The Central Bank of Nigeria has debunked the claim that it has devalued the naira.
A statement signed by Acting Director Corporate Communications, Isah AbdulMumin, said the dollar traded at N465/$1 contrary to reports.
The statement partly reads, “We wish to state categorically that this news report, which in the imagination of the newspaper is exclusive, is replete with outright falsehood…
Telecommunication firms have begun to phase out old Unstructured Supplementary Service Data shortcodes for new harmonised ones as directed by the Nigerian Communications Commission.
With this move, famous USSD codes such as *556# are now outdated. Customers of MTN Nigeria…
United Bank for Africa Plc has revamped the UBA Alumni Network Programme, aimed at fostering stronger connections and providing exclusive benefits to its esteemed former employees.
According to the statement issued by the bank, in enhancing its initial promises, the revamped…
First City Monument Bank has unveiled an innovative product called FCMB Airtime Advance, which allows customers to borrow funds from their bank accounts.
A statement from the bank said it allowed borrowings ranging from N200 to N5,000 directly from their bank accounts for the purpose of purchasing airtime, regardless of their financial status.
“This solution aims to provide immediate relief to…
Arla Foods, maker of Dano Milk, says it has inaugurated a state-of-the-art dairy farm in Kaduna State as part of the company’s efforts to ensure sustainable milk production in Nigeria.
According to a statement, the farm, located in Damau village, Kubau Local Government…
Wema Bank has said it donated chairs and tables to Isale Eko Grammar School, in Lagos State.
A statement said the act was made possible through Wema Bank’s corporate social investment initiative, the “Salary for Love” campaign.
It said Wema Bank’s employees…
Nigerian Lesbian Couple, Dr. Elizabeth Ekpo and Krystle Ekpo, Celebrate Historic Marriage in the U.S
In a landmark moment for LGBTQ+ rights, Nigerian couple Dr. Elizabeth Ekpo and Krystle Ekpo recently exchanged vows and celebrated their marriage in the United States. The groundbreaking ceremony took place in an intimate setting surrounded by friends, family, and well-wishers, marking a…
The Central Bank of Nigeria has partnered with Benson Idahosa University, Benin, Edo State, to deepen adoption of eNaira as a payment system and medium of exchange.
Branch Controller, CBN, Benin, Michael Mbeze, stated this during a three-day training of students of the…
Anambra Woman Injures 7-Year-Old Nephew For Failing To Recite English Alphabet
May 18, 2023
The Anambra State Ministry of Women and Social Welfare has caught another woman who physically assaulted, brutalised and battered a seven-year-old nephew for failing to recite the English alphabet (A,B,C,D…) in the State.
SaharaReporters gathered that the victim…
In December 2022, the Director of the Bank Examination Department, the Nigeria Deposit Insurance Corporation, Michael Oladele, revealed that N911bn had been lost to ‘get-rich-quick’ schemes in Nigeria over the last 23 years.
While this figure may present the raw facts of the damage of such schemes, it is a pointer to the innate need for individuals to attempt to build wealth. However, this is…