Abuja International Airport Receives First Commercial Flight After Covid -19
An Ethiopia Airline plane on Monday, arrived at the Nnamdi Azikiwe International Airport, Abuja, conveying 120 passengers and 13 crew…
Category: Local
Nigeria: Onne Customs Generates N70 Billion In Eight Months
The Area II Command of the Nigeria Customs Service at Onne Port, Rivers State, has said it generated N70 billion…
Nigerian Languages Going Into Extinction – NICO
The Executive Secretary, National Institute for Cultural Orientation (NICO), Mr Ado Muhammed Yahuza, has said that some Nigerian Languages might…
Korea Tasks FG On National EGovernment Master Plan
The Country Director, Korea International Cooperation Agency in Nigeria, Woochan Chang, has tasked the Federal Government to proactively implement the…
We’ve Eliminated Over 95% Of Trade Barriers Along Borders For Member States – ECOWAS
The Economic and Community of West African States, ECOWAS on Monday said it has eliminated over 95% of trade barriers…
Nigeria’s Capital Airport Resumes International Flights After 6-Month Shutdown
Activities were resumed at the international wing of Nigeria’s ever-busy capital airport Monday, as the country recorded its first batch…
150,000 Nigerian Passports Stolen Or Missing: NIS
About 150,000 Nigerian passports or travel documents may have either been stolen or lost, according to Nigerian Immigration Service records.…
Losses Mount At Idle Nigerian Refineries
There is little hope that state-owned refiners will resume production, partly due to Covid-19, while the new Dangote refinery is…
CBN Commits N662b To Banks’ Liquidity Control, Stability
Commercial and merchant banks accessed N662 billion loans from the Central Bank of Nigeria (CBN) to control their liquidity and…
Assessing CBN’s Interest Rate Cap On Savings Deposits
The Central Bank of Nigeria’s recent review of interest charge on savings deposits has the potential to spur growth as…
Nigeria: We Spent N31b In Four Months Fighting COVID-19 — FG
The Federal Government of Nigeria has disclosed that it “spent N30,540,563,571.09, representing 84% of the N36.3 billion public funds and…
Nigeria: NSE To Host Capacity Building Session On Derivatives
The Nigerian Stock Exchange (NSE) has announced to host a virtual training session for prospective derivatives products market participants on…
Nigeria: CBN’s Interventions Halt Naira Slide
There are indications that stability is returning to the foreign exchange market as the value of the Naira appreciates in…
Nigeria: N10.78tr Subsidy, Why FG May Not Reverse New Fuel, Electricity Rates
There were strong indications last night that the Federal Government may not reverse the new fuel pump price regime because…
Nigeria: FG Weakens Power Of EFCC Chairman Creates Director General In New bill
..…Agency’s sec office scrapped, replaced with admin director. A new bill seeking to amend the Economic and Financial Crimes Act…
Nigeria: CBN Places Ban On Gaming, Sports Betting Company Account
The Central Bank of Nigeria on Friday placed a “Post no debit order” on the account of several gaming and…
Nigerian Vice President Calls For Equitable Vaccine Access By Pauline Bax
Europe should work with African countries to ensure equitable access to an affordable Covid-19 vaccine once it’s available, Nigerian Vice…
CBN Freezes Baba Ijebu, Other Companies’ Bank Accounts As Dollar Scarcity Bites Harder In Nigeria
The move by the apex bank comes months after the Economic and Financial Crimes Commission launched an investigation into the…
Nigeria:‘I Have No Interest In Politics’ — Sanusi Speaks On Life Beyond 2023
Muhammed Sanusi, former emir of Kano, says he has no plan to run for any political office in the country.…
Sanwo-Olu Suspends Bamidele Balogun For Imposing 5% Levy On Digital Platforms
Governor Babajide Sanwo-Olu of Lagos State has suspended the Executive Secretary of the Lagos State Film and Video Censors Board,…
Int’l Flight Operations Resume In Lagos, Abuja Postponed
Lagos International Airport appears to be ready to receive passengers on commercial flights from abroad today.This is coming after about…
Airlines Demand Open Borders As Flights Begin
All appears set for the partial opening of the international airspace to commercial flight services tomorrow after over five months…
Only 4 International Flights Allowed Daily In Nigeria
The federal government has said that it will allow only four international flights into the country a day, that is…
Fuel, Electricity Price Hike: Get Set for Nigeria’s Break Up — Primate Ayodele
The leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has reacted to the recent increment in electricity tariffs and…
Sanusi: Naira Devaluation Will Continue Unless Nigeria’s Imports Reduces
Muhammed Sanusi, former governor of the Central Bank of Nigeria (CBN), says the devaluation of the naira will continue unless…
Nigeria Sells Dollars To Ease Backlog Trapping Foreign Funds
The Nigerian central bank has started to sell dollars to clear a backlog of demand for the greenback that has…
Customs Rates Border Closure Successful
One year after the nation’s borders with her neighbours were shut under the aegis of a joint military and paramilitary…
Forex: CBN Sold $500m, Speculators Set To Count Losses
Central Bank of Nigeria CBN sold about $500 million to foreign investors on the spot and forward market to gauge…
Nigeria: Ogun, Lagos Seek To Take Over Lagos-Ota-Abeokuta Road From FG
The Ogun State Government has approached the Federal Government to request for authorisation to rehabilitate, reconstruct and commercialise the Lagos-Ota-Abeokuta…
Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point To Further Devaluation
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is…