Most Recent Articles by

Rhoda Onuzulike

Tinubu Signs N2.17Tn Supplementary Budget

President Bola Tinubu has signed the 2023 supplementary appropriation bill of N2.17 trillion into law. Tinubu signed the Supplementary Appropriation Act, 2023 in his office...

Federal Govt. Saves N1.45tn From Subsidy Removal

The federal government of has so far saved about N1.45tn from earnings generated from the removal of subsidy on Premium Motor Spirit, popularly called...

Airport Workers Begin Strike in Imo

Travellers and airlines navigating through Imo State might need to explore alternative options, given the aviation unions’ decision to initiate a complete withdrawal of...

Naira Slides Further to N1,080

The Naira continued its free fall against the dollar on Tuesday, depreciating to N1,080/$ in the parallel market. This is 4.85 per cent decline when...

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Enugu Air Plane Skids Off Runway At Benin Airport

An Enugu Air aircraft veered off the runway after landing at Benin Airport on Thursday, prompting an emergency response and a formal investigation by aviation authorities. The airline confirmed that all passengers and crew members were safely evacuated from the aircraft and that no injuries or fatalities were...

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...