As of February 27th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,530 NGN in the black...
After two decades of anticipation, President Bola Tinubu, through his representative Vice President Kashim Shettima, inaugurated the long-awaited Geometric Power Plant in Aba, a significant milestone...
In a bid to mitigate the continuous depreciation of the naira against the dollar, the Central Bank of Nigeria (CBN) has injected over $300 million into...
The Nigerian Monetary Policy Committee (MPC) is gearing up for a crucial meeting to discuss potential measures to address the country’s economic challenges, including rising inflation...
FBN Holdings has emerged as Nigeria’s most valuable bank, surpassing Guaranty Trust Holding Company (GTCO) and Zenith Bank in terms of market capitalization. At the close...
The Nigerian Exchange (NGX) opened the week in the red as Nestle Plc, Eterna, and Fidson Healthcare Plc closed lower to wipe out a combined N51...
Renowned African architect and global leader Olajumoke Adenowo has been appointed to the Board of Directors of Flutterwave, Africa’s leading payments technology company. With a sterling...
Ekiti State Governor, Mr. Biodun Abayomi Oyebanji, has announced a comprehensive relief package aimed at alleviating the hardship faced by the people of the state. The...
The Central Bank of Nigeria (CBN) has unveiled new foreign exchange (FX) sales limits for Bureau De Change (BDC) operators, setting a $4,000 cap for Personal...
Universal Music Group (UMG), the global music powerhouse, has announced its acquisition of a majority stake in Mavin Global, one of Africa’s most prominent independent record...