play_arrow
Eagles FM The bedrock for quality broadcasting
play_arrow
Eagles Morning Rise Podcast Uduak Daniel
play_arrow
Eagles Night Podcast App EaglesFM
Dollar supply in the official foreign exchange market rose by 180.59 percent to $440.13m on Friday. This is as the naira closed the week at N1435.53/$ on Friday after what was a turbulent week. According to data from FMDQ Security Exchange, forex turnover rose by 180.59 percent to $440.13m on Friday from $156.86m on Thursday. However, aside from commercial banks, the Central Bank of Nigeria, oil firms and multinationals also […]
Manufacturers have predicted fresh hikes in the prices of commodities in the market to rise in response to the continued fall of the naira against the United States dollar. On Friday, the naira plunged to N1,420/$ at the parallel window of the foreign exchange market. The President of the Manufacturers Association of Nigeria, Francis Meshioye, said that the naira, which has now remained at over N1,400 in the parallel market […]
Owning a private jet in Nigeria isn’t just for convenience, but also a display of wealth and affluence as many Nigerians ranging from politicians, to artists and also pastors have been known to acquire private jets. AMB Reports that on an average, the maintenance of a private jet costs about $500,000 to $1 million (approx. N290 million – N580 million) per year yet people still pay this huge sum. There […]
The Federal Government through the Bureau of Public Enterprises is currently carrying out transactions for the sale of five power plants under the National Integrated Power Projects at a cost of about $1.15bn, it was gathered on Tuesday. Although sources familiar with the development explained that the cost of the plants should exceed $5bn based on international benchmark, they revealed that the BPE was planning to sell the facilities at […]
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at N451/$) in the first and second quarters of 2023. Total credit to the Balance of Payment account from airline travel was $19.39m (N8.75bn). The amount on the debit side of the balance […]
The Minister of State for Petroleum Resources (Oil), Dr Heineken Lokpobiri, has disclosed that Nigeria will spend a total sum of $3.1tn to transit from fossil fuel to cleaner and renewable energy. Lokpobiri said the nation had projected $1.9tn for energy transition plan, while $1.2tn was estimated for renewable energy plan in 2060, making a sum of $3.1tn altogether. He made this known at the 54th Annual Meeting of the […]
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at N451/$) in the first and second quarters of 2023. Total credit to the Balance of Payment account from airline travel was $19.39m (N8.75bn). The amount on the debit side of the balance […]
Addressing newsmen, he said, “You can see that this place is in a deep forest even if you are using helicopters and military drones you will not be able to see what we actually saw here on the ground. Credible intelligence led us to this location. “We have discovered so many illegal activities. As you can see, we have seen reservoirs that can contain upwards of 200, 0000 litres of […]
A not-for-profit organisation, the Peace in South East Project, has unveiled a six-month action plan geared towards implementing its eight pillars of thematic focus to bring about peace in the region an initiative of the Deputy Speaker of the House of Representatives, Benjamin Kalu, is an intervention strategy with a focus on the use of non-kinetics means to address the security challenges in the South-East zone. Unveiled on December 29, […]
Eagles FM Abuja Nigeria provides information, entertainment & empowerment it’s listeners.
