The Naira Monday appreciated to N1,500 per dollar in the parallel market, stronger than the N1,510 per dollar recorded last weekend. However, in the Nigerian Foreign Exchange Market (NFEM), the Naira depreciated slightly to N1,480.15 per dollar.Nigerian sports gear Data published by the Central Bank of Nigeria (CBN) showed that …

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has said that the construction of new roads in Abuja is an important part of Nigeria’s plan to host the next Commonwealth Games. Wike made this known on Tuesday during the flag-off of the Access Arterial Road S1 project, which …

The National Insurance Commission (NAICOM) has ruled out the reappointment of the sacked directors of African Alliance Insurance Company to the board of the firm or to any other board within the insurance industry. This was disclosed by the Commissioner for Insurance, Olusegun Omosehin, during a question-and-answer session at the …

The Lagos State chapter of the All Progressives Congress (APC) has taken a swipe at former President Goodluck Jonathan and the opposition Peoples Democratic Party (PDP), following claims by Professor Jerry Gana that Jonathan will contest the 2027 presidential election. In a statement on Tuesday by its spokesman, Seye Oladejo, …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned two men, Ibrahim Suleiman Umar and Tijani Adam Goni, before the Federal Capital Territory High Court, Abuja, for allegedly swindling job seekers of N4.8 million through a fake employment racket. According to ICPC spokesperson, Demola Bakare, in a …

Mr Bassey added that efforts by the complainant to recover his money were futile. A27-year-old Lotto agent, Daniel Ayomikun, was on Tuesday arraigned before an Ogudu Magistrates’ Court, Lagos, for allegedly stealing his business partner’s N2.7 million. Ayomikun, who resides on Aladelola Street, Ikosi-Ketu, is facing a charge of stealing. …

Dangote Petroleum Refinery has accused the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Trade Union Congress (TUC) of prioritising union dues and personal interests over workers’ welfare, following fresh calls by the unions for industrial action. In a strongly worded statement issued on Monday, the …

  Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings has launched the Manifold Endowment Plan, an innovative blend of insurance and investment designed for Nigerians who want to protect what matters, grow their wealth, and enjoy peace of mind. With life cover up to ₦1 billion, partial maturity payouts, …

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has opened a probe into Plateau lawmaker Adamu Aliyu after a businessman accused him of conspiring with a former local government secretary to defraud him of N75.8 million in a fake land deal. the Independent Corrupt Practices and Other Related …

Okoronkwo and his company are facing 36 counts, including forgery, obtaining money by false pretences, and operating banking services without a valid licence. The trial of Chinedu Roland Okoronkwo, an alleged Ponzi scheme operator, and his company, Reliance Microfinance Cooperative Society Limited, has been adjourned to October 14 and 17, …