Says banks must begin to source their forex from export proceeds. The Central Bank of Nigeria (CBN) has indicated that it would discontinue the sale of foreign exchange to Deposit Money Banks (DMB) by ...

The Nigerian National Petroleum Company Limited has countered MRS Oil Nigeria Plc as regards the recent importation of adulterated Premium Motor Spirit, popularly called petrol, into the country. NNPC ...

A bill seeking to prescribe a jail term of seven years and/or a fine of N500m for officials who spend public funds on foreign medical trips narrowly passed second reading at the House of Representativ ...

Appearance of traditional dress denounced as further attempt by China to appropriate Korean culture China and South Korea have become embroiled in a cultural appropriation row after a woman appeared a ...