News

The value of the naira depreciated at the unofficial market on Wednesday as it traded at  1,705/dollar, according to Bureau De Change operators in Lagos and Abuja. A BDC operator

Abuja—The Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, said yesterday that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as at October 11. He

A High Court of the Federal Capital Territory (FCT) in Maitama High Court has restrained the Economic and Financial Crimes Commission (EFCC) from arresting or detaining a former Minister of

Emma Ujah, Abuja Bureau Chief The World Bank Vice President and Chief Economist, Mr. Indermit Gill said yesterday that the Federal Government should sustain ongoing reforms despite the hardship on

The national electricity grid collapsed again on Monday evening. The grid collapsed at about 6:18 pm on Monday, leaving the masses in darkness. Checks by our correspondent showed that power

The Federal Government, through the Nigerian Customs Service, will on Monday (today) ground over 60 private jets owned by very important persons in the country over unpaid import duty running

The Nigerian Air Force is set to acquire another set of fighter jets and helicopters to boost its combat capabilities. The aircraft are 24 M-346 Fighter Ground Attack jets and

A former Presidential spokesperson, Dr Doyin Okupe, says Nigerians criticising President Bola Tinubu’s trip to the United Kingdom for a two-week holiday are uninformed. Okupe expressed the view in an

Cameroon’s government has banned the media from discussing the health of President Paul Biya, Africa’s second-longest-ruling leader, amid rumours the 91-year-old is gravely ill, according to a document obtained by

A província de Luanda vai acolher, nos próximos dias, uma cimeira sobre o Corredor do Lobito, com a participação do Presidente dos Estados Unidos da América, Joe Biden, dos Chefes