Saudi Arabia Cancels Visas of 264 Passengers Airlifted by Air Peace, Demands Return to Nigeria
Saudi Arabia has cancelled the visas of all 264 passengers airlifted by Air Peace upon arrival in Jeddah. The Saudi...
Business
NNPC Resolves Dispute: TotalEnergies Oil Production Restored to 275,000 Barrels Per Day
The Nigerian National Petroleum Company (NNPC) Limited has successfully brokered a peace deal that led to the restoration of oil...
UI and Edurex Technologies Collaborate to Revolutionize Online Learning in Nigeria
The University of Ibadan (UI) and Edurex Technologies have joined forces to bring you a fusion of academic excellence and...
Shipping, Clearing, and Forwarding Agencies to Halt Operations as SSASCFA Announces Nationwide Strike
The Senior Staff Association of Shipping, Clearing, and Forwarding Agencies (SSASCFA) is gearing up for a nationwide strike set to...
Fuel Subsidy Removal and FX Unification to Drive Inflation to 30%, Says KPMG Report
KPMG, a global financial advisory service firm, has forecasted that Nigeria's headline inflation will surge to 30% by December 2023....
Imported Goods Face Hike in Prices as CBN Alters Exchange Rate Used by Nigeria Customs Service
The Customs duty payable on imported items at Nigeria's seaports has surged following the Central Bank of Nigeria's (CBN) recent...
Afrinvest Predicts 27.9% Inflation Rate for October 2023 Due to FX Depreciation
Afrinvest West Africa analysts are anticipating a further uptick in Nigeria's headline inflation rate, forecasting a rise to 27.9% for...
Lawmaker Raises Alarm Over Pirate Attacks on Fishermen in Akwa Ibom, Seeks Urgent Intervention
The House of Representatives has issued a directive to the Chief of Naval Staff and relevant security agencies to take...
Central Bank of Nigeria Affirms That All Banknotes, New and Old, Remain Legal Tender
The Central Bank of Nigeria (CBN) has clarified that all banknotes, whether old or new, remain valid legal tender in...
NUPENG Trustee Highlights Reasons for Persistent Fuel Scarcity in Nigeria
Fuel scarcity in Nigeria may persist due to several factors including non-functional refineries, instability in the naira-to-dollar exchange rate, overreliance...
