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Naira Crashes to Record Low Against Dollar...See Latest Exchange Rate

Naira Crashes to Record Low Against Dollar…See Latest Exchange Rate

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The Naira exchanged N500/$1 at the parallel market on Friday, November 27, 2020, to see it crash to an all time low, according to Nairametrics. This comes as Forex turnover dropped by 52.2%. However, the Naira’s...
Nigerian Government To Exempt Minimum Wage Earners From Paying Tax

Nigerian Government To Exempt Minimum Wage Earners From Paying Tax

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President Muhammadu Buhari has said minimum wage earners would be exempted from Personal Income Tax payment. Buhari said the plan was one of the proposals in the 2020 Finance Bill pending before the National Assembly. Vice...
US Mission: Nigeria Not Included In Visa Bond Pilot Programme

US Mission: Nigeria Not Included In Visa Bond Pilot Programme

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The United States mission in Nigeria says Nigeria is not included in the visa bond pilot programme which was issued by the outgoing President Donald Trump’s administration on Monday. In a statement, the U.S. mission...

President Buhari To Commission 5,000 bpd Modular Refinery Tomorrow

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It is believed that Some relief may come the way of Nigerians with commissioning of the 5000 barrels per day modular refinery formally by President Muhammadu Buhari on Tuesday this week, at Ibigwe, Ohaji/Egbema...
Strike Looms As labour Walks Out On Meeting With FG On Fuel Price, Electricity Hike

Strike Looms As labour Walks Out On Meeting With FG On Fuel Price, Electricity...

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Labour leaders, on Sunday, walked out of a meeting with the federal government over the recent hike in the pump price of premium motor spirit (PMS), otherwise known as fuel. The Petroleum Products Marketing Company...
Labour To Federal Government: Reverse Petrol Price To N160

Labour To Federal Government: Reverse Petrol Price To N160

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Labour unions are demanding a reversal of recent hike in the petrol price, saying they did not endorse deregulation that is anchored on price hike. The General Secretary of Nigeria Labour Congress (NLC), Emma Ugboajah,...
Inside Illicit Trade In West Africa’s Oldest Artworks – Part 1

Inside Illicit Trade In West Africa’s Oldest Artworks – Part 1

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Outside it has become night. In front of the windows of one of Abuja’s grandest hotels, the pool shines turquoise blue. Finally, the phone rings. It is the hotel’s front desk, announcing a guest. The...

BREAKING: Nigeria Officially Slides Into Worst Recession Since 1987

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According to gross domestic product numbers released by the National Bureau of Statistics on Saturday, the nation recorded a contraction of 3.62 percent in the third quarter of 2020. The Cable reports that the world’s...

Analysis: Biden’s Margin of Victory Widens As Trump’s Subversion Efforts Grow More frantic

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Overturning elections sounds like the stuff of secret deals in smoke-filled rooms, but President Donald Trump's not even trying to hide his effort to subvert the results of the election as President-elect Joe Biden's...