Business
Naira Hits Record High of N1,513/$ in Official Market Amidst Currency Challenges
The Central Bank of Nigeria (CBN) successfully cleared the verified backlog of foreign exchange claims owed to foreign airlines on...
Read moreNigerian Naira Posts Substantial Gain, Soars to N874.79 per Dollar in Forex Markets
The Nigerian naira has recorded a significant surge in the Nigerian Foreign Exchange Market (NAFEM), appreciating to N874.79 per dollar....
Read more
Central Bank of Nigeria Lifts Ban on Cryptocurrency Transactions, Issues New Guidelines
The Central Bank of Nigeria (CBN) has officially lifted the ban on cryptocurrency assets in the country, reversing its earlier...
Read more
Jumia Food Announces Cease of Operations Amid Economic Struggles in African Nations
Amid the lingering harsh economic difficulties in Nigeria and other African countries, popular online retail merchants, Jumia will cease operations...
Read more
AfCTFA Women in Trade Conference Prepares for Second Edition in Dar es Salaam, United Republic of Tanzania
All is now set for the second edition of AfCTFA Women in Trade Conference which will be taking place from...
Read more
Aliko Dangote Confirms Dangote Refinery Startup in December 2023 with Ambitious Targets
In a recent interview with the Financial Times on November 25, Aliko Dangote, the Chairman of Dangote Group, confirmed the...
Read more
Average Cooking Gas Prices Surge in Nigeria, NBS Reports
The National Bureau of Statistics (NBS) has revealed a notable increase in the average price of 5kg cooking gas in...
Read moreNaira Experiences Sharp Decline Against Dollar at Official Market
The Nigerian currency, the naira, experienced a notable depreciation against the dollar at the official market, reaching N1,105/$1 at the...
Read more
DAAR Communications PLC Appoints Four Accomplished Professionals as New Directors
The Board and Management of DAAR COMMUNICATIONS PLC has announced the appointment of four new Directors to join the existing...
Read more
Union Bank of Nigeria Plc Announces Intention to Delist from NGX
Union Bank Plc (“the Bank”) has given notice of intention to delist its shares from the Nigeria Exchange Limited (NGX). ...
Read more
S&P Global Ratings Commends Access Bank’s Sustainable Finance Framework in Line with International Standards
Access Bank PLC has earned praise from S&P Global Ratings for its Sustainable Finance Framework, also known as the Sustainability...
Read more
Fish Sellers in Oyingbo Market, Lagos, Plead for Government Intervention Amid Soaring Prices
In a poignant appeal to the government, a fish seller at Oyingbo market in Lagos State expressed the hardships faced...
Read moreNaira Weakens Despite CBN’s Efforts, Closes at N996.75/$ on I&E Forex Window
On Thursday, November 9, the Nigerian Naira closed trading on the Investor & Exporter (I&E) forex window at N996.75/$, reflecting...
Read more
Nigeria Adjusts Customs Exchange Rates, Prompting Economic Concerns
In a recent announcement, the Federal Government of Nigeria has made significant adjustments to the exchange rate calculations for import...
Read more