil dependency to explore alternative energy sources. This shift promises an exciting chapter in Nigeria’s economic rejuvenation. In September, we embarked on a journey to explore new avenues for Nigeria’s economic renewal. Our first stop was the Ministry of Marine
When situated at the Earth’s midpoint, one can observe the rapidly evolving nature of the world. Through the combined efforts of both private and public sectors, human society is undergoing swift transformations, transitioning from a fossil fuel-dependent economy to an environmentally conscious one, replacing physical transactions with digital payments, and placing greater importance on ESG
Ahen an unknown printer took a galley of type and their scrambled imaketype specimen book has follorrvived not only fiver centuriewhen an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries but also the leap into electronic typesetting, remaining essentially unchanged.
Ahen an unknown printer took a galley of type and their scrambled imaketype specimen book has follorrvived not only fiver centuriewhen an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries but also the leap into electronic typesetting, remaining essentially unchanged.
Ahen an unknown printer took a galley of type and their scrambled imaketype specimen book has follorrvived not only fiver centuriewhen an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries but also the leap into electronic typesetting, remaining essentially unchanged.
