Black marketers sell petrol N300/litre as queues persist in Abuja
Fuel queues persisted in the Federal Capital Territory on Monday as filling stations struggled to control desperate drivers waiting to buy the Premium Motor Spirit, PMS, at the official price.…
Aviation workers commence two-day warning strike
The workers of some agencies under the Ministry of Aviation have started a two-day warning strike from Monday to Tuesday due to unresolved conditions of service. The Chairman, FCT National…
Naira loses to dollar, closes at 419
The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreciation, weaker than N417 it traded on Friday. The…
NNPC links fuel queues to Sallah celebrations
The Nigerian National Petroleum Corporation has ascribed the re-appearance of fuel queues in parts of Abuja to low loadouts and increased purchases that characterise post-holiday and post-Eid periods Most filling…
ASUU extends strike by 12 weeks
The Academic Staff Union of Universities has extended its ongoing strike for another 12 weeks. A statement signed by ASUU president, Prof. Emmanuel Osodeke, said this was to give the…
Naira slumps to N595/dollar amid forex shortage
THE naira slumped further and exchanged to the dollar at 595 on Friday at the parallel market. Some Bureau de Change operators who spoke with our correspondent said the dollar…
JETA1: Airlines suspend flights shutdown
The Airline Operators of Nigeria, the umbrella body for domestic airlines, on Sunday cancelled its decision to halt flight services across the country beginning today (Monday). But before the AON…
How FG’s ban on crypto, Twitter crippled Nigeria’s FDI – Report
A new report has stated that restrictions on cryptocurrency transactions and the ban of Twitter in Nigeria crippled foreign direct investment in the fin‑tech industry and adversely impacted millions of…
Imported car prices set to soar as Customs, agents war over 15% levy
For some weeks now, Nigeria’s maritime industry has been riddled with controversy following the introduction of the 15 per cent National Automotive Council levy by the Nigeria Customs Service. This…
How petrol pump price rose by 91 per cent in six years – Report
The cost of fuel pump increased from N87 per litre as of December 2015 to N165.77 by December 2021, showing an increase of 90.54 per cent. This is according to…
Abuja hotel room rates rise ahead of APC, PDP primaries
Many major hotels in the Abuja metropolis are fully booked while others had hiked their prices ahead of the presidential primaries of the All Progressives Congress and the Peoples Democratic…
Avert airlines’ operations shutdown, Reps caucus tells Buhari
The Minority Caucus in the House of Representatives has called on the President, Major General Muhammadu Buhari (retd.), to take immediate steps to avert an imminent shutdown of flight operations…
