Tag: News

NUC trains officials of 206 universities on new curriculum

NUC trains officials of 206 universities on new curriculum

The National Universities Commission (NUC) has concluded its series of train-the-trainers workshop for staff members of 206 universities in the country. The training was to ensure effective delivery of the new curriculum- the Core Curriculum and Minimum Academic Standards (CCMAS), developed by the commission for Nigerian universities. Prof. Emeritus Peter ...

Naira appreciates to N890/$ at parallel market

Naira appreciates to N890/$ at parallel market

The naira, Nigeria’s legal tender, is currently trading at N890 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents an appreciation of 60 or 6.3 percent from the N950 it traded last week. Speaking to TheCable on Wednesday afternoon, Bureaux De Change (BDC) operators ...

NNPC secures $3bn oil-for-cash loan to stabilise the naira

NNPC secures $3bn oil-for-cash loan to stabilise the naira

The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the crude-for-cash funding from the African Export-Import Bank (Afreximbank) headquarters in Cairo, Egypt. While the details are still sketchy, TheCable understands ...

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