FX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrs The exchange rate for cargo clearance witnessed a dramatic increase to N1413.6/dollar...
FAAN confirms blackout at Lagos airport, gives reason The Federal Airports Authority of Nigeria (FAAN) has confirmed the blackout Friday night at the Murtala Muhammed...
Naira records marginal gain at N1,450 to dollar The naira on Thursday made a marginal gain against the dollar, closing at N1,450 at the parallel market....
Electricity consumers rose to 11.71m in Q3 – NBS The National Bureau of Statistics (NBS) has announced that the number of electricity consumers rose by 240,000 from...
FG wasted N1bn yearly on FAAN officials shuttling between Abuja, Lagos – Keyamo The Federal Government spent N1 billion annually on Duty Tour Allowance (DTA) and...
NAEBI Dynamic Concept boosts aviation services, procures helicopter tracker, other equipment An indigenous operator in the aviation sector, NAEBI Dynamic Concepts Limited, is acquiring additional equipment...
Sell excess dollars in 24 hours, CBN orders banks The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks to sell their surplus dollar stock...
Dollar scarcity: BDC operators shut down operation in Abuja Bureau De Change (BDC) operators have announced shut down of operation in Abuja as a result of...
Senate summons CBN governor over weak naira, inflation The Senate has summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to appear before it...
Naira: Official market at N1,482.57/$1 overshoots parallel rate’s N1,450/$1 Naira has continued its free fall, sinking to a record low of N1,482.57 per dollar on Tuesday due...