Hundreds of intending passengers were on Thursday stranded at the two domestic Lagos airports over hike in, fares by airline operators. The operators capitalised on the Christmas...
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output...
The International Monetary Fund (IMF) has said that Nigeria remained vulnerable to oil price volatility and global financial developments, despite assurance from the Federal Government that...
The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Jonathan, is going into circulation from yesterday. This...
Nigeria’s growth rate is expected to slow to about 5 percent in 2015 as falling oil prices cut revenues and spending, the International Monetary Fund said...
The Central Bank of Nigeria (CBN) has reviewed the foreign exchange trading position of banks and Bureau De Change operators (BDC’s) from 1 percent to zero...
Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Dr (Mrs) Ngozi Okonjo-Iweala, will today lay the 2015 budget estimates before the two chambers of the...
Oil continued its downward slide on Tuesday, suggesting that US drivers enjoying low gas prices may see even more relief at the pump ahead. The price...
The slide in prices of crude oil, the Nigeria’s major source of revenue has continued to rattle policy makers in the country. The situation is even...
Fuel scarcity may spread across Nigeria from Monday as oil workers brace for showdown with the Federal Government over various unresolved labour issues. Authoritative sources told...
The Trade Union Congress (TUC) said the congress would demand for wage increase for workers in the new year, following the devaluation of the naira by...
The Hon. Minster of Aviation, Chief. Osita Chidoka has recently launched an aviation passenger service portal and help line to improve service delivery in our airports....