• Naira slumps to 452/$ as speculations, debt weaken market

    Naira slumps to 452/$ as speculations, debt weaken market0

    Naira slumps to 452/$ as speculations, debt weaken market The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and the effect of the country’s rising foreign debt. The Central Bank of Nigeria resumed foreign exchange sales in April ending to commercial banks, to be made accessible

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  • FAAN shuts down Gombe and Kebbi State airports over N732m debts

    FAAN shuts down Gombe and Kebbi State airports over N732m debts0

    The Federal Airports Authority of Nigeria has withdrawn its aviation security and aerodrome rescue and firefighting personnel from Gombe and Kebbi airports over N732.4m indebtedness.    Henrietta Yakubu, the General Manager, Corporate Affairs, FAAN said the withdrawal of FAAN services from both airports, which had technically grounded flight operations, took effect from midnight of May

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