Business

Naira loses 5.3% against dollar at official market

The Naira on Tuesday, April 23, 2024 depreciated at the official market, trading at N1,300.15 to the dollar. Data from…

2 weeks ago

Again, Dangote crashes diesel, aviation fuel prices to N940, N980

Two weeks after it crashed the price of diesel from N1,200 to N1,0000, the Dangote Petroleum Refinery has again announced…

2 weeks ago

CBN approves sale of $10,000 at N1,021/$ to 1,583 BDCs

The Central Bank of Nigeria (CBN) has approved the sale of an additional $10,000 to 1,583 eligible Bureaux De Change…

2 weeks ago

83 passengers unhurt as Dana plane skids off Lagos airport runway

There was panic at the Murtala Muhammad Airport, Lagos in the early hours of Tuesday, April 23, 2024 as the…

2 weeks ago

FG orders sale of Abuja, Ibadan, Benin, Kano, Kaduna DisCos

As blackout and inefficiency persist in the power sector across the country, the Federal Government has ordered the sale of…

2 weeks ago

Naira loses against dollar, trades N1,234.49/$ at official market

The Naira on Monday, April 22, 2024 slightly depreciated at the official market, trading at N1,234.49 to the dollar. Data…

2 weeks ago

FCCPC summons owner of exclusive Chinese supermarket

The Federal Competition and Consumer Protection Commission (FCCPC) has summoned the owner of a Chinese supermarket, Cindy Liu Bei, located…

2 weeks ago

Nigeria secures World Bank’s $2.25bn loan at 1% interest rate

The Federal Government had secured a $2.25 billion single-interest loan from the World Bank. The facility offers a 40-year-term with…

2 weeks ago

FirstBank appoints Olusegun Alebiosu Acting MD/CEO

Following the sudden resignation of its Managing Director/Chief Executive, the Board of FBN Holdings Plc. has appointed Mr. Olusegun Alebiosu…

2 weeks ago

Price war in Nigeria’s skies

By ETIM ETIM A price war has broken out in a submarket of the nation’s aviation sector, and the passengers…

2 weeks ago

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