3. Why CBN Introduced FX Matching System – Cardoso
- Says Containing Inflation Remains CBN’s Core Focus
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has revealed the reason behind the Electronic Foreign Exchange Matching System (EFEMS). READ MORE
4. Nigeria’s Petroleum Management Enters New Era with Naira-for-Crude Deal-Energy Expert
Nigerian energy expert Kelvin Emmanuel has commended the federal government’s Naira-for-crude agreement with local refineries, calling it a crucial step toward improving petroleum management in the country. READ MORE
5. Withhold Allocations To States That Fail To Conduct Credible LG Polls- SERAP Urges Tinubu
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to withhold allocations to states that have failed to conduct credible local government elections. READ MORE
6. CBN Mandates Deposit Money Banks To Submit FX Compliance Reports
The Central Bank of Nigeria has issued a directive to Deposit Money Banks and all other participants in the foreign exchange market in the country to submit compliance reports regarding the FX Code by December 31, 2024. READ MORE
7. NDLEA Nabs Foreigner At Lagos Airport With Canadian Loud, Seizes Opioids Worth ₦9bn
Operatives of the National Drug Law Enforcement Agency (NDLEA) have nabbed a 41-year-old Canadian lady, Adrienne Munju, at the Murtala Muhammed International Airport, MMIA Ikeja Lagos for importing a large consignment of ‘Canadian Loud’, a strong strain of synthetic cannabis. READ MORE
8. Akwa Ibom LG Polls: PDP Wins 30 LGAs, Akpabio Wins His LGA For APC
Akwa Ibom State Independent Electoral Commission has officially announced the results of the just concluded Local Government Election. According to The AKISIEC Chairman, Aniedi Ikoiwak, The People’s Democratic Party PDP clinched the chairmanship of 30 out of the 31 local government areas of the state while The All Progressives Congress won in Essien Udim, the local government area of the Senate President Godswill Akpabio. READ MORE
9. How Married Man Kellyrae Emerged Winner Of BBNaija ‘No Loose Guard’ Season
Married man, Kellyrae, Big Brother Naija ‘No Loose Guard’ housemate, has been crowned winner of the popular reality TV show. READ MORE
10. Chelsea, Forest Share Point Apiece At Stamford Bridge
Chris Wood and Noni Madueke scored as Chelsea and Nottingham Forest shared a point apiece after playing out a tactical and feisty draw at Stamford Bridge.
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