The naira depreciated further at the parallel market on Monday as it lost N0.5 to exchange at N242.5 to the dollar. It was previously exchanged at...
Nigerians are growing poorer for the first time since the return to democracy in 1999 as an economic slowdown combines with still high population growth rates...
When Muhammadu Buhari clinched victory in Nigeria’s presidential elections in March, stocks soared as investors looked to the former military ruler to reverse decades of economic...
The Nigerian local currency crashed by 2.17 percent against the dollar at the parallel market on Monday. The naira traded at 235 to the dollar at the...
About three weeks after British carrier Virgin Atlantic Airways sacked 20 Nigerian cabin crew members, aviation unions threatened yesterday to stop the airline from operating into...
Can A New Buharinomics Save Nigeria? – Lecture By Chukwuma Charles Soludo, CFR Delivered at the 3rd Anniversary lecture of the RealNews magazine: Oriental Hotel, Lagos:...
The Federal Government has banned the importation of small generators popularly known as I better pass my neighbour. Madugu Sanni Jubrin, the Controller, Federation Operations Unit Zone...
Aliko Dangote, Africa’s richest man, on Monday, announced his resignation from Dangote Flour Mills following South Africa’s Tiger Brands funding withdrawal. Dangote resigned alongside Olakunle Alake,...
National Drug Law Enforcement Agency (NDLEA) on Friday uncovered a suspected drug trafficking cartel at the Akanu Ibiam International Airport (AIIA) Enugu. This is contained in...
The Comptroller General of Customs (CGC) , retired Col. Hameed Ali, on Tuesday warned that any customs officer caught involved in corrupt practice, would serve the...
Barclays monday announced that it would remove Nigeria’s sovereign debt from its emerging markets local currency government bond benchmark from February 1, 2016. The announcement came...
by The Economist Magazine Traffic is a way of life in Lagos, Africa’s most populous city. Home by some counts to over 20m people, it is among the...
