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CBN warns that Nigeria faces a dollar shortage as shippers and airlines refuse to hand in foreign exchange

 

CENTRAL Bank of Nigeria (CBN) officials have warned that the country could face a severe foreign exchange shortage over the coming months as shipping and airline companies are not remitting the dollars they have earned from their overseas operations.

 

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Ipob plans audacious and daring launch of Radio Biafra in Buhari's home town Daura

 

SECESSIONIST group the Indigenous People of Biafra (Ipob) has announced plans to launch a radio station in Daura in a blatant act of defiance to show President Muhammadu Buhari that he cannot curtail their activities.

 

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Buhari presents Nigeria's most ambitious budget ever of over $33bn before National Assembly

 

PRESIDENT Muhammadu Buhari has presented Nigeria's most ambitious budget ever to the National Assembly when he unveiled a record-breaking N13trn ($33.68bn) package before lawmakers this morning.

 

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Ngozi moves a step closer to becoming WTO boss after she is named in final shortlist of two

FORMER finance minister Dr Ngozi Okonjo-Iweala moved a step closer to being named the new World Trade Organisation (WTO) director-general yesterday after she was named as one of the two shortlisted candidates.

 

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I would adopt this as the Super Eagles permanent strip so we have an iconic jersey recognisable anywhere

 

Ayo Akinfe

I would adopt this as the Super Eagles permanent strip so we have an iconic jersey recognisable anywhere.

Here are 10 countries whose strips you would immediately recognise anywhere on planet earth whenever they take to the pitch:

(1) Croatia
(2) Brazil
(3) Argentina
(4) Netherlands
(5) England
(6) Spain
(7) Portugal
(8) Mexico
(9) Australia
(10) Italy
 

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Lagos urban railway network now expected to commence operations in October 2022

 

LAGOS State's proposed urban railway network that has been in the pipeline since 2009 is now expected to become functional in October 2022 when the Red Line connecting Agbado and Agege with Marina is expected to open.

 

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UAE to start issuing visas to Nigerians as from tomorrow as ban on Emirate Airlines forces rethink

 

NIGERIANS will now be allowed to obtain visas to the United Arab Emirates (UAE) as from October 8 after the country lifted its restrictions on Nigerian visitors in response to pressure from the federal government.

 

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New health report reveals Nigeria needs to quadruple her number of nurses and midwives

 

NIGERIA needs to quadruple the number of nurses and midwives she has from the current figure of around 200,000 to about 800,000 to meet up with the country's health demands according to the findings of a new survey.

 

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Adamawa launches new phone app to report rape cases as numbers soar to 350 within six months

 

ADAMAWA State witnessed a total of 350 cases of rape and sexual assault between May and October 2020 according to recent statistics just unveiled by the commissioner for women's affairs and social development Lami Ahmed.

 

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Nigerian importers face financial crunch as CBN grapples with $2bn foreign exchange backlog

 

NIGERIAN importers are facing an unprecedented fiscal crunch as the Central bank of Nigeria (CBN) currently has a foreign exchange demand backlog of $2bn which financial analyst Fitch Ratings said could cripple imports.

 

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