Emirates Fixes Date For Flights Resumption
Emirates will resume services to Nigeria from 1 October 2024, operating a daily service between Lagos and Dubai, the airline announced on Thursday. This is...
Naira Appreciates To N1,392/$ In Parallel Market
THE Naira yesterday appreciated to N1,392 per dollar in the parallel market from N1,396 per dollar Tuesday. Similarly, the naira appreciated to N1,369 per dollar...
Naira Drops On Parallel Market To N2,000/1£
The local currency in Nigeria (Naira) is currently trading at over 2,000 Naira against the British pound in the parallel market Malam Ibrahim, a Bureau...
FG Debt Repayments Surpasses 2025 Budget Allocation By Nearly N2tn
Federal government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the...
IMF: Nigeria’s Banks Need Stronger Safeguards After Recapitalisation
The International Monetary Fund (IMF) has urged Nigerian authorities to strengthen regulatory safeguards in the banking sector following recapitalisation, warning that “the sovereign and...
Nigeria Lost $77.7 Billion To Trade-Related Illicit Financial Flows In 10 Years — GFI Report
A new report by Global Financial Integrity (GFI), a United States-based think tank, has revealed that Nigeria lost an estimated $77.7 billion to trade-related...
Budget Office: Ben Akabueze Out, Tanimu Yakubu Kurfi In
President Bola Ahmed Tinubu has approved the appointment of Mr. Tanimu Yakubu Kurfi as the Director-General of the Budget Office of the Federation, following...
Naira Appreciates To N1,396/$ In Parallel Market
THE Naira yesterday appreciated to N1,396 per dollar in the parallel market from N1,400 per dollar last Thursday. However, the naira depreciated to N1,389 per...
Senate Approves Buhari’s $22.7bn Loan Request
The Senate, on Thursday, approved the $22.7bn loan request of President Muhammadu Buhari, after a heated debate that ended up in a closed session. The...
We’re Worried Over Naira Depreciation — Senate
The Senate Committee on Finance has expressed worry over the instability and continuous depreciation of the naira. According to the Senate, the persistent depreciation of...
