Nigeria’s foreign reserves plummeted further at $34.85 billion on December 14, as the Central Bank of Nigeria (CBN) continues its interventions across the various...
A leading global investment banking firm, Goldman Sachs Group, this week, predicted that a significant devaluation of the naira is expected within the next 12 to 18 months.
Scarcity of dollars has hit Nigeria in the wake of the raging coronavirus epidemic making Naira to collapse from N366/$1 to N375/$1 as speculators begin to ramp up their dollar reserve.
Twin explosions have unsettled the People’s Democratic Party (PDP) secretariat in Port Harcourt, Rivers State.
The explosion, which occurred at about 3pm Thursday during the...
The House of Representatives Committee on Public Accounts has summoned the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari, to...