Nigeria’s local currency dropped to its lowest at the parallel since 2017 as the slump in crude oil prices, and pressure on the foreign exchange market...
The Federation Accounts Allocation Committee (FAAC) has shared a total of N780.926 billion as Federation Account revenue for March 2020 to the Federal, States and Local...
Nigeria is facing a serious revenue as prices of crude oil have been crashing at unprecedented levels, especially Nigeria’s headline crude, Bonny Light, despite the revised...
Local airlines are in deep crisis as they grapple with several problems, ranging from coronavirus pandemic, depleted funds due to the international lockdown, and looming job...
The Nigerian equity market closed in the negative territory on Tuesday as profit-taking activities in blue-chip stocks triggered a loss of over N151.392 billion. A negative...
Former Vice President Atiku Abubakar has advocated developing strategic oil reserve in Nigeria to take care of the economic hazards and financial losses to the country during periods of...
As a fallout of events in the oil market, the US dollar hit a record high against the Naira in the non-deliverable forward’s markets on Tuesday,...
One of the Cable News Network (CNN) presenters, Richard Quest, has contracted COVID-19, according to a statement he released on Monday. Already, Chris Cuomo and Brooke...
U.S. President Donald Trump has said he will temporarily suspend immigration into the United States to ‘‘protect the jobs of American citizens’. In a tweet early...
A Policy analyst and social entrepreneur, Patrick O. Okigbo III, says with Nigeria’s crude trading at about $11, many states government will become insolvent if adequate...