Economy

By Enyichukwu Enemanna No fewer than 2.95 million U.S airline passengers were screened on Friday, the highest number ever recorded on a single day, the Transportation Security Administration (TSA) announced on Saturday. The surge in number...

By John Ikani The Central Bank of Nigeria (CBN) has outlawed street trading by Bureau de Change (BDC) operators to ensure better regulation and bolster the naira. “Street trading of foreign currencies is not allowed,” said...

By Emmanuel Nduka On Thursday, May 16, 2024, Emirates Airlines announced that it will resume flight services to Nigeria from October 1, 2024, after over a year that the largest carrier of the United Arab Emirates...

By Emmanuel Nduka Controversy is trailing last week’s approval by Nigeria’s federal cabinet for construction work on the second section of a $13 billion highway awarded to an ally of President Bola Tinubu. Heritage Times HT reports...

By Ebi Kesiena The South African rand declined against the dollar on Wednesday as traders eagerly awaited the release of the Federal Reserve's meeting minutes, hoping for insights into the interest rate trajectory of the world's...

By John Ikani Nigeria, often perceived as over-burdened by debt, has surprised many by securing the second-lowest debt ranking among African nations, according to data released by the International Monetary Fund (IMF). This recognition underscores the...