BRITISH AIRWAYS MAY CANCEL FREE MEALS IN 2017
The British flag carrier, British Airways may have concluded plans to cancel free meals for short-haul economy fares from next year as passengers may...
EU ASKS NIGERIA TO DEVALUE THE NAIRA
As Nigeria grapples with economic recession, the European Union (EU) has asked the Federal Government to devalue the Naira-the country’s currency.
The Naira officially exchanges...
FOREIGN RESERVE LOST $5.5BN IN Q2, 2016 – CBN
Latest figures from the Central Bank of Nigeria, CBN, shows that the country’s external reserve has lost a total of USD5.5 billion this year,...
NNPC DIRECTS STATIONS TO SELL KEROSENE AT N150 PER LITRE
The official pump price of kerosene is now N150 per litre, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti...
MTN DENIES ILLEGALLY MOVING $13.9B OUT OF NIGERIA
South African telecoms giant MTN has denied illegally moving $13.92 billion out of Nigeria
The Nigerian Senate resolved on Tuesday to investigate the allegation that...
NCC RAKES IN OVER N47BN IN SPECTRUM SALES IN ONE YEAR
The Nigerian Communications Commission (NCC) has revealed that it generated over N47 billion from the sales and renewal of spectrum licences alone in the...
NAIRA STRENGTHENS AGAINST DOLLAR AT INTERBANK MARKET
The Naira on Friday appreciated against the dollar at the interbank market, after sustaining losses for two days, the News Agency of Nigeria (NAN)...
SANUSI BACKS MPC’S DECISION NOT TO CUT INTEREST RATE
The Emir of Kano and former Governor of the Central Bank of Nigeria, Muhammadu Sanusi II has backed the recent stand by the Monetary...
GUINNESS NIGERIA SECURES $95M LOAN FROM DIAGEO
Guinness Nigeria said on Wednesday that its parent company, Diageo had given it a $95million term loan to support its dollar needs through foreign...
CBN RETAINS LENDING RATE AT 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate at the current rate of 14 per...
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Fubara Moves Wike’s Loyalists In New Cabinet Reshuffle
Governor Siminalayi Fubara of Rivers State has reshuffled his cabinet, moving two allies of Nyesom Wike, Minister of Federal Capital Territory (FCT),...
Why We Can’t Review Rivers Caretaker C’ttee List — PDP
The Peoples Democratic Party (PDP), on Tuesday, said it cannot take any action on the contentious Rivers State Caretaker Committee list because...
Kogi Assembly Blasts EFCC, Demands Removal Of ‘Wanted’ From Yahaya Bello’s Name
Kogi House of Assembly has asked the Economic and Financial Crimes Commission (EFCC) to vacate the ‘wanted’ tag it placed on the...