A New York Appeals Court has given former President Donald Trump 10 more days to post his bond to satisfy the civil fraud judgment and cut the amount necessary to $175 million. It’s a major lifeline for the former president, who, along with his adult sons and his company, were …

Against claims by the Central Bank of Nigeria (CBN) that it has successfully settled all outstanding foreign exchange (FX) obligations, foreign airlines says the status quo remains the same. Kingsley Nwokeoma, President, Association of Foreign Airlines and Representatives in Nigeria, (AFARN) told BusinessDay that as far as he is concerned, …

The Corporate Affairs Commission (CAC) has resolved to  Synergise   with the Nigeria Financial Intelligence Unit (NFIU) to ensure that Nigeria exits the grey list of the Financial Action Task Force.The Registrar-General and CEO of the CAC, Hussaini Ishaq Magaji, SAN, gave the assurance today while receiving the Director/CEO of the …

The World Trade Organisation, on Tuesday, said Nigeria had relinquished its leading position in the agriculture export market because a lot of its agricultural commodities do not meet the sanitary and phytosanitary measures required for exportation.It also pointed out that despite the abundance of arable lands and increased investments, the …

Susceptible to critique, accomplished banker-cum-administrator Bismarck Rewane was on Channels Television recently to analyse how the Central Bank of Nigeria’s Monetary Policy Committee hiked the Monetary Policy Rate (MPR) from 18.75 percent to 22.5 percent (400 basis points) will affect Nigerians. Elaborating on what he termed the audacity of the …

President Bola Tinubu on Monday flagged off the Food Security and Agricultural Mechanization Programme in Niger State, emphasizing that his administration remains committed to ensuring food sufficiency and protecting local industries for sustainable economic growth. The project, an initiative of the Niger State government, is for the deployment of cutting-edge …

The Minister of State for Health, Dr. Tunji Alausa, on Saturday, said that the Federal Government had directed that health workers going abroad to seek greener pastures must henceforth resign their appointments before embarking on such journeys.Alausa said the era of health workers exiting to other countries in search of …

President Bola Tinubu has directed relevant Ministries, Departments, and Agencies (MDA) of the Federal Government to ensure that the outcomes of research in science and technology are used to enrich policies that impact the real sector.The President issued the directive when the President of the Nigerian Academy of Science and …

Nigeria is to begin the formal export of locally produced commodities to South Africa, Rwanda, Cameroon and Kenya from next month under the Guided Trade Initiative of the African Continental Free Trade Area, the national centre of AfCFTA announced on Thursday. Although some businesses in Nigeria currently export products to …

A forensic document examiner seconded to the Economic and Financial Crimes Commission, Bamaiyi Haruna on Thursday said the analysis conducted on the documents used to release $6.2m from the Central Bank of Nigeria in February 2023 showed that they were forged. The EFCC had alleged that on February 8, 2023, …