On Wednesday, Naira depreciated against the dollar both at the official and parallel market in the foreign exchange (FX) market. The devaluation was a result of the high demand for the dollar.The nair...
The Minister of Aviation and Aerospace Development, Festus Keyamo has ordered the suspension of the Nigeria Air project and the concession project, stressing that he owes it to the government and Nige...
Gbadebo Rhodes-Vivour, the gubernatorial candidate of the Labour Party (LP) in the previous Lagos elections, has expressed his satisfaction with the commencement of operations of the blue line rail se...
The long-anticipated Lagos Blue Rail which was expected to start operation between March to August has now been rescheduled to begin operation on Monday, September 4, 2023.This great achievement was a...
On Tuesday, the United Nations Children's Fund told the Federal Government of Nigeria that UNICEF is still on its mandate to support humanitarian response and poverty alleviation in Nigeria—th...
At a pivotal event in Lagos, a convergence of diverse stakeholders recently took place, signaling the promise of propelling Africa towards the Sustainable Development Goals (SDGs) fulfillment. Jointly...
It's not up to a week after the apex governor had a closed-door meeting with President Tinubu in the Presidential Villa on ways to stop the naira from devaluation. After the meeting with the President...
On August 17th, 2023, the unofficial market for currency exchange in Nigeria displayed further positive movement in the naira-dollar exchange rate. Similarly, the official Investors and Exporter...
Transcorp Power Ltd has solidified its presence within Nigeria's power sector by acquiring a significant 60% stake in Abuja Electricity Distribution Company (AEDC). This strategic maneuver aligns with...
Tourism's emergence as a catalyst for economic growth and foreign exchange earnings in Nigeria has garnered attention. The nation's blend of cultural heritage, natural landscapes, and historical impor...