Naira Gains N15 in Parallel Market The Naira yesterday appreciated to N1, 580 per dollar in the parallel market from N1,595 per dollar on Wednesday. Similarly, the Naira yesterday appreciated to N1,570 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that...

Otedola backs Tinubu’s Windfall tax, Blasts Bank Chiefs for Owning Private Jets Dear Members of the Press, I am writing to express my strong support for the implementation of a windfall tax in Nigeria and to highlight the critical role this measure plays in fostering a...

Dangote Refinery Needs N1.7tn Worth of Crude Supply Monthly The Dangote Petroleum Refinery is going to need about N1.7tn worth of crude oil monthly following the directive of President Bola Tinubu mandating the Nigerian National Petroleum Company Limited to sell crude to the plant and...

Arik Air Suspension Based on Court Order, Expert Clarifies A public affairs analyst, Zayyad Muhammad, says the decision of the Minister of Aviation and Aerospace Development, Festus Keyamo, to suspend the activities of Arik Air is in accordance with a court order. In a letter on...

Hardship Protest Grounds Markets, Banks, Others in Abia Residents of the two major cities in Abia state, Umuahia, the state capital, and Aba, the commercial nerve of the state, stayed away from their shops and business premises on Thursday, August 1, following the uncertainty of...

HUNGER PROTEST: Business Centres Locked, Deserted in Lagos By Zeenat Sambo Traders in many parts of Lagos State have locked up their businesses as protesters begin demonstration at the government Secretariat in the Alausa Area of the state today. As of the time of filing this report,...