Aviation Fuel Now N714/Litre   There are fears that, at least, three domestic airlines may close shop in the coming months due to the continuous rise in the price of Jet A1, otherwise known as aviation fuel. The Airline Operators of Nigeria...

Nigeria’s Forex Reserves To fall, CBN Plans $1.7bn Arrears Payment   Nigeria’s forex exchange reserve will fall in 2022 as the Central Bank of Nigeria (CBN) plans to clear about $1.7bn in FX backlog to foreigners and FX forward contracts, the...

Why Petrol Queues In Abuja Won't End Soon — Marketers   Petrol marketers have attributed the lingering queues at petrol stations in Abuja and other northern state capitals to the high cost of freighting the product from coastal depots. The National President...

Inflation Increases To 17.71%, Now 11 Month High   The National Bureau of Statistics (NBS) yesterday said from the 16.82 per cent in April, this year, inflation rose to 17.71 per cent last month, hitting 11 months high. According to its document...

CBN Boosts Sesame, Cocoa Exports With N21bn Disbursement The Central Bank of Nigeria (CBN) has disbursed N21bn to boost the production and export of cocoa and sesame seeds. According to the bank, the CBN Governor, Godwin Emefiele, disclosed this at the...

A Timely 'Code of Practice for Online Platforms in Nigeria, by Mahmud Abdulsalam   The National Information Technology Development Agency, NITDA, is one government organisation so-much concerned and sincerely worried over rising insecurity, in the country. It has, and is still doing...