CBN Headquarters Forex Inflows from IMTOs Rise by 44.5% Your browser does not support the video tag. The value of foreign exchange inflows to the economy through the International Money Transfer Operators (IMTOs) rose sharply in 12 months to $4.76 billion, the Central Bank of Nigeria (CBN) quarterly statistical bulletin has shown. The report, which

Dollar Against Naira Your browser does not support the video tag. ‎The naira remained stable against the US dollar in the parallel market on Monday. ‎A source at the Abuja black market told Economic Confidential that as of May 26, the naira traded at ₦1,610/$1 for buying and ₦1,617/$1 for selling—unchanged from Friday’s closing rate

Port Harcourt Refinery Port Harcourt Refinery Not Producing Petrol Prior to Shutdown – Marketers Your browser does not support the video tag. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the Nigerian National Petroleum Company Limited (NNPCL) had to shut down the Port Harcourt Refining Company to save its face. IPMAN said the

DG NITDA Kashifu Inuwa Your browser does not support the video tag. By Shuaib S. Agaka Over half of Nigeria’s government-funded IT projects—an alarming 56%—have failed to meet their intended objectives. According to Kashifu Inuwa, Director-General of the National Information Technology Development Agency (NITDA), these failures go far beyond statistical data. They represent broken digital

The Comptroller-General of the Nigeria Customs Service (NCS), Mr Bashir Adewale Adeniyi Customs Eyes $250bn in Modernisation Project, Trains 1,800 Officers on AI Your browser does not support the video tag. By Tahir Ahmad, The Nigeria Customs Service (NCS) is projecting a staggering $250 billion in cumulative revenue over the next 20 years from its

The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin (R), addressing the House of Representatives Committee on Industry and other stakeholders during a one-day public hearing on the amendment of the Council’s Establishment Act while NSDC’s Head of Strategy and Performance Management (SPM), Ms. Edirin Akemu (L) looks on. NSDC Act

Kaduna Electric Your browser does not support the video tag. Kaduna Electric has taken a significant step towards enhancing electricity supply and stimulating economic development across it’s franchise states comprising Sokoto, Kebbi, Zamfara, and Kaduna. In a strategic partnership with J-Marine Logistics Limited, ASI Engineering Limited, the core investor in Kaduna Electric, will deliver a

As we get older, many people notice that their sleep habits change. It might take longer to fall asleep, or the total hours of sleep may become shorter.  These shifts in sleep patterns are common and often a normal part of aging. However, understanding why these changes happen and when they might indicate a deeper

Gift-giving is often thought of as a uniquely human way to show affection or build relationships. But did you know that many animals also exchange gifts? While you may have heard about penguins offering smooth pebbles to attract mates, several other species engage in this surprising behavior.  Some animals give gifts to woo a mate

The United States continues to lead the global millionaire map in 2025, with 11 cities featured in the Top 50 Cities for Millionaires, according to the latest World’s Wealthiest Cities Report by Henley & Partners and New World Wealth. The fourth edition of the report shows New York holding the top position, with 384,500 high-net-worth

The quest for table tennis medals at the 2025 National Sports Festival (NSF), Gateway Games 2024, kicks off on Saturday, May 24, in Abeokuta, Ogun State. Foreign-based stars such as Olajide Omotayo, Azeez Solanke, and Taiwo Matti will don the colours of Bayelsa State, injecting world-class experience into the tournament. Lagos State enters as a

Felix ‘Crown’ Adebayo, award-winning creative photographer, AI enthusiast, and founder of Felix Crown Fotografi. He is a creative strategist shaping the future of visual storytelling through his lens. In this interview with Chisom Michael, he reflects on his journey from NYSC to building a premium creative brand. He shares thoughts on the evolution of photography