Oil prices recovered Friday morning after dipping marginally at the previous session with Brent crude inching near to the $30 mark. Prices had dropped on Thursday...
The Lagos Airport Hotel, owned by Southwest states has sent home about 250 staff on leave without pay due to the impact of the COVID-19 lockdown....
Financial experts have predicted that the Naira could fall to as low as N480 by year-end and over N500 next year, citing Nigeria’s weakening FX positions,...
The Central Bank of Nigeria (CBN) has been struggling to stabilize Nigeria’s currency exchange rate because of historical low crude prices and the shutdown of economic...
By Richards Adeniyi The Nigeria Customs Service, Federal Operations Unit (FOU), Zone A, Ikeja, Lagos, has destroyed poultry products worth N20.7 million seized by its operatives....
By Richards Adeniyi The Apapa Area Command of Nigeria Customs Service (NCS) said it generated N39.88billion revenue in April. The command’s Public Relations Officer, Nkeiruka Nwala,...
President Muhammadu Buhari commends President of the African Development Bank, Nigeria’s Dr Akinwumi Adesina, over the clean bill of health given him by Board of Directors...
Nigeria’s Minister for Aviation, Hadi Sirika, says the sector is the worst hit by the coronavirus pandemic, and the subsequent lockdown of the economy as a...
For the first time in eleven months, Nigeria’s foreign reserves after shedding about $11.25bn, rose by $449.5 between 28th of April and 5th of May, the latest figures...
The Nigerian National Petroleum Corporation (NNPC) Wednesday night reduced ex-depot price of petrol from N113.28 per litre to N108 after extensive review of market realities by...