The Nigeria Customs Service has accused terminal operators and clearing agents of undermining the newly installed $120m scanners. The Customs Area Controller in charge of TinCan Island Ports, Mr Adekunle…

The President, Major General Muhammadu Buhari (retd.), on Sunday, in Daura, approved the Central Bank of Nigeria’s request to extend the deadline for swapping of old naira notes with the…

A report by FITC has revealed that bank customers in Nigeria lost a total of N2.72bn to fraud in the first and second quarters of 2022. It was also disclosed…

In a developing nation like Nigeria, national elections have a very huge impact on the performance of all sectors of the economy, including the real estate market. In the sector,…

Ahead of the January 31 deadline for the discontinuation of the old naira notes, Anambra residents have besieged banks and markets across major cities of the region. Our correspondent who…

The Central Bank of Nigeria has again said that the January 31 deadline for the validity of the old 200, 500 and 1,000 naira notes remains unchanged. This is as…

The Imo State Government has revealed its plans to boost economy in the state using tourism. Speaking during a Saturday webinar, titled ‘Opportunities in tourism in Imo State,’ organised by…

British airline Flybe on Saturday said it had ceased trading and all flights had been cancelled. “We are sad to announce that Flybe has been placed into administration,” the airline…

The 2022 floods in various parts of Nigeria led to an estimated economic loss of $9.12bn (N4.2tn as at Friday’s official exchange rate of N460.78/$), the Federal Government announced on…

The Nigerian Exchange Ltd closed negative due to buy-interests and sell-offs in large and small capitalised stocks. Also, the market capitalisation dropped by N52 billion to close at N28.681 trillion…