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FG Commends NDDC on Budget Process

Photo Caption: L-R: Deputy National Chairman of the Traditional Rulers of Oil Minerals Producing Communities of Nigeria, TROMPCON, Oba Obafemi Ogbaro; Managing Director, Chief Dr. Samuel Ogbuku; Permanent Secretary, Ministry of Niger Delta Development, Dr. Shuaib Belgore, Executive Director, Finance & Administration, Maj-Gen. Charles Airhiavbere (Rtd); during the NDDC Partners for Sustainable Development (PSD) Forum – NDDC 2024 Budget of Reconstruction Conference in Uyo, Akwa-Ibom State.
Permanent Secretary, Ministry of Niger Delta Development, Dr. Shuaib Belgore, has commended the Niger Delta Development Commission, NDDC, for developing a budgetary process that involves stakeholders in its efforts to develop the Niger Delta region.

Breaking: CBN Re-Introduces Bureau De Change Operations To Save Naira

CBN Governor, Folashodun Shonubi
The Central Bank of Nigeria (CBN) has re-introduced Bureau De Change operations into the Nigerian foreign exchange market in a bid to save the Naira. 

Colombia-based Fintech Minka raises $24m to expand, allow banks,clearing houses move...

Naira & Dollar
Colombia-based Fintech company Minka has announced that it has secured $24 million in capital through a funding round led by Tiger Global and Kaszek.

Breaking: Hackers Steal Data From 47m T-Mobile Customers, Demand Bitcoins; You’re...

Breaking: Hackers Steal Data From 47m T-Mobile Customers, Demand Bitcoins; You’re Victim
T-Mobile has confirmed that hackers have stolen the data belonging to at least 47 million of its customers. T-Mobile said hackers are demanding Bitcoins.

Breaking: CBN Freezes Bamboo, Chaka, Risevest Accounts Over FX, Cryptocurrency

:Breaking: CBN Freezes Bamboo, Chaka, Risevest Accounts Over FX, Cryptocurrency Central Bank of Nigeria headquarters
Nigerian Fintech firms, Risevest, Bamboo, Chaka, CTL and Trove risk losing customers as CBN moves to freeze their accounts.

Breaking: U.S. Backs Okonjo-Iweala for WTO

Nigerian former Finance Minister Ngozi Okonjo-Iweala
The United States, U.S. has given its formal backing to Dr. Ngozi Okonjo-Iweala to lead the World Trade Organization, removing the final obstacle to her bid to be the first woman and the first African to run the Geneva-based trade body.

Breaking: Okonjo-Iweala emerges only candidate for WTO DG as Korean...

Nigerian former Finance Minister Ngozi Okonjo-Iweala
Former Nigerian Finance Minister, Ngozi Okonjo-Iweala, has emerged the only remaining contender for the World Trade Organisation, WTO, Director-General, DG, after her close and only rival, the South Korean Trade Minister, Yoo Myung-hee withdrew from the race. Yoo made her resignation on Friday.

$500 million Chinese Loan agreement signed in Hong Kong, sovereignty clause...

Buhari and Chinese President, envoys
House of Representatives members, the Ministers of Transportation and Finance, Chibuike Ameachi and Zainab Ahmed yesterday disagreed over the sovereignty clause embedded in the loan agreements between China and Nigeria

CBN Injects $210m into Foreign Exchange Market

Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange Market to boost liquidity in the system.

Get up to N2m School fees loan for your ward with...

Stress free loan
While children are resting at home and having an exciting holiday, parents can prepare for the next term in excitement too as Diamond Bank launches its Back to School with No Hassle Campaign.