News

Devaluation looms for Nigeria

The Nigerian naira’s recovery in the forwards market may be deceptive. The currency is destined to weaken, however long policy makers hold out. Six-month contracts declined to their lowest level since September last week as crude oil, Nigeria’s top export, … read more

Arik passengers stranded at Kaduna airport

Arik Airline passengers, including children have been stranded at Kaduna International Airport since Tuesday, following failure to airlift them as scheduled. The disappointed passengers, who could not hide their anger, when the Minister of State, Aviation, made on-the-spot assessment of the … read more