The disparity between the demand and supply of US dollars within banks and the informal parallel market continues to exert downward pressure on the value of...
The administration of President Bola Tinubu is poised to settle a substantial debt of approximately N187.32 billion owed to local contractors in the current year. This...
Over 15,000 retirees, who had not been receiving monthly stipends of at least N10,000 under the Contributory Pension Scheme (CPA), withdrew N7.79 billion from their Retirement...
The National Bureau of Statistics (NBS) reports a significant increase in the average cost of bus transportation within Nigerian cities. In May 2023, the average fare...
As of August 14th, 2023, the dollar to naira exchange rate is 1 USD to 945 NGN at the black market. This means that for every...
Moove, a trailblazing player in Nigeria’s mobility and logistics sector, has successfully raised $76 million in a financing round that promises to reshape the landscape of...
The Black Sea witnessed a dramatic escalation as the Russian navy opened fire on a cargo vessel for the first time since its withdrawal from a...
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt and will issue about 35.9 billion riyals in...
Iran’s oil exports have surged beyond initial budget projections to over 1.4 million barrels per day, according to a statement by Davoud Manzour, the head of...
The message is simple, there will be no negotiation with regional countries unless they acknowledge the junta's claim to power