Dollar scarcity: Foreign airlines slash ticket sales on Nigeria routes

As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number of tickets they sell on Nigerian routes amid worsening dollar…

Transport companies BEGIN shutdown operations in Ebonyi

TRANSPORT Companies have reportedly withdrawn their services in all parts of Ebonyi State. National Chairman of the Association of Mass Transit Operators (AMTO), Chief Gregory Inyaba, stated this after their…

500 Nigerians lose jobs as UAE declines renewal of work visas

Over 500 Nigerians have lost their jobs and are stranded four months after the United Arab Emirates stopped granting or renewing Direct Employment Visa for Nigerians in the Western Asian…

United States-Nigeria Investment Summit (USNIIS) 2021- gov. ugwuanyi’s aide arinze offiah features on plenary session

The United States-Nigeria Investment Summit (USNIIS) 2021 which was held in New York, United States of America during the 76th United Nations General Assembly (UNGA) was attended by delegates from…

Airtel Africa plans to take out Nigerian minority shareholders

Airtel Africa Plc is in the verge of buying out Nigerian minority shareholders stake in the company. The company has already disclosed this plan to the Nigerian Exchange Limited, NGX…

Withdraw ‘impermissible conditions on Twitter’, SERAP tells Buhari

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “urgently withdraw the impermissible conditions imposed on Twitter pending the final determination of the suit at the ECOWAS…

Agricultural outputs rise by N700bn amid worsening insecurity

The National Bureau of Statistics says total agriculture output in the second quarter of the year rose to N9.3tn from N8.6tn recorded in the first quarter. This resulted in an…

We’ve completed incorporation of NNPC as limited liability company – CAC

The Corporate Affairs Commission on Wednesday said it had completed the incorporation of Nigerian National Petroleum Company in line with the provisions of the Petroleum Industry Act. The commission’s Registrar-General,…

Naira exchanges 580 to the dollar

The naira exchanged to the dollar at 580 on Friday, while the Pound Sterling traded for 780 at the parallel market. Some Bureau de Change operators who spoke to our…

More banks to publish lists of forex defaulters

There are indications on Saturday that more banks will publish names and account details of customers who purchased cheap forex from the banks for Business Travel Allowance and Personal Travel…