Nigeria’s President Bola Tinubu brought his message of optimism to the New York Nasdaq exchange this week, calling on investors to “be confident in Nigeria.” However,...
Tension Between Aliko Dangote and NNPC Raises Concerns Over Nigeria's Oil Industry
The Central Bank of Nigeria (CBN) has announced the postponement of its 293rd Monetary Policy Committee (MPC) meeting, originally scheduled for September 25th and 26th, 2023....
The currency in circulation in Nigeria has surged by N1.7 trillion, driven by a surge in cash transactions. According to data obtained from the Central Bank...
Nigerian autotech startup Fixit45 has successfully secured $1.9 million in equity and working capital to fuel its ambitious expansion plans into East Africa. The funding round,...
Oil prices saw an upward trend on Friday as concerns over Russia’s ban on fuel exports potentially tightening global supply. This development overshadowed apprehensions of further...
The Nigerian naira’s exchange rate to the US dollar has remained a cause for concern as the exchange rate hovered around N1000/$1. Earlier this week, Investors...
Members of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) have expressed their strong opposition to the recently introduced price verification system at...
The Oyo/Osun Area Command of the Nigeria Customs Service has reported a better-than-expected achievement in revenue collection, exceeding its targets while also making significant seizures of...
Nigeria’s economic woes seem to be deepening as the Naira continues its steep decline, reaching N980 against the US Dollar on the black market. This alarming...