The Nigerian naira sank to a fresh record low on Friday, as the Central Bank of Nigeria (CBN) attempts boosting liquidity through sales of dollars. The...
No doubt, Nigeria’s economy is in a recession. What with the dwindling global oil prices, the activities of militants in the Niger Delta, the herdsmen-farmers...
President Muahmmadu Buhari on Wednesday said that the era of free and easy money in the country had gone for good. Bahari made this known when...
The Emir of Kano, Muhammad Sanusi II, has questioned the role of the Power Minister as regards to distribution of electricity to households and businesses across...
Nigeria’s economy will most likely contract this year as energy shortages and the delayed budget weigh on output, the International Monetary Fund has said. “I think...
Dana Air has commenced daily flights from Lagos to Owerri with an introductory online fare of N12,600 one way. The airline currently operates daily flights to...
The Nigerian Electricity Regulatory Commission (NERC) says it is commencing an investigation to unravel the causes behind the electrocution of six residents of Tudun – Wada...
The Nigerian Union of Petroleum and Natural Gas Workers on Saturday advised the Federal Government against the issuance of bailout funds to state governments for the...
Arik Air yesterday blamed the Instrument Landing System, ILS, at Nnamdi Azikiwe Airport, Abuja and technical problems on their plane already boarded by passengers at Port-Harcourt...
The Central Bank of Nigeria (CBN) has declared that no Nigerian bank is in distress in reaction to speculations that some banks in the country are...
Minister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello has said that it was not acceptable that landlords have turned buildings meant for residential...
The Central Bank of Nigeria on Monday sacked the board and management team of troubled listed commercial lender, Skye Bank. In a press briefing held on...