The University of Jos is grappling with a steep increase in its monthly electricity bill, which has surged by 300% to N80 million as threats of...
The naira appreciated further to N1,490 per dollar at the parallel section of the foreign exchange (FX) market on Monday. The FX rate is a 1.34...
Oil prices steadied on Monday as renewed geopolitical risks in Russia and the Middle East came into sharp focus following a series of weekend attacks. Brent...
Air Peace, Nigeria’s flag carrier, has reacted to the allegation of ‘violating’ safety measures in the United Kingdom (UK). The airline, in a statement on Monday,...
The United Kingdom Civil Aviation Authority has written Nigeria’s Civil Aviation Authority stating Air Peace has reportedly violated some aviation safety regulations The development came barely...
The Central Bank of Nigeria (CBN) has withdrawn the directive to banks and other financial institutions to charge cybersecurity levy on electronic transfers. On May 6,...
Aliko Dangote, Africa’s richest person, says Nigeria will stop importation of petrol into the country by June. Dangote spoke at the Africa CEO Forum Annual Summit...
The Nigeria Customs Service (NCS) has adjusted the foreign exchange (FX) rate for import duties to N1,530 per dollar. This represents a 6.13 percent increase compared...
The naira appreciated in the parallel section of the foreign exchange (FX) market on Friday. At the Lagos street market, currency traders, also known as bureau...
The Federal Airport Authority of Nigeria (FAAN) has begun the sale of electronic tags (e-tags) at airports. In a statement on Friday, FAAN said this initiative...