Turkish Airlines Pilot Dies Mid-flight
A Turkish Airlines pilot has died after collapsing mid-flight, forcing the Turkish national carrier to make an emergency landing in...
Tuesday, November 5, 2024
Breaking News
BREAKING: CBN Upbeat, Raises Interest Benchmark To 26.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised interest rate benchmark in an aggressive tightening spree...
JUST-IN: Naira Hits N1,000/$ Ahead Of CBN Sale To BDCs
Having opened at N1,130 to the dollar on Monday morning, the value of the naira gained strength midday as traders...
JUST IN: Again, CBN sells $10,000 to BDCs at N1,101/$
The Central Bank of Nigeria has repeatedly announced the sales of dollars to Bureau De Change operators. The apex bank disclosed...
BREAKING: NERC Approves N225/KwH Tariff Hike For Electricity Consumers
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase of 300 per cent electricity tariff for Band A consumers...
 JUST-IN: Nationwide Blackout Looms As National Grid Suffers Fresh Collapse
Nigeria has yet again suffered another nationwide blackout as the national electricity grid, centrally managed from Osogbo, Osun State, suffered...
BREAKING: CBN Pegs Minimum Capital Bases For Banks At N500bn, N200bn
Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the...
JUST-IN: Again, CBN Increases Interest Rate To 24.75%
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate by 200 basis points to 24.75 per cent...
JUST-IN: CBN Clears Valid FX Transactions, Eliminates $7bn Legacy Backlog
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, thereby fulfilling...
JUST-IN: Nigeria Opens Borders With Niger, Lifts Other Sanctions
President Bola Tinubu on Wednesday directed immediate opening of Nigeria’s land and air borders with the Republic of Benin as...
