Rumours of naira devaluation, false, unwarranted, calculated to serve dubious, selfish ends – CBN
The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. The CBN made this known in a statement by the bank’s Director, Corporate…
COVID-19: Govts, Central banks ramp up support as fears tear markets
Governments and central banks readied more emergency measures to tackle the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial…
Malicious people always twist things to give negative narrative – FG responds to report of attack on Buhari
The Presidency has described as false and untrue social media reports on alleged attack on President Muhammadu Buhari in Argungu, Kebbi State, on Thursday. This was according to a statement…
Nigeria completes 1,094 housing units NHP, 3,000 under construction- Fashola
Minister of Works and Housing, Mr Babatunde Fashola Minister of Works and Housing, Mr Babatunde Fashola says that 1, 094 housing units have been completed under the National Housing Project,…
COVID-19: Ghana, Gabon confirm first cases
Gabon and Ghana confirmed their first cases of coronavirus on Thursday, becoming the ninth and tenth countries in sub-Saharan Africa to register positive cases. The region has so far been…
Reps to review law mandating SON to be at the ports
The House of Representatives Committee on Industry has said that the decision to exit the Standards Organisation of Nigeria (SON) from the nation’s ports would lead to the prevalence…
UEFA may suspend Champions’ League, Europa over Covid-19
Manchester City’s 2019/2020 UEFA Champions League last 16 second leg tie with Real Madrid next week has been postponed due to the coronavirus (Covid-19) outbreak. The latest developments around Europe…
Ighalo scores stunner as five-star Man United sink LASK of Austria
Manchester United took a big step towards the Europa League quarter-finals by thrashing Austrian side LASK Linz 5-0 on Thursday in their last 16 first leg tie. The match was…
Covid-19 shifts completion date of Delta central secretariat
Completion date for the completion of the new Central Secretariat in Asaba has been shifted by two months, from March to July, 2020, the state governor, Senator Ifeanyi Okowa. Okowa,…
We’ll not devalue naira now – CBN; confirms shortfall in dollar inflow
Market fundamentals do not support a devaluation of Nigeria’s naira currency at this time, the central bank said in a statement on Thursday. The currency in Africa’s top oil producing…