Economy
Lufthansa to Halt Flights to Abuja While Airport Is Repaired
Deutsche Lufthansa AG became the first airline to announce it will suspend its route to Abuja, Nigeria’s capital, while the...
Read moreDetails2017 budget: Senate, SGF face-off deepens
The face-off between the Senate and Secretary to the Government of the Federation, Babachir Lawal, deepened on Thursday following the...
Read moreDetailsNigeria’s naira, Ghana’s cedi to steady as regulators step in
Nigeria's naira, Ghanaian cedi set to steady in the coming week as regulators step in to meet forex shortages, while...
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FCDA didn’t pay rent to NASS – Melaye
Sen. Dino Melaye has said that the Federal Capital Development Authority (FCDA) does not pay rent to the leadership of...
Read moreDetailsGas, kerosene hike: Abuja residents resort to firewood, charcoal
Some Abuja residents are now using firewood and charcoal for cooking following the astronomical increase in the price of kerosene...
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Nigeria capital imports plunged to nine-year low in 2016
Nigeria's capital imports slumped to a nine-year low in 2016 as Africa's biggest economy battled a weaker currency and its...
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CBN sells $660 mln forwards to clear backlog of dollar demand – traders
CBN has sold $660 million in three- and five- month currency forwards at an auction aimed at clearing a backlog of...
Read moreDetailsAU salutes Nigeria on terrorism war
Smail Chergui, The 28th African Union Summit has commended Nigeria’s role in the fight against terrorism in West Africa and...
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PMI reverses December gains to 48.2 index point
The manufacturing sector Purchasing Managers Index (PMI) has reversed its previous gains, declining to 48.2 index points in January 2017...
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Suspicious, frivolous items worth N466 billion identified in Budget 2017
A total of 27 Nigerian Ministries, Departments and Agencies (MDAs) appear to have padded the 2017 budget by up to...
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