News

NCAA summons Emirates over dollar for tickets

The Nigerian Civil Aviation Authority (NCAA) has summoned officials of Emirates Airlines to a meeting on Wednesday (today), as it continues its investigations into allegations that the airline recently asked its passengers travelling out of Nigeria to pay for air … read more

EU advises Nigeria to devalue Naira

European Union (EU) official Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession. Amato, Counsellor, Head of Trade and Economics Section of EU, made this known in an interview … read more

NAF Destroys Illegal Refineries in Rivers

Nigerian Air Force ( NAF) has some destroyed illegal refineries and barges in the Niger Delta, its spokesman Group Capt. Ayodele Famuyiwa, said in a statement in Abuja on Monday “In its concerted efforts to stop illegal bunkering and criminal … read more

Corruption warning on Nigeria currency policy

Nigerian bankers, businesspeople and foreign investors have warned that the government’s management of its currency system is fuelling corruption, in another blow to market confidence in Africa’s top oil producer. The Nigerian central bank raised concern when it unveiled new … read more