President Muhammadu Buhari on Wednesday ordered the Ministry of Aviation to expedite action on the establishment of a new national airline for the country. The President...
(Reuters) – Nigeria’s commercial lenders have stopped collecting cash deposits in dollars in a move to discourage speculation on the naira currency, which has been hit...
The Nigerian National Petroleum Corporation has announced the successful re-streaming of the Port Harcourt and Warri refineries after nine months of phased rehabilitation conducted by its...
The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Tuesday said the Federal Government spent 2.41 billion dollars on rice importation between January...
No fewer than 120 lock-up shops were submerged by flood at the International Electronics Market, Onitsha, Anambra following a downpour on Friday night. A correspondent, who...
Press Releases I am pleased to announce the appointment of Arunma Oteh as VP and Treasurer of the World Bank. Arunma, a Nigerian national, was most...
Nearly two months after President Muhammadu Buhari took over the administration of Nigeria, investors in the nation’s stock market have lost over N1.032 trillion. Stakeholders have...
Firstnation, has attributed the ground incident collision of two of its plane on Friday, July 17, to negligence on the part of marshallers employed by the...
Nigeria will have to devalue its currency at some stage, possibly by more than 15 percent, ratings agency Standard & Poor’s said on Wednesday, though it...
The naira hit another record low of 241 against the dollar at the parallel market on Monday as the Central Bank of Nigeria’s restrictions on foreign...
Nigeria’s currency, the Naira hit fresh lows against the dollar on the parallel market on Friday, after a government liquidity injection to help cash-strapped states offset...
The rehabilitation work underway at the Port Harcourt refinery has reached 90 per cent, giving indications that the refinery may soon open for production. The update...
