ECOWAS Donates $1m to Assist Nigeria’s Vulnerable Families Nigeria has been given one million dollars by the Economic Community of West African States (ECOWAS) to boost food and nutrition needs in Katsina, Zamfara and Borno States. This is contained in a joint statement by the Ministry...

Jet-A1 Hike: Aviation Crisis Lingers As Airlines, Marketers Fail To Agree On New Price Local airlines under the aegis of Airline Operators of Nigeria (AON), have  suspended their threat to shut down flight operations over the outrageous hike in price of Jet – A1 fuel. This...

N17bn Fraud: EFCC Arrests US-bound Obiano at Lagos Airport Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday arrested the immediate past Governor of Anambra State, Willie Obiano, at the Murtala Muhammed International Airport, Lagos. Obiano was arrested while trying to board...

World Bank: Nigeria Couldn’t Save $342.1m with DSSI The World Bank report says Nigeria could have saved about $342.1m between January and December 2021 through the Debt Service Suspension Initiative (DSSI). This was disclosed on its website in a brief on Debt Service Suspension Initiative updated...

Naira Falls to N585 per Dollar In the parallel market for foreign exchange, the Nigerian naira has dropped to N585 against dollar. The figure represents N4 or 0.7 percent depreciation compared to the N581 it traded last week. According to Bureau De Change (BDCs), popularly known...

Reps Probe 77 Oil Firms Over Unremitted N2.6trn Revenue   The House of Representatives, on Tuesday, commenced investigative hearing on the N2.6tn owed the Federal Government by 77 oil companies operating in Nigeria. The House is acting on the 2019 report of the Nigeria Extractive Industry Transparency...