The Naira on Tuesday depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67.

The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to float the Naira to halt its further depreciation.

An aviation sector stakeholder, Mr Bankole Bernard, suggested in Ikeja on Sunday that 18 unviable airports in the country should be turned into shopping malls to generate revenue.

The Nigerian Maritime Administration and Safety Agency (NIMASA) has signed a Memorandum of Understanding (MoU) with the National Institute of Transport Technology (NITT), Zaria, on research and training towards enhancing maritime safety and security in Nigeria.

The Federal Government has promised to provide adequate security for the re-opening of the Spanish-run largest tomato factory in Nigeria, located in Kebbi.

The Chief Operating Officer (COO), Ibom Air, Mr George Uriesi, said domestic airlines lose at least N4.3 billion annually due to their inability to operate 24 hours flights daily to the airports of their choice.

Nigerians will soon start paying a 12.5 per cent tax on telecommunications services as the Federal Government plans to implement a five per cent inclusive excise duty on telecommunications services in Nigeria.

The stock market closed on Tuesday bearish, as the All-Share-Index (ASI) further declined by 1.86 per cent to 50, 442.37 points from 51, 400.53 points which it posted on Monday.

The Senate, on Tuesday, received a request from President Muhammadu Buhari, to confirm the re-appointment of four nominees as Non-Executive Directors of the Board of the Central Bank of Nigeria.  

The Federal Capital Territory Minister, Malam Muhammad Bello, has cautioned high-income individuals who provide false information on their income to refrain from such attitude.

The European Union, the Nigerian National Petroleum Company Ltd (NNPC) and the Joint Task Force (JTF) Operation Delta Safe, on Friday visited an illegal refining site in Rivers, to inspect the impacts on the environment.

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the Federal Government to address the necessary economic parameters to prevent Nigeria from slipping into recession.