As of March 21st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,520 NGN in the black...
FBN Holdings PLC, a leading financial services group in Nigeria, has disclosed significant appointments within its Board of Directors. FBN Holdings Plc Appointments: Mr. Olusola Adeeyo...
Oil prices rebounded on Thursday despite signals from the U.S. Federal Reserve indicating a potential prolongation of higher interest rates. Brent crude oil, against which Nigeria...
The Central Bank of Nigeria (CBN) has cleared a $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso. This accomplishment not only fulfills a...
The Nigeria Customs Service at the Murtala Muhammed Airport Command generated N28 billion between January and February. This was revealed by the command’s Public Relations Officer,...
Amidst the bustling streets and urban sprawl of Lagos, a transformative project is set to reshape the city’s industrial landscape. MIDOil Refining and Petrochemicals Company Limited...
The Nigerian Senate has approved the Student Loans Access to Higher Education Act (Repeal and Re-Enactment) Bill of 2024. This legislative milestone follows meticulous deliberation of...
In February 2024, Nigeria’s oil and gas exploration activities surged with rig count increasing by 23% compared to the previous year. The rig count, a crucial...
Access Bank PLC, a leading financial institution based in Nigeria, has unveiled plans to acquire National Bank of Kenya Limited (NBK) in a landmark deal. The...
The Nigerian Naira has appreciated against the U.S. Dollar on the parallel market with operators quoting a buy price of N1400/$1 for holders of dollars looking...