The Nigerian naira faced a downturn on Wednesday against the US dollar as the local shed 1.47 percent at the black market to N1,500 per dollar....
The Federal Government of Nigeria has given its nod to a $750 million funding initiative from the World Bank. This substantial investment is earmarked for the...
Dangote Refinery has announced an increase in the price of Automotive Gas Oil (diesel) from N940 per litre to N1,100 per litre. This significant adjustment in...
Fidelity Bank’s shareholders have approved a substantial compensation package for its chairman and non-executive directors. The decision, disclosed in a document filed with the Nigeria Exchange...
Oil prices declined by 1 percent amid the uncertainty surrounding the global oil market as the world looks to the Middle East for a solution. Brent...
In the vast landscape of Nigeria’s political arena, storms are not uncommon, but the latest tempest brewing over the approval of a $13 billion highway project...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 22nd, 2024 stood at...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 150 basis points from 24.75% to 26.25% following a two-day meeting of...
Telecommunications giant Airtel Africa announced that its subsidiary, Bharti Airtel International (Netherlands) B.V., has successfully repaid its $550 million bond in full. This achievement marks a...
The Federal Government has shortlisted 5,000 candidates for its prestigious overseas scholarships. The announcement was made through the Petroleum Technology Development Fund (PTDF) in Abuja. Bolanle...