Economy
The Naira is officially stable. The parallel market disagrees by ₦73 per dollar. The official rate this week is ₦1,357 per dollar. The parallel market rate is ₦1,410 to ₦1,430. That gap is ₦73. That’s roughly 8% above the official figure. If you’re...
Economy
The Philippines can’t refuel abroad. Nigeria’s airfares are heading to ₦240,000. The President of the Philippines told Bloomberg on Tuesday that several countries have told Philippine airlines they can’t refuel their aircraft at destination...
Diaspora
NIMC is scaling up in the UK right now. Here’s why that matters. The National Identity Management Commission announced this month that it’s using the Windsor visit as a platform to scale up diaspora NIN enrolment in the UK. That sounds...
Diaspora
Israel warned its people. Nigeria’s abroad are still waiting for the call. At 1:45am on Monday, three people in hoods poured accelerant over four ambulances parked outside a synagogue in north London and set them alight. Gas canisters exploded. Windows...
Security
Nine dead in Kwara and Niger. The army was already deployed. Two IED explosions on Monday morning. Woro community, Kaiama LGA, Kwara State: a commercial vehicle drove over a device at 6:30am. The driver killed instantly. A woman and her child injured. A second device...
Energy, Economy
A war Nigeria didn’t start is now inside the price of your next flight. Before the US-Iran conflict, Jet A1 aviation fuel sold for ₦900-₦995 per litre at Nigerian airports. As of March 20, it’s trading at ₦2,500-₦2,700 per litre. More than double in...