Nigeria’s inflation rate again surged to a new rate of 21.09 per cent in October 2022, representing a 0.32 per cent increase over 20.77 per cent...
A Nigerian man caused a stir in one of the new-generation banks when he went to deposit $500,000, approximately N200 million. The picture of the unidentified...
Three out of four people who have bought bitcoin have lost money, according to a study published on Monday as the cryptocurrency sector reels from the...
Air Peace has announced that it will be suspending flights to Dubai, United Arab Emirates (UAE), with effect from November 22, over failure of the UAE...
The Federal Road Maintenance Agency (FERMA) says many of nation’s highways have exceeded their lifespan and urgently need reconstruction. Managing Director/Chief Executive Officer of FERMA, Nuruddeen...
The appreciation of the naira witnessed in the black market segment of the foreign exchange market towards the end of last week has been described as...
The Nigerian Railway Corporation says reports of Abuja-Kaduna rail service resuming on November 24 are not true and should be disregarded. The reports came days after...
Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-funded...
As the Central Bank of Nigeria now allows banks to accept cash deposits above the previously set limit of N500,000, it has asked commercial banks not...
The naira on Saturday recorded a major gain against the dollar, closing at N680/$ at the parallel market in a new wave of sustained recovery after...