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Economy
Naira gains against dollar
Naira gains against dollar
The Naira on Tuesday appreciated against the dollar at the Investors and Exporters window, exchanging at N428.75.
The figure represented an increase of 0.52…
China intensifies crackdown on cryptocurrency hype, speculation
China intensifies crackdown on cryptocurrency hype, speculation
China’s internet watchdog on Tuesday said it had intensified a crackdown on illegal online information that may lead to…
Economy: Nigeria tops World Bank debtors’ list
Economy: Nigeria tops World Bank debtors’ list
Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list.
The World Bank Fiscal…
Naira appreciates against the dollar, trades N695 at parallel market
Naira appreciates against the dollar, trades N695 at parallel market
The Naira on Monday appreciated at the parallel market, as it exchanged for N695 for one dollar, representing a gain…
Exchange rate falls further to N718/$1 at black market
Exchange rate falls further to N718/$1 at black market
Naira has depreciated to a record low at the black market after the local currency closed trading on Thursday at N718/$1 compared to…
Telecom subscribers to pay 5% tax on call, text, data, says FG
Telecom subscribers to pay 5% tax on call, text, data, says FG
The Federal Government has disclosed that telecommunications subscribers would pay five per cent tax on calls, SMS and data…
FEC approves Nigeria Air’s lease of aircraft to commence operations
FEC approves Nigeria Air’s lease of aircraft to commence operations
The Federal Executive Council (FEC) says an approval had been given for the new national carrier, Nigeria Air, to lease…
FAAC allocation rises to N802bn in June
FAAC allocation rises to N802bn in June
The Federation Account Allocation Committee (FAAC) says it shared the sum of N802.407 billion for the month of June 2022, a N121.407bn increase on…
Sirika decries aviation crises, says no solution in sight
Sirika decries aviation crises, says no solution in sight
The Minister of Aviation, Hadi Sirika, says no immediate solution in sight to solve the multipronged crises rocking Nigeria’s…
Fashola denies Nigeria is broke
Fashola denies Nigeria is broke
The Minister of Works and Housing, Babatunde Fashola (SAN) says Nigeria is not broke.
The former governor of Lagos state, disclosed this on Sunday in…