Forex Market Shift: Naira Bounces Back To N1,400/$

Eko Hot Blog reports that the Naira on Wednesday showed a remarkable rebound against the US dollar in both the official and parallel markets. The local currency notably strengthened against the greenback, particularly in the black market. This came as the Central Bank of Nigeria announced the final settlements of all valid foreign exchange backlogs, … Read more

Accident Bureau Confirms Jet Incidence In Lagos

Accident

Accident Investigation Bureau Nigeria (AIB-N) has confirmed the incident in which King Air Jet ran into a fence at the General Aviation Terminal Apron of the Murtala Muhammed International Airport, Ikeja, Lagos. Mr Tunji Oketumbi, the General Manager, Public Affairs of AIB on Saturday said the incident occurred around 9:35 am on Friday, involving a … Read more