President Muhammadu Buhari has asked the parliament to extend his medical leave in the UK, amid concerns that his health may be worse than officials are publicly saying. The 74-year-old leader, who has been out of the country for two … read more
The naira dropped to a record low of 500 to the dollar on the black market on Monday, even though Nigeria’s foreign reserves rose to their highest in a year, as demand for the US currency grew and the central … read more
Nigeria’s President Muhammadu Buhari is apparently unwell. Or he might not be. Either way, it’s enough for his health to have increasingly become a national talking point. The 74-year-old former army general had been due to resume work on Monday … read more
Nigeria’s naira was quoted as low as 499 to the dollar on the black market on Tuesday, 39 percent weaker than on the official market, where the central bank has been selling the greenback to support the local currency. On … read more
Bristow Helicopters has introduced special fixed wing flight operations between Lagos, Port Harcourt and Abuja for high net-worth customers, using Embraer airplanes. The high brow service targets oil and gas companies, business executives from other sectors and top government functionaries … read more
Unless the Federal Government reviews its visa policy with the United States of America, Nigerians will no longer enjoy visas to the US with two-year validity, according to an Executive Order issued on Friday by President Donald Trump. Section 9 … read more
A Nigerian “super-polygamist”, Alhaji Mohammed Abubakar Bello Masaba, who had at least 86 wives has reportedly died at his home in Bida, Niger state. According to the Daily Trust newspaper, the Islamic preacher died on Saturday afternoon, following a brief … read more
The Central Bank of Nigeria hit out at critics of its foreign exchange policy, describing them as “unpatriotic” in a statement released Friday. Nigeria’s government has come under intense criticism for propping up the naira at 305-315 to the dollar … read more
Around 1.8 million people are at risk of starvation in northeast Nigeria, victims of an Islamist insurgency that is undermining efforts by the World Food Programme (WFP) to ferry in aid, it said on Friday. The Boko Haram insurgency has … read more
Minister of Transport, Hon. Rotimi Amaechi, yesterday said that one of the airlines operating at the Nnamdi Azikiwe International Airport, Abuja has been grounded due to gear damage caused by bad runway. The minister said that the Federal Government was … read more