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Economy
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…
IMF decries inflation pushing Nigeria, others to the brink
IMF decries inflation pushing Nigeria, others to the brink
By Matthew Atungwu
The International Monetary Fund, (IMF), has said inflation, debt, and forex crisis is pushing the Nigerian…
Wheat price rise hits Nigeria, 44 other countries globally
Wheat price rise hits Nigeria, 44 other countries globally
The rising price of wheat has hit Nigeria and 44 other countries following the Russian/Ukraine five-month war.
Of the most…
Saraki pledges to contribute to growth of mining sector
Saraki pledges to contribute to growth of mining sector
The new Minister of State, Ministry of Mines and Steel Development (MMSD), Sen. Gbemisola Saraki, has pledged to impact her wealth…
Nigeria Shippers’ Council reiterates resolve to activate Edo Inland Dry Port
Nigeria Shippers’ Council reiterates resolve to activate Edo Inland Dry Port
The Nigerian Shippers’ Council (NSC), has reiterated its resolve to activate the Atlantique Marine and…