Naira depreciates further against dollar, as CBN injects $7.6bn to defend currency

Nigerian currency – Naira – started the new week with another loss, to make it four…

Aviation workers protest, disrupt activities at Lagos airport

Workers’ unions in the aviation industry, on Monday, staged a peaceful protest at the Lagos airport.…

Again, Angola beats Nigeria in crude oil production

Nigeria has again lost its position as Africa’s largest oil producer after production fell to 972,394…

Crisis looms in N/Delta creeks as Asari Dokubo opposes Tompolo’s N4.5bn pipeline contract

* Says: You can’t eat alone * Vows to wage war against Tompolo’s armed men in…

Electricity workers flay tariff hike amid poor service delivery

Electricity workers, under the aegis of the National Union of Electricity Employees (NUEE), have disclosed that…

Nigeria losses $2.7bn as oil production falls below 1mb/d

Nigeria’s oil production fell below the one million barrels per day mark in August costing the country…

Finance Minister Zainab Ahmed predicts further crash of Naira

The Federal government expects its local currency – the Naira – to weaken further over time…

Peter Obi in New York, consults Okonjo-Iweala on Nigeria’s economic recovery plans

The Labour Party (LP) presidential candidate, Mr. Peter Obi, has met with the Director General of…

FG threatens to sanction airlines selling tickets in dollars

The Federal government, on Wednesday, vowed to sanction foreign airlines selling tickets to Nigerians in dollars,…

Oil firms shutting operations due to crude theft, pipeline vandalism, PENGASSAN cries out

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised the alarm that…