As of April 30th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD...
Governor Godwin Obaseki has announced a significant increase in the minimum wage from ₦40,000 to ₦70,000. The announcement was made...
Nigeria’s Treasury Bills market has witnessed an unprecedented surge in investor interest with subscriptions soaring to N23.75 trillion in the...
President Bola Tinubu stood firm in defense of Nigeria’s recent tough economic decisions during his address at the World Economic...
The total Point of Sale (POS) terminals deployed across Nigeria have now reached 2.68 million as of March 2024. According...
The Association of Licensed Telecoms Operators of Nigeria (ALTON) and The Association of Telecommunications Companies of Nigeria (ATCON), representing Mobile...
The President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has revealed plans to establish...
A.P. Moller-Maersk, one of the world’s largest shipping and logistics companies, has committed a $600 million investment into Nigerian ports....
President Bola Tinubu has approved the appointment of the Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, as...
Forex Weekly Outlook October 2-6 The US dollar rebounded last week after Janet Yellen said gradual interest rate hike is appropriate at a time of high...
CBN Intervenes With Fresh $308.5m The Central Bank of Nigeria on Friday injected another $308.5 million into the foreign exchange market. The intervention was to ensure...
Diamond Bank Holds Tech Fest for Customers Diamond Bank has said it was going ‘Beyond Banking’ again in marking Independence Day. The group announced that it...
IPOB Leader, Kanu, Not in Our Custody, DHQ Insists Following the growing concerns about the whereabouts of the leader of the Indigenous People of Biafra (IPOB),...
Google Ordered to Shut Down Catalonia Referendum Mobile App Google must take down a mobile phone app that tells Catalan voters where they could vote for...
Obaseki Sacks Perm Sec Over N283m Budget Padding The permanent secretary in the Edo State Ministry of Youth and Special Duties, Dr. (Ms) Osayuware Idahosa yesterday...
Court Orders MTN to Pay ex-Nigerian Operations Manager N4.8billion The National Industrial Court of Nigeria (NICN), Akure Division, has ordered MTN Nigeria Communications Limited and MTN...
Rice Importation Drops by 88.4% – FG The importation of rice into Nigeria dropped by 88.4 per cent in one year, the Federal Government announced on...
Electricity Grid Records Total Collapse, Says TCN The country’s electricity grid recorded a total system collapse on Thursday, the Transmission Company of Nigeria announced on Friday....
Don’t Let Economy Relapse Into Recession – MAN The Director-General, Manufacturers Association of Nigeria, Mr. Segun Ajayi-Kadir, has urged the Federal Government to intensify efforts so...
