Most Recent Articles by

Rhoda Onuzulike

Lagos Slashes Bus, Train Fares by 25%

The Governor of Lagos State, Babajide Sanwo-Olu, has slashed state-regulated bus and rail transport fare by 25%. The Lagos State Metropolitan Area Transport Authority made...

Anambra, Agency okay N1b Loans for SMEs

Anambra State and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have reached agreement to provide up to N1 billion to support the...

Federal Govt. Pays Pensioners N1bn Accrued Rights

The Federal Government of Nigeria says it has finalised payment of N1.02bn to 7, 091 pensioners of the Power and Transport Sectors of the...

Operators Caution Currency Speculators as Naira Gains

The Association of Bureau de Change Operators of Nigeria has warned currency speculators to be wary as the Naira strengthens further against the United...

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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...