Most Recent Articles by

Rhoda Onuzulike

Foreign Airlines Concern Over Naira Depreciation

The International Air Transport Association, the Geneva-based trade association representing world airlines, has expressed fears that foreign airlines operating in Nigeria, may lose about...

NNPCL Board Approves Dollar Revenue Transfer to CBN

The Central Bank of Nigeria has created a department to deal with crude oil sales transactions by the Nigerian National Petroleum Company Limited, the...

Fed Govt. Offers Two Savings Bonds For February

After its successful inaugural listing for 2024, the Debt Management Office (DMO) has announced two federal government savings bonds for February 2024. The bonds listed...

Egypt Non-Oil Business Shrinks On Inflation – PMI

Non-oil private sector activity in Egypt shrank for a 38th month in January as inflation pressure and the conflict in Gaza continued to weigh...

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US And Saudi Arabia Sign Landmark Civilian Nuclear Agreement

The United States and Saudi Arabia have announced a landmark agreement to establish a civilian nuclear programme in the kingdom, a move expected to strengthen bilateral ties while drawing scrutiny over its potential impact on regional security. The agreement, unveiled on Wednesday, is expected to create billions of...

Nigeria’s External Reserves Hit $52.5bn As Import Cover Improves

Nigeria’s gross external reserves have climbed to $52.52 billion, enough to cover approximately 11 months of imports, according to the Central Bank of Nigeria (CBN). CBN Governor Olayemi Cardoso disclosed this on Tuesday after the 306th Monetary Policy Committee (MPC) meeting in Abuja. The announcement came as the committee...

DSS To Appeal Life Sentences For Oriire Abduction Convicts

The Department of State Services (DSS) has announced plans to challenge the life imprisonment sentences handed to three men convicted over their involvement in the abduction of school pupils and teachers in Oriire Local Government Area of Oyo State. The DSS said it is dissatisfied with the judgment,...