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Air Peace has reduced its London flight fares by ₦600,000 as part of a new promo, offering travelers significant savings and a free extra luggage allowance. The promo runs until March 31, with an extended travel period until April 15. The airline also rewarded lucky winners at a recent awards...
Dangote Refinery has halted fuel supply to Nigeria after the collapse of its naira-for-crude deal with NNPC. With crude now purchased in dollars, fuel exports continue, raising concerns over shortages and price hikes. Stakeholders urge a swift resolution to avoid economic disruptions and ensure...
A Federal High Court has dismissed NNPCL’s bid to stop Dangote Refinery’s ₦100 billion lawsuit challenging fuel import licenses. The ruling also rejected the FCCPC’s intervention request. The case, which could reshape Nigeria’s petroleum sector, will continue in March as Dangote fights to limit...
NASA astronauts Butch Wilmore and Suni Williams returned to Earth after a nine-month mission aboard the ISS. Originally planned for eight days, their stay was extended due to technical issues with Boeing’s Starliner. They returned via SpaceX’s Crew-9 capsule, completing vital research and...
Google has announced plans to acquire cloud security firm Wiz for $32 billion in an all-cash deal. The acquisition will enhance Google Cloud's cybersecurity capabilities, provide businesses with better protection, and offer more multi-cloud options. The deal is subject to regulatory approvals...
Aliko Dangote plans to build Nigeria’s largest seaport in Ogun State and expand cement production with a 6Mta plant in Itori. The investment revival follows Governor Dapo Abiodun’s investor-friendly policies. Ogun State is set to become Africa’s top cement producer, strengthening its position as...
![Today's Naira Rate [18-03-2025] : Naira Surges to N1,590 Against Dollar, Official Rate Sees Minor Decline](/data/attachments/214/214550-858dd3e319da292900a928fdb5f07e60.jpg?hash=PERHMQHP25)
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Today's Naira Rate [18-03-2025] : Naira Surges to N1,590 Against Dollar, Official Rate Sees Minor Decline
The naira appreciated to N1,590 per dollar in the parallel market, gaining from N1,600 per dollar last weekend. Meanwhile, the official exchange rate depreciated slightly to N1,549 per dollar. The gap between both markets narrowed to N41 per dollar, reflecting ongoing forex market fluctuations...
Aliko Dangote has accused ex-Ogun State Governor Ibikunle Amosun of demolishing his cement factory twice. He made this claim during a meeting with Governor Dapo Abiodun, crediting him for encouraging investment. The allegations have fueled debate, with Amosun yet to respond to the accusations...
The federal government has awarded the Lagos ports renovation contract to Chagoury Group, led by Gilbert Chagoury. The $1.1 billion project, approved by the Federal Executive Council, aims to modernize Tin Can and Apapa ports. The Nigerian Ports Authority is expected to announce further details...
President Bola Tinubu has appointed Bishop Matthew Kukah as Pro-Chancellor of the Federal University of Applied Sciences, Kachia. Key officials were also named, including a vice-chancellor and governing council members. Tinubu urged them to foster academic excellence as the university prepares...
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