Nigeria is grappling with soaring inflation as data from the statistics agency revealed that the country’s headline inflation surged to a new 28-year high in April....
Nigeria’s crude oil sales for the month of May are facing significant hurdles as a result of subdued demand from European buyers, signaling a challenging start...
Jumia Technologies AG, the Nasdaq-listed e-commerce giant, has unveiled plans to consolidate its warehouses in Nigeria. This decision is part of the company’s broader strategy to...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 16th, 2024 stood at...
KuCoin, one of the leading cryptocurrency exchanges globally, has announced a temporary pause on its P2P Nigerian Naira (NGN) services and Fast Buy service via Naira...
The Joint Admission and Matriculation Board (JAMB) has quelled concerns over the integrity of the Unified Tertiary Matriculation Examination (UTME) results by releasing an additional 36,540...
The Federal Government’s tripartite committee on minimum wage is set to convene today in Abuja to discuss the new national minimum wage. The committee, comprising 37...
Activity in Nigeria’s air cargo sector declined with cargo volumes dwindling across airports in the country. The decline fueled by a myriad of factors including rising...
The Nigerian equity market closed in the red on Tuesday as the benchmark index plummeted to levels last seen in January. The All-Share Index (ASI) dropped...
Subscription for the Federal Government bond auction on May 13, 2024 was the lowest so far in 2024. Despite the subdued interest, the government successfully raised...