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Alhaji Dangote whom Chief Bola Tinubu recently inaugurated into his ECONOMIC TEAM is reportedly set to start selling refined petrol ⛽ to Nigerians in dollars. Prio to the most celebrated Dangote Refinery, majority of Nigerians actually thought Dangote and his APC team were actually doing them a favour with the refinery, slowly, they’re beginning to understand better.
The Naira depreciation caused the currency to fall further to N1,520.123 to a dollar, data from trading platform Naira Rates revealed Wednesday. This is against the currency’s depreciation to N1,482.75 per dollar recorded in the official foreign exchange market on Tuesday, amounting to a N38 depreciation for the naira under 24 hours. Tuesday’s fall made
The Central Bank of Nigeria (CBN) issued a press statement on June 18, 2023, providing further guidance to Deposit Money Banks (DMBs) on the operational changes to the foreign exchange market announced on June 14, 2023. The statement followed an extraordinary Bankers’ Committee meeting held to discuss the implementation and implications of the policy changes
A member of the House of Representatives, Dr. Chinyere Igwe, has been arrested with a $498,100 cash. Igwe, who represents Port Harcourt Federal Constituency 2, in the lower chamber of the National Assembly, was arrested in the early hours of Friday by the Police Officers from Rivers State Command deployed to INEC Headquarters Aba Road.
The People’s democratic party, PDP flag bearer for the forthcoming gubernatorial elections in Osun state, Ademola Adeleke has appeared to have misfired during a campaign in osun state. The fierce dancing Senator, Ademola Adeleke who lost the governorship election 4 years ago to Governor Oyetola was captured while urging the crowd to calm down, boasted that,
Security personnel attached to the Mallam Aminu Kano International Airport, plopKano have intercepted bags filled up with different foreign currencies brought in on a foreign airline. The incident, which occurred on Thursday, June 17, 2021, according to some insider’s at the airport, followed the arrival of an Ethiopian Airlines flight at about 2pm. The source,