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Naira weakens against the dollar even though reserves stand at about $55 billion

A fresh CBN dollar rate shows the naira losing ground, reportedly despite foreign reserves of around $55 billion. The slide is drawing questions from traders and ordinary Nigerians.

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Medics at work in an Ebola observation ward
Stock image: DFID - UK Department for International Development / Flickr, CC BY 2.0

NCDC approves N100,000 weekly payments for people under Ebola monitoring

The Nigeria Centre for Disease Control has reportedly approved a weekly stipend of N100,000 for people being monitored as contacts of the confirmed Ebola case. The payment is said to be meant to help them stay at home for the monitoring period.

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Suitcases lined up in an airport baggage hall (stock image)
Stock image: Chor Ip / Flickr, CC BY-SA 2.0

NDLEA arrests a South African woman and a Nigerian-American grandmother at Lagos airport

The anti-narcotics agency has reportedly detained two travellers at the Lagos airport, one of them a South African woman said to have been carrying about 36 kilograms of cocaine. The second is a Nigerian-American grandmother. Further details on the second case were not immediately available.