Business
Foreign Airlines Kick as FG Blocks $450m Ticket Revenue
The International Air Transport Association (IATA) has expressed concern over the decision by the Federal Government of Nigeria to block...
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Retail Price For Petrol Increases To N173.08 In May – NBS
The National Bureau of Statistics (NBS) says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased...
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Customs Intercepts N126m Worth of Contrabands in 6 months
Nigeria Customs Service (NCS) intercepted contraband goods worth N126 million between January and June, this year, 2022. Addressing newsmen in...
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Effect of the US Interest Rate Hike on Nigerian Economy
The US FED’s hawkish stance to stamp out rising inflation is likely going to cause some trouble for emerging markets...
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Naira Falls at Official Market Despite Improved Forex Liquidity
The exchange rate between the naira and the US dollar closed at N420.5/$1 at the Investors and Exporters (I&E) window....
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Nigeria Passenger Traffic to Grow at 7% in 10 years
Analysts have projected that Nigeria’s passenger traffic will exceed that of the global aviation sector with about a seven per...
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Emefiele, Sanwo-Olu Seek Adjustment, Complementary Policies to Stabilise FX Market
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, yesterday, called for the “design and steadfast implementation of...
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Forex Turnover Records Marginal Increase as Exchange Rate Appreciates Slightly
The exchange rate between the naira and the US dollar closed at N420/$1 at the Investors and Exporters (I&E) window....
Read moreNaira falls to N609/$1 at P2P market, lowest on record
The exchange rate between the naira and the US dollar closed at N420.75/$1 at the Investors and Exporters (I&E) window....
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Marketers Predict Diesel to Hit N1,500 Per Litre, Push for Fuel Price Increase
Oil marketers have sounded the alarm about the impending increase in the price of diesel, citing the cost of moving...
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