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Demand pressure pushes naira to N751 per dollar at parallel market

    Demand pressure pushes naira to N751 per dollar at parallel market

The Nigerian naira, on Thursday, weakened to N751 per dollar at the parallel section of the foreign exchange (FX) market amid increased demand. The figure represents N9 or 1.2 percent

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No new agent authorised to remit pension contributions, says PenCom

    No new agent authorised to remit pension contributions, says PenCom

The National Pension Commission (PenCom) says it has not authorised any agent to carry out the remittance of pension contributions. The commission issued the disclaimer on Thursday, saying it had

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Buhari disengages NDDC sole administrator, approves constitution of new board

    Buhari disengages NDDC sole administrator, approves constitution of new board

President Muhamadu Buhari has sacked Effiong Akwa, the sole administrator of the Niger Delta Development Commission (NDDC).  In a statement on Thursday by Patricia Deworitshe, director of press, ministry of

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Reps committee: CBN followed due process on planned sale of Polaris Bank

    Reps committee: CBN followed due process on planned sale of Polaris Bank

A house of representatives’ committee says the planned sale of Polaris Bank by the Central Bank of Nigeria (CBN) followed due process. Last week, the lawmakers directed the CBN to

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FG to repay N20trn ‘Ways and Means’ loan with treasury bills

    FG to repay N20trn ‘Ways and Means’ loan with treasury bills

The federal government says it will repay the N20 trillion debt owed to the Central Bank of Nigeria (CBN) with

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NCC directs MTN, Airtel to reverse tariff hike

    NCC directs MTN, Airtel to reverse tariff hike

The Nigerian Communications Commission (NCC) has asked all telecommunications services providers to reverse the upward tariff adjustments for some voice

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Senate invites minister of Niger Delta affairs over corruption allegations

    Senate invites minister of Niger Delta affairs over corruption allegations

The senate committee on ethics, privileges and public petitions have summoned Umana Okon Umana, minister of Niger Delta affairs, over

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MTN Group quits talks to buy South Africa’s Telkom

    MTN Group quits talks to buy South Africa’s Telkom

MTN Group, Africa’s largest telecommunications provider, has called off talks to acquire Telkom, a South African telco. The deal would

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Small firms to access special seed fund as Buhari signs startup bill into law

    Small firms to access special seed fund as Buhari signs startup bill into law

President Muhammadu Buhari, on Wednesday, signed the startup bill into law. Isa Pantami, minister of communications and digital economy, disclosed

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Agora Policy: Seven ways Nigeria’s next president can fix the economy

    Agora Policy: Seven ways Nigeria’s next president can fix the economy

Agora Policy, an Abuja-based think tank set up to find practical solutions to urgent national challenges, has recommended ways the

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