Again, Emirates Airlines suspends flights from Nigeria
Emirates Airlines has suspended flights from Nigeria to Dubai for two weeks, until February 28 2021. It said travellers from both Abuja and Lagos would not be accepted for travel…
Fuel scarcity looms as marketers disrupt fuel loading
Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum products at private depots in Apapa as well as Ibadan, Ejigbo and Mosimi depots belonging…
FG plans more borrowing from domestic sources
The Federal Executive Council at its meeting on Wednesday approved a new Medium-Term Debt Management Strategy for Nigeria, for the period of 2020 to 2023. The strategy allows the government…
CBN instructs banks to accept permissible IDs for refugees
The Central Bank of Nigeria has ordered banks and other financial institutions to accept Machine Readable Convention Travel Document issued by Nigeria Immigration Service; and the Refugee Identify Card issued…
Foreign exchange inflow drops to $5.7bn in one month
Nigeria recorded $5.7bn foreign exchange inflow into the country in November 2020. This was a drop from $6.47bn and $7.34bn recorded in October and September respectively. The Central Bank of…
#EndSARS: Rinu Oduala Threatens To Sue CBN — After Court Unfreezes Her Account
Rinu Oduala, a youth representative of the Lagos judicial panel on police brutality, has threatened to sue the Central Bank of Nigeria (CBN) for freezing her bank account for three…
TUC tackles Sylva as FG says fuel price pain looms
The Trade Union Congress on Tuesday took a swipe at the Minister of State for Petroleum Resources, Chief Timipre Sylva, who told Nigerians to prepare for the pain associated with…
Petrol landing cost rises to N180, oil crosses $60
The landing cost of Premium Motor Spirit (petrol) imported into the country has risen by 13.34 per cent in one month to about N180 per litre on the back of…
IMF rules out Nigeria’s full economic recovery before 2022
Nigeria’s recovery from the impact of the COVID-19 is expected to be weak and gradual under current policies, the International Monetary Fund said on Monday. The IMF also stated that…
FG planning to replace BVN with NIN – Minister
The Minister of Communications and Digital Economy, Dr Isa Pantami, has said the Federal Government plans to replace Bank Verification Numbers with the National Identity Numbers. The minister said this…














