News

We inherited net external reserve at $859m — CBN

We inherited net external reserve at $859m — CBN

By EmekaAnaeto, Babajide Komolafe & Emma Ujah The Central Bank of Nigeria (CBN) has revealed that the nation’s Net External Reserve had plunged to a mere $859 million as of the second quarter of 2023, a clear negative position unprecedented in the history of the bank, and also less than a month imports bill. The […]
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8 die in Jigawa auto crash

8 die in Jigawa auto crash

No fewer than eight persons died in an accident involving two cars on Hadejia-Kano Road in Kaugama Local Government Area of Jigawa State.

EFCC denies FAAN’s N750m bribe report

EFCC denies FAAN’s N750m bribe report

The Economic and Financial Crimes Commission, EFCC, has denied clearing the Federal Airports Authority of Nigeria, FAAN’s Managing Director, Sale Dunoma, of alleged N3 billion fraud after collecting N750 million bribe.