As of April 25th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD...
Saudi Arabia has announced the opening of an alcohol shop in Riyadh, breaking a 70-year-long prohibition on the sale of...
Madica, a structured investment program dedicated to nurturing pre-seed stage startups in Africa, has announced its inaugural investments in three...
Amidst the backdrop of mounting concerns over Africa’s ballooning external debt, Akinwumi Adesina, the President of the African Development Bank...
International Oil Companies (IOCs) are standing firm on their stance regarding the currency denomination for crude oil transactions with modular...
Stanbic IBTC Holdings, one of Nigeria’s leading financial institutions, is set to raise a total of N550 billion through a...
The Nigerian Civil Aviation Authority (NCAA) has taken decisive action following a recent incident involving Dana Air by suspending the...
Axxela Limited, a leading sub-Saharan African gas and power company, has successfully completed its N15 billion Series 1 Bond Issuance....
The Dangote Refinery has surpassed some of Europe’s largest refineries in terms of capacity, according to a recent report by...
Sterling Bank Takes Giant Strides in Housing Sector Majority of Nigerians live in blighted and unplanned areas that are unfit, and some are unfit for human...
AMCON, Firm Differ Over Planned Asset Seizure The Asset Management Corporation of Nigeria and Suru Ventures Nigeria Limited are on the warpath over moves by the...
CBN to Punish Banks for Forex Infractions The Central Bank of Nigeria on Monday threatened to sanction any Deposit Money Bank found in breach of its...
Naira Drops to 369, Market Anticipates Dollar Supply The naira has weakened further to 369 per United States dollar on the back of waning supply of...
Illegal Dollar Evacuation to Dubai Threatening Naira – Gwadabe The President of the Association of Bureaux De Change Operators of Nigeria, Alhaji Aminu Gwadabe, says consistent...
Union Bank to Open N50bn Rights Issue on Wednesday Union Bank Plc says the subscription for its N50bn rights issue will commence on Wednesday, September 20...
‘Make Your Research Relevant to National Development’ The Minister of Budget and National Planning, Senator Udo Udoma, has called on the Nigerian Institute for Social and...
NCAA Certifies Lagos Airport, Others to Follow The Nigerian Civil Aviation Authority on Monday announced the certification of the Murtala Muhammed International Airport, Lagos, in accordance...
MAN, Others Reject Monthly Electricity Tariff Review Proposal The Manufacturers Association of Nigeria and other key consumers of electricity have rejected a proposal by the Nigerian...
2,000MW of Electricity Rejected by Discos, Says Power Ministry Two thousand mega watts of electricity generated into the national is not distributed to consumers, according to...
