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naira-notes

Naira: CBN issues traders smaller denominations to curb scarcity

The Central Bank of Nigeria (CBN) says it has commenced the disbursement of smaller naira notes to traders in order to improve the circulation of N5, N10, N20, and N50...

Saudi Arabia to hike fuel prices, sell national assets, cut salaries

FG moves to hike fuel price as scarcity persists 

By Patience Danjuma  There are indications that the federal government may increase fuel price to address the problem of fuel scarcity, which has persisted since...

Naira-and-dollar-notes

Nigeria dollar scarcity to persist till 2018 – Moody’s

Despite the Central Bank of Nigeria’s efforts to strengthen the value of the naira against the dollar, Moody’s Investors Service has said foreign currency shortages...

Crowd in airports as aviation fuel scarcity worsens

Crowd in airports as aviation fuel scarcity worsens

The domestic airports in Lagos have had to hold crowds of travellers from the weekend getting worse on in the morning of Monday, as airlines indulge in delay of...

naira-dollar

Naira falls, as dollar scarcity worsens

The Naira on Friday fell at the parallel market as dollar scarcity worsened ahead of the Christmas season.The Nigerian currency exchanged at N487 to a dollar, from N485...

Senate vow to unbundle cartels behind aviation fuel scarcity

As airline operators grapple with the challenge of aviation fuel known as Jet A1, the Senate on Monday vowed to intervene with a view to bringing the situation to an...

NPA

NPA shipping data dispel fears of imminent fuel price increase, scarcity

With a total of 313,000 metric tons of premium motor spirit (PMS) popularly known as fuel, to be discharged at the various jetties in Lagos, imminent fears of increase...

NPA

NPA shipping data dispel fears of imminent fuel price increase, scarcity

With a total of 313,000 metric tons of premium motor spirit (PMS) popularly known as fuel, to be discharged at the various jetties in Lagos, imminent fears of increase...

NPA

NPA shipping data dispels fear of imminent fuel price increase, scarcity

There are indications that with a total of 313,000 metric tons of premium motor spirit (PMS) popularly known as fuel, to be discharged at the various jetties in Lagos,...