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Breaking News

FAAC Allocates N647bn To FG, States And LGs

The Federation Accounts Allocation Committee (FAAC) has allocated the sum of N647billion to the Federal, state and local governments for the month of February. The Minister of Finance, Mrs Kemi Adeosun, revealed this on Wednesday in Abuja after a reconvened meeting of the FAAC. An earlier meeting of the committee …

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CBN Boosts Foreign Exchange With $210m

The Central Bank of Nigeria (CBN) has intervened in the inter-bank market of the foreign exchange to the tune of $210million. Figures obtained from the bank on Tuesday indicate that the wholesale sector of the market got a boost of $100million, while the Small and Medium Enterprises (SMEs) and invisibles …

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BBC Opens New Bureau In Lagos

The BBC today officially opened its new bureau in Lagos, home to three new services in Igbo, Pidgin, and Yoruba. BBC News is now available in five languages across Nigeria (Igbo, Pidgin, Yoruba, Hausa and English), as part of the biggest expansion of the BBC World Service since the 1940s. …

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French Montana Helps Open Uganda Hospital

French Montana is a global ambassador. The New York rapper recently helped open a hospital in Uganda after witnessing the country’s health-related hardships last year. The medical center is now up and running and equipped to serve 300,000 people, according to TMZ. Montana filmed his “Unforgettable” video in Uganda, where …

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