Economy

Breaking: EFCC storm Kano forex market, arrests BDC Operators

At least eight Bureau de Change (BDC) operators have been arrested following the Economic and Financial Crimes Commission (EFCC) raid on Wapa forex market...

Addax Petroleum exits Nigeria, transfers assets

The Nigerian National Petroleum Company (NNPC) Limited on Tuesday announced it has signed a settlement and exit agreement with Sinopec’s Addax Petroleum Development (Nigeria) to exit...

Scores of Passengers stranded at Lagos Airport

Scores of passengers who planned to board the early morning flights out of the private terminal otherwise known as MMA2 at the Lagos airport...

Naira value worsens, exchanges for N815/$ at parallel market

The strength of Nigeria's naira has worsened against dollar as it exchanged for about N815 per dollar on Monday. Recall NewsWireNGR had earlier reported that...

Nigeria loses $2bn of crude oil to thieves every month — Petroleum Minister

The Minister of State for Petroleum Resources, Chief Timipre Sylva has stated that Nigeria loses at least 700,000 barrels of crude oil to thieves...

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