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Naira depreciates N1,629/$ in official market

By Elizabeth Adgbesan THE Naira yesterday depreciated to N1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the

Traffic locks down Lagos Island, VI

Traffic congestion on Victoria Island, Ikoyi and Lekki areas of Lagos entered a second day yesterday, leaving motorists and commuters in anguish.  The cause of the gridlock was the close from

Trump’s tariff threatens $10bn US-Nigeria trade

The newly imposed 14 per cent tariff by US President Donald Trump on exports by Nigerian businesses presents a significant risk to the $10bn annual exports to the United States,