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CBN gov Emefiele visits Buhari at state house
The Central Bank of Nigeria Governor, Godwin Emefiele, on Thursday visited…
Banks tighten access to forex as reserves hit seven-month low
The country’s external reserves hit a seven-month low after falling to $38.57bn…
Naira depreciates against dollar at N420
The naira, on Thursday, depreciated further at the Investors and Exporters Window,…
Shipping cost surge caused global inflation – IMF
The International Monetary Fund has linked the current global inflation with…
Buhari to inaugurate Dala International Inland Dry Port on Jan. 30
The Dala International Inland Dry Port in Zawachiki, Kumbotso Local Government Area,…
How CBN raised interest rate from 11.5% to 17.5% in eight months
The Central Bank of Nigeria has raised its benchmark interest rate…
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Oil and Gas
Eni signs $8bn gas deal with Libya
Oluwanifemi Ojo The chief executive of Italian energy company Claudio Descalzi, said on Saturday that Italian energy company and…
Imo govt to use tourism as economy booster
Bisola David The Imo State Government has made public its…
New naira: No reason to shift Jan 31 deadline, says CBN
Oluwanifemi Ojo The governor of Central Bank of Nigeria has again…
New naira: Buhari assures Nigerians of speedy circulation
The President, Major General Muhammadu Buhari (Ret'd.), has assured that the government…
New naira: Business activities lag in Anambra over scarcity
Oluwanifemi Ojo The residents of Anambra have gathered in banks and…
Buhari hails AfDB, others for $538m agric fund
The President, Major General Muhammadu Buhari…
FG to generate $500m from cashew export – Minister
Bisola David The minister of agriculture…
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UK airline Flybe enters administration, halts flights, trading
Oluwanifemi Ojo Flybe and the British Civil Aviation Authority (CAA) said…
IATA welcomes Somalia airspace upgrade to ‘Class A’
The International Air Transport Association has commended Somalia for upgrading of its…
Lagos airport passengers stranded over NAHCO staff strike
The Nigerian Aviation Handling Company employees, who are being led by…
NAMA shuts Lagos airpot runway Sunday
The Nigerian Airspace Management Agency on Saturday announced the imminent closure of…
Oil theft: PENGASSAN finger military, others
The Nigerian Army and other security outfits have been accused in the oil theft skirmish by the Petroleum and Natural…
DMO put bonds worth N360bn on auction
Bisola David Four Federal Government of Nigeria bonds valued at N360 billion have been made available by the Debt…
Senate probes Niger Delta oil theft
The Senate Adhoc Committee commenced an investigation into oil theft and illegal bunkering activities in the Niger Delta region. According…
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Nigeria, India commerce volume hit $14b in 2022
Nigeria and the Republic of India conducted $14.95 billion worth of commerce in 2022. At the 74th Republic Day of…
How Nigeria recovered N86.2bn stolen oil in one month
A report has revealed how Nigeria recovered N86.2bn worth of stolen oil through the efforts of various security operatives across…
5G networks may meddle with aircraft landing – IATA
As the Nigerian Communications Commission and telecoms giants prepare for the launch of the 5G spectrum in August, the International…
Operators blame weak naira, others for energy crisis
Oil and gas operators have identified the devaluation of the naira, amongst other challenges, as the cause of Nigeria’s energy…
MTN appoints Mroue as non-executive director
The board of MTN has approved the appointment of Mazen Mroue as a non-executive director of the company effective June…
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