Nigeria’s naira tumbled to record low of 860 per dollar on the black market on Thursday, as the central bank’s plan to replace old notes next month with new ones…
Read More How CBN’s policy move pushed Naira to free fall on black market
Category: Economy
Again, Emirates Airline suspends flight operations to Nigeria over trapped funds
Our reporter| Emirates Airline for the second time this year has suspended flight operations to Nigeria over its inability to repatriate funds trapped in the country. According to a statement…
Read More Again, Emirates Airline suspends flight operations to Nigeria over trapped funds
Reps summon finance minister, reject AuGF’s office budget
Our reporter| The House of Representatives Committee on Public Accounts on Thursday summoned the Minister of finance, Zainab Ahmed; the Director-General, Budget Office of the Federation, Ben Akabueze; and the…
Read More Reps summon finance minister, reject AuGF’s office budget
Julius Berger holds investor relations forum
·“The Company, today, is endowed with the largest market share, and have limited competition of similar scale, quality, and financial capacity….”, says Managing Director, Engr. Dr. Lars Richter Julius Berger…
Read More Julius Berger holds investor relations forum
Report: Glencore moved bribe cash in private jets to Nigeria – UK prosecutors
Employees and agents of Glencore, a British subsidiary of mining and trading group, delivered cash in private jets to oil officials in West Africa including Nigeria, according to UK prosecutors.…
Read More Report: Glencore moved bribe cash in private jets to Nigeria – UK prosecutors