House of Representatives Investigates Anchor Borrowers Scheme
The House of Representatives is looking into the N1.12 trillion Anchor Borrowers Scheme. This program, run by the Federal Government through the Central Bank of Nigeria (CBN), is meant to provide...
The Quebec province in Canada has put a limit on the number of family sponsorship visa applications. This can affect many people wanting to move, including those from Nigeria.CIC News reports that Quebec will only accept 13,000 family sponsorship...
Students from the University of Benin (UNIBEN) went to the streets on Wednesday. They blocked the busy Benin-Ore Highway. They were angry because there has been no power on their campus for many weeks.The long power cut has made...
Ghanaian chef Ebenezer Smith, who claimed to have broken the Guinness World Record (GWR) for the longest cooking marathon by an individual, has been arrested.
In its report on Tuesday, Asaase Radio, a private radio station in Accra, broke the...
Sending $200 to Sub-Saharan Africa cost more in 2023. It went up from 7.4% in 2022 to 7.9% in 2023, says the World Bank.
The World Bank said this in their report about migration and development...
When the interest rates in the U.S. go up, it can make the U.S. dollar stronger. This can affect other countries' money, like the Nigerian naira, and make it weaker.
Recently, the rate for a 10-year government bond in the...
The Central Bank of Nigeria (CBN) has warned banks and money changers to accept old and small US dollar bills from customers.
This rule comes because many people have said that banks and money changers are not taking these kinds...
The Nigeria Customs Service (NCS) recently increased the exchange rate for import duties to N1508 for every dollar. This is the highest rate in the past three months. Back on March 21, 2024, the rate was N1,572 for every...
The Senate of the University of Benin (UNIBEN) said on Wednesday that they might have to close the school if talks with the protesting students do not work out.
Earlier in the day, students started protesting because they have had...
