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Authorities in the United States of America have grounded all flights across the country. An information contained in a Notice to Airmen says the flights were grounded due to a system failure at the Federal Aviation Administration. According to the NOTAMs, the impact on flights is likely to be global. Also, the Federal Aviation Administration […]
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New reports just emerging show that the naira has continued its downward decline at both the official and the parallel market. The legal tender suffered a steep depreciation in 2022 with the national currency losing between at least 11 per cent and 23 per cent. An analysis of the exchange rates’ movements showed that the […]
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The Nigeria Immigration Service (NIS), has released a critical information to Nigerians overseas, wishing you return home but could not because of expired passports. In a statement dated Monday, December 12, the NIS revealed that Nigerians in that category would now be allowed to board flights home without restriction. The update is contained in a […]
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A Nigerian lady who is based in Canada has cautioned Nigerian ladies back home about hopes of getting a husband or being hooked up in that country. The TikTok user warned them to get married back home and take their husbands over to Canada or have their their hopes dashed if they ever planned on […]
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A video has captured the moment a Nigerian woman based in Germany lost her cool as she danced for joy on the streets of Germany. She announced that she and her son received a permanent residence permit after seven years in the country. The mother of one is now an official citizen of the European […]
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Former Senator who represented Kaduna Central, Shehu Sani, has given the reason for the recent appreciation of the naira against the dollar. The Nigerian currency rose to N730/1$ after falling to about 900/1$ a few days ago in the parallel market. Speaking on the development via a tweet on Friday, Sani explained that the Naira […]
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There is hope for businessmen who transact with foreign currency as naira has appreciated against the dollar to exchange at N730/$ on Friday at the black market. The information was gleaned from information from black market traders who spoke to Nairametrics. A couple of days ago, naira exchanged N900/$1 leaving many Nigerians in a state […]
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Businesses that transact with foreign currencies are lamenting as the British pound exchanged N1000/1£ at the black market over the weekend with indications that the naira will crash even lower. The report revealed that the sharp fall of the naira against the foreign currencies at the parallel market has left business owners in a state of […]
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Dana Air has announced a resumption date for its flight operations. According to the airline, it plans to resume flight operations on November 9, 2022 after a successful conclusion of the audit organised by the Nigerian Civil Aviation Authority. The airline in a statement said, “We are pleased to announce that we will resume flight operations […]
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The naira has further crashed to N870/$1 as of Friday 4th November, 2022 at the black market. Nairametrics credits the black market traders with the latest update. Nigeria’s currency had exchanged N820/$1 in the previous trading session. The exchange rate at the cryptocurrency peer-to-peer FX market also declined against the US dollar to trade at […]
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