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For how long will the CBN continue to defend the naira?

For how long will the CBN continue to defend the naira?

Nigerians’ penchant for foreign goods has continued to put pressure on the nation’s external reserves and the exchange rate. In the last four months – April to August, a total of $14.95 billion left the shores of Nigeria as payments made by the Central Bank of Nigeria on behalf of the public.

Aviation workers threaten strike

Aviation workers threaten strike

Aviation workers under the aegis of Nigerian Air Traffic Controllers’ Association, NATCA, yesterday, threatened to withdraw their services by the end of the month should domestic airlines fail to pay up outstanding ticket and cargo sales charges, TSC, to aviation agencies.

Delta Central by-election to hold Oct 5

Delta Central by-election to hold Oct 5

THE by-election to fill the vacant Delta Central senatorial seat in the National Assembly, which became vacant following the sudden death of Senator Pius Ewherido, has been fixed for October 5, 2013.