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CBN releases new forex deposit rules to stabilise exchange rates

The Central Bank of Nigeria (CBN) on Friday announced new guidelines I for Deposit Money Banks (DMBs) to deposit excess foreign currency notes at its Lagos and Abuja branches. This initiative, according to the bank, is intended to achieve convergence in…

NELFUND approves student loan disbursement

The Nigerian Education Loan Fund has approved the disbursement of student loan to successful applicants. NELFUND held its inaugural board meeting on Wednesday, marking a milestone in its mission to support students with financial aid. Under the leadership of its…

NFF Targets World Class Coach For Super Eagles After Denying Interest In Renard – OwnGoal Nigeria

Continue reading after advertisement – The hierarchy of the Nigeria Football Federation (NFF) feels the way to rescue the Super Eagles world cup qualifiers campaign is by engaging the services of a world class coach , OwnGoalNigeria.com reports. Reports came…

Mr Eazi explores business, education collaborations in Rwanda

As part of his mission to promote African business and highlight its potential through his gaming venture, Choplife Gaming, Nigerian music star Oluwatosin Ajibade, better known as Mr. Eazi, recently visited Rwanda to explore sports and educational collaborations. During his…

increase in Q1 profit, Zenith bank to share N126bn to shareholders

. Zenith Banks reported incredible growth in its profit for the first three months of 2024 . This is as its gross earnings increased to N781 billion from N270 billion in the previous year . The board of directors of…

Third Mainland Bridge section closed for repairs

The controller said that the closure was to enable the ministry to carry out urgent repairs on the bridge. The Federal Ministry of Works has announced the closure of the Oworo-bound section of the Third Mainland Bridge, from midnight on…

Earthquake hits Iran amid mourning over President Raisi’s death

A small earthquake, measuring 3.7 on the Richter scale, hit Malayer in western Iran’s Hamedan province on Monday. This came after the tragic death of President Ebrahim Raisi in a helicopter crash on Sunday. The earthquake, reported by the Seismological…

Korra Obidi Begs for Money Online To Battle Legally With Husband Over Their Kids

Popular dancer, Korra Obidi has begged her fans for money to fight her husband legally in court over her children. According to Korra, her husband submitted a court order for their kids not to be posted on social media for…

Love of money took me to Saudi, says Ighalo

However, several of these celebrities who relocated to Saudi Arabia hardly ever acknowledge that they joined the League for financial gain, despite the fact that they make hundreds of thousands of euros a year. The Nigerian striker unashamedly disclosed in…

Aviation minister suspends operations of Dana Airline

Following a runway excursion incident suffered by Nigerian carrier, Dana air, at the Murtala Muhammed International Airport in Lagos, yesterday, the Ministry of Aviation and Aerospace Development has ordered the Nigerian Civil Aviation Authority, NCAA, to suspend the airline until…