The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated 8 January 2025, applies to both oil and non-oil export transactions. The apex bank explained that the move aims to enforce compliance with existing foreign exchange regulations. Signed by the acting Director …

The National Youth Service Corps (NYSC) has said that the service year of nine corps members has been extended in Gombe and Sokoto State. The NYSC also disclosed that no fewer than three Corps members were absconded, with one said to have passed on, while six others got extensions in varying degrees of service in Gombe State. Disclosing this at …