After a string of disappointing closes, the Nigerian stock market rebounded on Tuesday, recording its first gain of the week. This positive shift was largely driven...
The cost of petrol subsidies in Nigeria has surged to an unprecedented N15.1 trillion under President Bola Tinubu’s administration, eclipsing the total expenditure of his predecessor,...
The Nigerian National Petroleum Company Limited (NNPCL) has made significant progress in repaying the $1.036 billion loan it secured in 2021 to fund its 20% stake...
The Nigeria Labour Congress (NLC) has announced plans for mass protests and industrial action in response to what it describes as the harassment and intimidation of...
The Independent Petroleum Producers Group (IPPG) has raised concerns over recent attempts to compel oil producers to supply crude to the Dangote Refinery and other local...
Shan Hanes, has been sentenced to over 24 years in federal prison for orchestrating a $47 million cryptocurrency fraud scheme that led to the collapse of...
The Nigerian Securities and Exchange Commission (SEC) has announced plans to issue licenses to cryptocurrency exchanges operating in the country. The move is part of a...
In line with its commitment to supporting youth empowerment and technological innovation, and creating opportunities for Nigerian youths to thrive in the digital economy, Unity Bank Plc recently...
The Central Bank of Nigeria (CBN) has announced that remittance inflows in July 2024 surged to a record $553 million. This represents a 130% increase compared...
As of August 20, 2024, the dollar to naira exchange rate on the black market, also known as the parallel market or Aboki FX, is reported...