Monday, May 4, 2026
CBN forex intervention hits $43.5bn in 15 months
The Central Bank of Nigeria injected over $43.52bn to defend the nation’s currency in the foreign exchange market.The15-month period covered...
Read moreDetailsNormalcy returns to Lagos airport as international airlines end diversions
By Samson Echenim After nearly two weeks of inclement weather that made it impossible for international carriers to land at...
Read moreDetailsBREAKING: Lagos-bound Maersk container ship under pirates attack
By Samson Echenim  Maersk Tema, a mega container ship owned by Maersk Group is currently under pirates attack. The ship...
Read moreDetailsLagos shuts down 16 companies over N126.19m tax evasion
The Lagos State Internal Revenue Service (LIRS) on Friday announced that it had closed 16 companies in the state over...
Read moreDetailsLagos-bound passengers stranded in Ghana, Senegal
Hundreds of Lagos-bound passengers are said to be stranded in Accra, Ghana, Dakar, Senegal and Cotonou, Benin Republic as poor...
Read moreDetailsNami blames FIRS target failure on waivers, overheads
Mohammed Nami, the executive chairman, Federal Inland Revenue Service, has blamed the inability of the service to meet its revenue...
Read moreDetailsNigeria’s oil exports fall as explosion shuts pipeline
The nation’s oil exports have suffered a setback as an oil pipeline explosion forced the Nigeria Agip Oil Company, a...
Read moreDetailsMalpass, World Bank president, wrong, says AfDB on its role in Africa’s debt profile Â
By Samson Echenim The African Development Bank (AfDB) has described as inaccurate, alleged statement by World Bank President, David Malpass...
Read moreDetailsNigeria’s airspace suffers visibility failure forcing multiple flight diversions across its airports
By Samson Echenim Nigeria's international airports in Abuja and Lagos, the country's commercial hub city continue to suffer flight diverts...
Read moreDetailsOil prices push up the trend following last night’s descent
The latest crude oil price rally was nipped in the bud last night by the news that 15,000 new...
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