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[Press Release] In a significant step towards enhancing Nigeria’s refining capacity to promote economic growth and development in the country, the Federal Government has inaugurated the technical sub-committee to develop the framework for the sale of crude oil to local refineries in Naira. Minister of Finance and Coordinating Minister of Economy, Wale Edun, while inaugurating the Committee in his office …

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Minister of Finance and Coordinating Minister for Economic Affairs, Wale Edun, said on Thursday that the Federal Government has increased the country’s foreign exchange reserves by $4 billion since January. The minister stated this at an investors’ meeting for the issuance of $500 million Federal Government bonds in Lagos. He said the federal government’s aggregate revenues had doubled. Edun said …

Combination of comedy

The naira strengthened against the US dollar on Thursday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency strengthened by N22 to trade at N1,564/$1, down from N1,586/$1 it traded at on Wednesday. The highest and lowest intraday prices recorded during the day were N1,600/$1 and N1,515/$1 respectively, indicating a very tight spread of N85\$1. However, …

The song titled The Mother is the theme song for the movie The Legacy Campaign. The song expresses a plea for divine intervention and guidance in the face of overwhelming challenges, symbolized by the reference to the “Holy Mother.” The lyrics express a sense of isolation and the struggle to find one’s way amidst the chaos, highlighting the need for …